Course Description

This four-day elective course will give you thorough insight into how a contractor prepares a proposal and analyzes the requirements document to find the high-cost, high-risk areas. You will learn how to avoid the common mistakes that lead to higher costs and anticipate how a contractor will read the requirements document and prepare the quote. This course will give you immense leverage in keeping the project costs down by introducing quality assurance (QA) at each step of the acquisition process.

Learning Objectives

• Learn how to identify the high-risk, high-cost areas in requirements documents
• Identify the language in a performance work statement/ statement of work (PWS/SOW) that drives risks and costs higher
• Recognize the riskiest contract terms and conditions
• Understand and negotiate options available to keep excessive costs down
• Apply performance assessment in performance-based contracts
• Monitor and document progress, costs, government furnished property, and fraud
• Perform a QA inspection and acceptance of deliverables

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