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CON 7480 Extraordinary Contractual Actions





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iCatalog Home CON 7480 Extraordinary Contractual Actions
(Last Modified:30-Jan-2024)

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Description
On September 9, 2022, the Principal Director, Defense Pricing and Contracting (DPC) issued a memo titled, “Managing the Effects of Inflation with Existing Contracts.” In this memo, DPC provided procedural information on how to process requests for relief for extraordinary circumstances where contractors have sought or may seek an upward adjustment to the price of an existing firm-fixed-price contract to account for the current inflationary, economic conditions, but many questions remain. This Online Training (OLT) course provides clarification on Pub. L. 85-804 as implemented in FAR subpart 50.1. This course does not address Economic Price Adjustment (EPA) Clauses or modifications based on consideration.
Objectives
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Target Attendees
Our defense partners who seek relief under FAR subpart 50.1 and acquisition professionals who process and review these requests.
Prerequisite(s)
See the "Notes" section of this course's concept card for recommended prerequisite.
Predecessor Course(s)
Predecessor Predecessor Course Title PDS Code Expires On
None None None None
Course Length
Approximately 3 hours to complete
Additional Course Information
Delivery Mode Online Training
Equivalent Courses N/A
ACE Recommended Credits None
PDS Code  
Walk-ins Authorized N/A
Pre-work required No
First Offering 12/22/2023
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
Recommended Prerequisite:
  • CON 7470 Inflation and Economic Price Adjustments
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).