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CON 124: Contract Execution

Description

This two-day course focuses on executing the acquisition planning through solicitation to awarding the contract. You will be provided with the knowledge necessary to execute an acquisition that optimizes customer mission performance, learn the techniques and benefits of early industry involvement in shaping requirements, and apply the basic procedures for the acquisition of both commercial and noncommercial requirements. This course will teach you how to effectively conduct market data analysis, determine when a price is fair and reasonable, conduct basic competitive acquisitions, process awards, and handle protests before and after a contract award.

Learning Objectives

  • Determine if the purchase request package can be accepted and processed
  • Determine the applicable methods for exchanging information with the vendor
  • Determine the components and procedures for preparing an oral or written solicitation
  • Determine the procedures for processing solicitation responses
  • Determine the analytical techniques that are used to evaluate contractors’ proposals to ensure that both the government and contractor receive a fair and reasonable price
  • Complete the price analysis of a contractor’s proposal to establish a price objective for negotiation
  • Determine the elements of a negotiation strategy
  • Determine the procedure taken for contract award

Course ID

CON 124

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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© 2023 Business Management Research Associates, Inc. | All Rights Reserved

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