The US Federal Acquisition Regulations (FARs) and the Defence FARs (DFARs) can appear overly complex and bureaucratic, however, it is essential suppliers understand the obligations and commitments they contain and accept when contracting with the US Department of Defense (DoD).
This one day workshop introduces attendees to the requirements of the FARs and DFARs used by the US DoD (and other US government departments) for all their purchases and for monitoring contract performance.
What Does The Workshop Cover?:
The Workshop will provide an overview of FAR and DFAR requirements and processes for contract management, accounting, estimating, pricing, systems and audit including:
- How US Government contracts differ from UK MOD and commercial contracts
- The US DoD Organisation
- Navigating the FARs and DFARs and understanding their obligations (including flow-down)
- Contract types and their implications
- Contracting for sale of commercial items
- Pricing, costing, estimating for negotiated contracts
- Certified Cost or Pricing Data; when appropriate and consequences
- Intellectual Property Management
- Allowable and unallowable costs
- System approvals and audits
- Contract change
- Labour and overhead rates, negotiating profit, UK/USA MOU
Who Should Attend:
The Workshop is for companies considering entering the US defence market or who want to improve their understanding of US DoD contracting processes and requirements. It will assume attendees have some knowledge of defence contracts and contracting gained from doing business with the UK MOD DE&S or the equivalent organisation of another nation.
The workshop will be led by Mike Debney, a qualified chartered management accountant, with more than 25 years’ experience in senior commercial positions within major UK defense companies. Mike has expertise in both UK MOD and US DoD pricing and regulations and runs training workshops for both topics.