January 19th: Cost Allowability – FAR Part 31, Contract Cost Principles

$89.00$99.00

January 19, 2022 | 1-2:30 PM | $99 Live, $89 On-Demand (available after January 24)

When pricing US Government contracts based on cost, a contractor must identify and segregate unallowable costs, regardless of the contract type. When billing flexibly-priced contracts, unallowable costs must be excluded from all claimed cost – both direct and indirect costs. FAR Part 31, Contract cost principles and procedures proscribe the requirements for cost allowability. In this course, you will gain an understanding of FAR Part 31 applicability, record keeping requirements, and key points associated with contract cost principles

Course Topics Include:

  • Personnel and business contracts
  • Professional services associated with contract cost principles
  • Selling related requirements
  • Assets management

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Description

January 19, 2022 | 1-2:30 PM | $99 Live, $89 On-Demand (available after January 24)

When pricing US Government contracts based on cost, a contractor must identify and segregate unallowable costs, regardless of the contract type. When billing flexibly-priced contracts, unallowable costs must be excluded from all claimed cost – both direct and indirect costs. FAR Part 31, Contract cost principles and procedures proscribe the requirements for cost allowability. In this course, you will gain an understanding of FAR Part 31 applicability, record keeping requirements, and key points associated with contract cost principles

Additional information

Course Type

Virtually Led, On-Demand