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CON 7700 Defective Pricing





DAU Courses
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iCatalog Home CON 7700 Defective Pricing
(Last Modified:12-May-2022)

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Description
This Online Training (OLT) 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. In this course, learners 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
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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)
Predecessor Predecessor Course Title PDS Code Expires On
CON 7010V Defective Pricing B2F INDEF
Course Length
Approximately 3 hours to complete
Additional Course Information
Delivery Mode Online Training
Equivalent Courses None
ACE Recommended Credits None
PDS Code HGX
Walk-ins Authorized N/A
Pre-work required No
First Offering 2/15/2022
Continuing Education Units   0
Continuous Learning Points  3
Reservist Retirement Points  1
Historical Allocations Mouse Over for Past CEU/CLPs
Fulfillment Eligible N/A
Technical Requirements Click Here
Notes
  • Any exams in this course must be passed with a minimum score of 80%.
  • There is no time limit for completing this course.
  • After completing the course, please be sure to complete the survey at the end.