CON 7700 Defective Pricing
 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.

Completing this course is one of the requirements for the CCON 007, Defective Pricing Credential. Click here to Learn More about CCON 007.
Objectives
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 substitutes for meeting current course prerequisite and certification standards)
Predecessor Predecessor Course Title PDS Code Accepted Until
None None None None
Course Length
Approximately 5 hours to complete
Additional Course Information
Delivery Mode  Distance Learning
Equivalent Courses  N/A
ACE Recommended Credits  None
PDS Code  HGX
Walk-ins Authorized  N/A
Pre-work required   No
First Offering  2/15/2022
Continuous Education Units  0
Continuous Learning Points
Reservist Retirement Points 1  
Historical Allocations  Click here
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.
  • The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits).