This class is eligible for CLE Passport use. You will be able to select the CLE Passport as your payment method for no additional cost when registering for this course.Credits: 3.0 Credit Hours
Description: The federal government is unlike any other customer that a company can have. Not only must contracts with the federal government contain specific clauses promulgated as regulations, but those clauses provide the federal government with rights that would be labeled “breach” in commercial contracts. Moreover, companies doing business with the federal government must be prepared to face audits, investigations, and allegations of fraud.Join us as our knowledgeable and experienced presenter provides a basic overview of the top ten major issues every practitioner needs to know. Among the topics he will discuss are:
- The significance of doing business on federal government money
- An overview of the Federal Acquisition Regulation
- The significance of contract types: cost type v. fixed price type
- Specific requirements for accounting, estimating and pricing, ethics, subcontracts, conflicts of interest, recordkeeping, changes, and terminations
- Contract and subcontract modifications
- The role of the federal government contracting officer
- Contract closing
- Auditors, inspectors general, and prosecutors
- The significance of legislative and regulatory developments.
This class is a must for those who engage with, or act of behalf of, the federal government in contracting matters.
Faculty:
Edmund M. Amorosi, Haynes and Boone LLP