Course Description

This one-day elective course is designed to provide foundational knowledge of the FAR to government personnel entering the 1102/Contracting career field, or having work associated with acquisitions. This course provides a brief introduction to many of the topics when working with acquisitions and includes some application exercises. The focus will be a brisk paced exposure to “what key parts of the FAR does a procurement specialist need to be familiar with in order to perform their job?” The goal is not to cover every part of the FAR in detail, or agency specific areas.

Learning Objectives

• Explain on a basic level how the FAR is set up
• Identify the qualifications needed to be a government contractor
• Understand market research and its importance in the acquisition process, changes and modifications during contract administration, conditions for terminations and the types of termination, and the reasons for competition and when it is required
• Differentiate between fixed price vs. cost reimbursable contracts

For more information, please contact businessdevelopment@bmra.com or call us at (703) 691-0868 ext. 100.