| Description |
Determining profit or fee involves rewarding the contractor for performance and their acceptance of risk. What is a reasonable profit or fee for a given contract? Different perspectives can vary substantially on that question. This is why proper use of a structured approach when required by the FAR (as supplemented by the DFARS) is so important. In this Online Training (OLT) course, you will be introduced to the basics of analyzing profit or fee using DOD's Weighted Guidelines method for developing a reasonable profit or fee objective.
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Objectives
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Download Course Objectives
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Target Attendees
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This course is designed for those who need to understand the basics of the DOD Weighted Guidelines method to determine a fair profit or fee. It is also an excellent primer for those planning to take CON 7170V (Analyzing Profit or Fee), which provides in-depth training on the subject.
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Prerequisite(s)
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None
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Predecessor Course(s)
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| Predecessor |
Predecessor Course Title |
PDS Code |
Expires On |
| None |
None |
None |
None |
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Course Length
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Approximately 2 hours to complete
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Additional Course Information
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| Delivery Mode |
Online Training
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| Equivalent Courses |
N/A |
| Availability |
All
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| PDS Code |
AZS |
| Walk-ins Authorized |
N/A
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| Pre-work required |
No
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| First Offering |
10/18/2024
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| Required for: |
None
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| ACE Recommended Credits |
None |
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Continuous Education Units |
0 |
| Continuous Learning Points |
2 |
| Reservist Retirement Points |
1 |
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Historical Allocations |
Mouse Over for Past CEU/CLPs
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| Fulfillment Eligible |
N/A
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| Technical Requirements |
Click Here |
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Notes
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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)
- Since this course is less than 30 minutes, no CLPs are assigned. To receive CLP credit, students should bundle the completion of this and similar courses together and apply to their supervisor for CLP approval.
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