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CON 7520 Performance-Based Payments (Page Last Modified:23-Sep-2024)   Description This Online Training (OLT) course aims to equip acquisition teams with the essential tools and knowledge to develop a Performance-Based Payment (PBP) structure for Fixed-Price (FP) contracts. After completing the course, learners will be able to identify terms, definitions, and policies related to contract financing; create a PBP structure that aligns with FAR and OSD policies; and utilize the OSD PBP analysis tool to evaluate a PBP financing plan. During this course, learners will review the evolution and current guidelines surrounding the use of PBPs; identify the pros and cons of this form of contract financing; acquire step-by-step guidance on creating a PBP structure; and apply what they’ve learned through practical scenario-based application. Finally, students will use the OSD PBP analysis tool to evaluate a PBP financing plan. Objectives Download Course Objectives Target Attendees The target audience includes: Acquisition Professionals: Individuals involved in the procurement and contracting process within government or private sectors. Contracting Officers: Those responsible for overseeing and managing contracts. Program Managers: Professionals who manage projects and need to understand contract financing. Financial Analysts: Individuals who analyze and manage financial aspects of contracts. Legal Advisors: Legal professionals who provide guidance on contract terms and compliance. This course is designed for anyone involved in the development, management, or oversight of contracts that utilize Performance-Based Payments. Prerequisite(s) None Predecessor Course(s) Predecessor Predecessor Course Title PDS Code Expires On None None None None Course Length Approximately 1 hour to complete Additional Course Information Delivery Mode Online Training Equivalent Courses None Availability All PDS Code AYF Walk-ins Authorized N/A Pre-work required No First Offering 8/2/2024 ACE Recommended Credits None Continuing Education Units   0 Continuous Learning Points  1 Reservist Retirement Points  0 Historical Allocations Mouse Over for Past CEU/CLPs Fulfillment Eligible N/A Technical Requirements Click Here Notes Additional Information: 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. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits).