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Acquisition of Commercial Items

Description

This two-day elective course is designed to provide you with an opportunity to learn and apply the concepts, principles, and contract terms of FAR part 12, “Acquisition of Commercial Items,” in awarding and administering a contract. You will learn how to determine if a procurement falls under the definition of a commercial item and how acquisition personnel can take advantage of this streamlined approach from requirements determination to award.

Learning Objectives

  • Define what makes an item commercial and identify who is responsible for identifying an items commercial status
  • Understand the requirements covered by FAR part 12 “Acquisition of Commercial Items”
  • Recognize the impact of FAR part 12 on the award and administration of covered contracts
  •  Identify the purpose of FAR part 12 in soliciting, evaluating, and awarding a contract
  • Understand how to correctly administer commercial item contracts

NCMA Competencies

A.1, A.2, A.3, A.5, B., B.3, B.4, B.5, B.6, C.3, 1.2, 1.3, 1.4, 1.5, 1.6, 1.7, 2.0, 2.1

Course ID

ACI – EL

Length

2 Days

CLPs

16

Modality

In-person

Virtual

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Stay in the loop with special offers, educational content, and more.

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© 2024 Business Management Research Associates, Inc. | All Rights Reserved

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