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CON 7010V





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iCatalog Home CON 7010V Defective Pricing
(Last Modified:04-Nov-2020)

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Description
THIS COURSE WILL BE AVAILABLE IN 2nd QTR FY21.

This virtual instructor led (VILT) training course provides an introduction to defective pricing. What is defective pricing? Is defective pricing a contract remedy? Are there instances where defective pricing requires a legal remedy? During this course, we will discuss the requirements of the Truth in Negotiation Act, the definition of Cost or Pricing Data, Subcontractor Defective Pricing, the Statute of Limitations, Offsets, the importance of the Price Negotiation Memorandum, and Contract Audit Follow-Up procedures. Through examples, case studies, interactive exercises, and facilitated discussions, attendees will follow the defective pricing process flow from a DCAA auditor’s post award audit assignment through defective pricing settlement. Students will be required to use the DAU-developed Contract Disputes Act Interest Calculator to calculate mandatory interest for overpayments. This course was developed by auditing, legal, and contracting personnel and is intended for multi-functional teams.
Objectives
TO BE POSTED
Download Course Objectives
Target Attendees
OCC Series 1102s, Contract Attorneys, and DCAA Truth in Negotiation Compliance Auditors involved in Defective Pricing Cases.
Prerequisite(s)
None
Predecessor Course(s) (Acceptable as a substitute for this course until the acceptance date specified below.)
Predecessor Predecessor Course Title PDS Code Accepted Until
None None None None
Course Length
4 days (see Notes)
Additional Course Information
Delivery Mode Virtual Instructor Led Training
Equivalent Courses None
ACE Recommended Credits None
PDS Code B2F
DAU Public (material/prework) N/A
Continuing Education Units   1.6
Continuous Learning Points  16
Reservist Retirement Points  0
Historical Allocations Mouse Over for Past CEU/CLPs
Notes
  • Walk-ins NOT authorized.
  • Access your Agency specific registration site for the course schedule.
  • Virtual classes are conducted via Cisco Webex/MS Teams, supplemented with Blackboard and e-mail.
  • Students are required to test connectivity with DAU IT prior to the class start date and should not schedule themselves for any other work-related activity while participating in this class.
  • DAU does not reimburse student phone/internet charges.