CLB 029 Rates
 Description
The Rates module introduces the basics of wrap rate development as it relates to cost estimating. At the conclusion of this module, you should be familiar with and be able to describe portions of a cost estimate that require the use of wrap rate calculations. You will also be able to describe the components for building an estimate using engineering standards as well as calculate a wrap rate or Fully Burdened Labor Rate (FBLR).
Objectives
Target Attendees
Acquisition workforce members involved in assessing contractor costs
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 3 hours to complete
Additional Course Information
Delivery Mode  Continuous Learning
Equivalent Courses  None
ACE Recommended Credits  N/A
PDS Code  ZNP
Current CEU, CLP and RRP      Click here for Previous Allocation
Continuous Education Units  0
Continuous Learning Points
Reservist Retirement Points 1  
Notes
  • (Click Here) for the technical requirements for this course.
  • All exams in this course must be passed with a minimum score of 80%. You will have 2 opportunities to retake an exam in its entirety. After a 3rd failure, you will automatically be restarted in the course.
  • There is no time limit for completing this course.
  • After completing the course, please be sure to complete the survey at the end.