Cost and price realism analysis

Overview | Topics | Learn How To | Dates & Locations | Hours

Overview

Learn how to do price analysis, cost analysis and cost and price realism analysis. Understand and be able to distinguish between price analysis and cost analysis approaches to analyzing cost proposals. Learn the basics of indirect rates, and how to analyze individual contract costs. This intensive two day course will teach you what you need to know to avoid cost and price realism protests. We explain through classroom and workshops how to conduct analysis and the pitfalls to avoid in doing cost and price realism.

Topics

• Overview of Price and Cost Analysis
• Price Analysis Tools and Techniques
• Cost Analysis Tools and Techniques
• Cost Realism Analysis tools and Techniques
• Understanding Special Costs
• Understanding Overhead and G&A
• Understanding Profit
• Special Issues such as Uncompensated Overtime, Low Bids, DoD Issues on “added value” subcontractors
• Protests and Hot Issue

Learn How To...

• Understand the difference between cost and price analysis
• Identify Government requirements and goals in the contract pricing process
• Explain the legal basis for contract pricing efforts
• Identify the responsibilities of contracting officers and contracting specialists in the contract pricing process
• Learn how to conduct a price realism analysis
• Understand the importance of analyzing staffing in conjunction price
• Learn how to conduct cost realism to avoid protest

Dates & Locations

The $1095 registration fee includes breakfast, light refreshments, and course materials. View our registration policies.

Hours

8:30 AM–3:30 PM both days
Breakfast and registration open at 8:00 AM.

This course is recommended for 11 Continuous Learning Points (CLPs). It also offers 1.1 Continuing Education Units (CEU). A Federal Contracting Institute® certificate of completion will be provided to all attendees upon conclusion of the class.