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DEFENSE ACQUISTION UNIVERSITY CLASS SHARE OF THE DAY
* I JUST COMPLETED THIS CLASS 27-31 JUL, NEVER A DULL DAY*
DEFENSE ACQUISITION UNIVERSITY
CMC 232 - Final Indirect Cost Rates
Course Learning/Performance Objectives followed by its enabling learning objectives on separate lines if specified.
1
Identify core knowledge associated with establishing Final Indirect Cost Rates.
Identify terms, definitions, and regulations associated with Final Indirect Cost Rates.
Recall roles associated with Final Indirect Cost Rates including authority structure.
Identify the major actions associated with establishing Final Indirect Cost Rates.
Identify the structure and critical success factors of a Pre-Negotiation Objective Memorandum and a Price Negotiation Memorandum.
Identify how the Core Knowledge factors of Establishing Final Indirect Cost Rates relate to the Administrative Contracting Officer or Contract Price/Cost Analyst role on the job.
2
Using the Defense Contract Audit Agency (DCAA) checklist and Federal Acquisition Regulation (FAR) guidance, determine the adequacy of a given Contractor Incurred Cost Proposal.
Identify contracts requiring submission of a certified Final Indirect Cost Rate Proposal (FICRP).
Identify what to do when a Final Indirect Cost Rate Proposal is not received.
Identify if the Administrative Contracting Officer/Cost/Price Analyst or the auditor determines adequacy.
Using the Defense Contract Audit Agency (DCAA) checklist and Federal Acquisition Regulation (FAR) guidance, determine if a Final Indirect Cost Rate Proposal (FICRP) is adequate.
3
Identify whether a Low-Risk Adequacy Review Memo is acceptable.
Identify the circumstances where Defense Contract Audit Agency auditors and Administrative Contracting Officers/Cost/Price Analyst recommend a Low-Risk Adequacy Review memo.
Identify the sources used to determine whether a Low-Risk Adequacy Review Memo (L-RARM) is acceptable.
Identify when to settle rates for a Low-Risk Adequacy Review Memo.
Identify how to settle rates for a Low-Risk Adequacy Review Memo.
Identify where to distribute and where to document the settled Final Indirect Cost Rates.
4
Perform a review of an audit report for items that might impact the negotiation position of the Pre-Negotiation Objective Memorandum.
Develop relevant sections of a Pre-Negotiation Objective Memorandum using a template.
Identify what to include in a memo to request an audit report.
Identify all audit findings in an audit report.
Identify how to assess audit findings in the Pre-Negotiation Objective Memorandum (PNOM).
Identify how to develop the Pre-Negotiation Objective Memorandum (PNOM) using the template found on the resource page of DCMA-INST 125.
Identify how to prepare for the negotiation.
Discuss the negotiation, communication, and writing tips that lead to a successful outcome.
5
Identify the key actions on the Price Negotiation Memorandum required to establish tentative Final Indirect Cost Rates.
Compare and contrast the requirements of the Price-Negotiation Objective Memorandum and the Price Negotiation Memorandum.
Identify what to include in the Price Negotiation Memorandum.
Given a Case Study: Discuss the key actions required to establish tentative Final Indirect Cost Rates.
Identify the elements required in a rate agreement document.
6
Identify the circumstances under which Quick Closeout Rates are established.
Identify the requirements to assess a penalty.
Identify what to include in a risk assessment document to justify the use of the Quick Closeout Procedures.
Compare and contrast the differences between FAR 42.708 and the Defense Contract Management Agency Quick Closeout Class Deviation.
Identify special factors to consider when using Quick Closeout Procedures where multiple business segments are involved.
Identify where to find a list of expressly unallowable costs.
Identify where to find resources to complete the Notice of Intent to Disallow Costs, Form 1.
Identify how to assess a penalty.
7
Recall documentation tips for each step of the settlement process.
Identify how to maintain rate settlement documents and penalty assessment letters in contract files.
Recall the structure and documentation tips of each eTool.
* I JUST COMPLETED THIS CLASS 27-31 JUL, NEVER A DULL DAY*
DEFENSE ACQUISITION UNIVERSITY
CMC 232 - Final Indirect Cost Rates
Course Learning/Performance Objectives followed by its enabling learning objectives on separate lines if specified.
1
Identify core knowledge associated with establishing Final Indirect Cost Rates.
Identify terms, definitions, and regulations associated with Final Indirect Cost Rates.
Recall roles associated with Final Indirect Cost Rates including authority structure.
Identify the major actions associated with establishing Final Indirect Cost Rates.
Identify the structure and critical success factors of a Pre-Negotiation Objective Memorandum and a Price Negotiation Memorandum.
Identify how the Core Knowledge factors of Establishing Final Indirect Cost Rates relate to the Administrative Contracting Officer or Contract Price/Cost Analyst role on the job.
2
Using the Defense Contract Audit Agency (DCAA) checklist and Federal Acquisition Regulation (FAR) guidance, determine the adequacy of a given Contractor Incurred Cost Proposal.
Identify contracts requiring submission of a certified Final Indirect Cost Rate Proposal (FICRP).
Identify what to do when a Final Indirect Cost Rate Proposal is not received.
Identify if the Administrative Contracting Officer/Cost/Price Analyst or the auditor determines adequacy.
Using the Defense Contract Audit Agency (DCAA) checklist and Federal Acquisition Regulation (FAR) guidance, determine if a Final Indirect Cost Rate Proposal (FICRP) is adequate.
3
Identify whether a Low-Risk Adequacy Review Memo is acceptable.
Identify the circumstances where Defense Contract Audit Agency auditors and Administrative Contracting Officers/Cost/Price Analyst recommend a Low-Risk Adequacy Review memo.
Identify the sources used to determine whether a Low-Risk Adequacy Review Memo (L-RARM) is acceptable.
Identify when to settle rates for a Low-Risk Adequacy Review Memo.
Identify how to settle rates for a Low-Risk Adequacy Review Memo.
Identify where to distribute and where to document the settled Final Indirect Cost Rates.
4
Perform a review of an audit report for items that might impact the negotiation position of the Pre-Negotiation Objective Memorandum.
Develop relevant sections of a Pre-Negotiation Objective Memorandum using a template.
Identify what to include in a memo to request an audit report.
Identify all audit findings in an audit report.
Identify how to assess audit findings in the Pre-Negotiation Objective Memorandum (PNOM).
Identify how to develop the Pre-Negotiation Objective Memorandum (PNOM) using the template found on the resource page of DCMA-INST 125.
Identify how to prepare for the negotiation.
Discuss the negotiation, communication, and writing tips that lead to a successful outcome.
5
Identify the key actions on the Price Negotiation Memorandum required to establish tentative Final Indirect Cost Rates.
Compare and contrast the requirements of the Price-Negotiation Objective Memorandum and the Price Negotiation Memorandum.
Identify what to include in the Price Negotiation Memorandum.
Given a Case Study: Discuss the key actions required to establish tentative Final Indirect Cost Rates.
Identify the elements required in a rate agreement document.
6
Identify the circumstances under which Quick Closeout Rates are established.
Identify the requirements to assess a penalty.
Identify what to include in a risk assessment document to justify the use of the Quick Closeout Procedures.
Compare and contrast the differences between FAR 42.708 and the Defense Contract Management Agency Quick Closeout Class Deviation.
Identify special factors to consider when using Quick Closeout Procedures where multiple business segments are involved.
Identify where to find a list of expressly unallowable costs.
Identify where to find resources to complete the Notice of Intent to Disallow Costs, Form 1.
Identify how to assess a penalty.
7
Recall documentation tips for each step of the settlement process.
Identify how to maintain rate settlement documents and penalty assessment letters in contract files.
Recall the structure and documentation tips of each eTool.
Edited >1 y ago
Posted >1 y ago
Responses: 5
SFC Joe S. Davis Jr., MSM, DSL
SSG Michael Noll thanks Brother Michael, I appreciate it, you have a sweet, sweet spirit about you and I can feel it Brother Michael.
SPC Margaret Higgins Maj Marty Hogan COL Mikel J. Burroughs CPL Dave Hoover Lt Col Charlie Brown Lt Col John (Jack) Christensen SCPO Morris Ramsey TSgt Joe C. PVT Mark Zehner Sgt (Join to see) ] SSG Robert Mark Odom CPL Douglas Chrysler PO1 Tony Holland SGT Steve McFarland SPC Mark Huddleston CW5 Jack Cardwell PO3 Phyllis Maynard SGT Mark Anderson SPC Nancy Greene
SPC Margaret Higgins Maj Marty Hogan COL Mikel J. Burroughs CPL Dave Hoover Lt Col Charlie Brown Lt Col John (Jack) Christensen SCPO Morris Ramsey TSgt Joe C. PVT Mark Zehner Sgt (Join to see) ] SSG Robert Mark Odom CPL Douglas Chrysler PO1 Tony Holland SGT Steve McFarland SPC Mark Huddleston CW5 Jack Cardwell PO3 Phyllis Maynard SGT Mark Anderson SPC Nancy Greene
(9)
(0)
SFC Joe S. Davis Jr., MSM, DSL
Sgt (Join to see) Brother Kerry I have said it more than once and I will say it again, "there is a sweet, sweet spirit about you" thank you my friend!!
SPC Margaret Higgins Maj Marty Hogan COL Mikel J. Burroughs CPL Dave Hoover Lt Col Charlie Brown Lt Col John (Jack) Christensen SCPO Morris Ramsey TSgt Joe C. PVT Mark Zehner SSG Michael Noll SSG Robert Mark Odom CPL Douglas Chrysler PO1 Tony Holland SGT Steve McFarland SPC Mark Huddleston CW5 Jack Cardwell PO3 Phyllis Maynard SGT Mark Anderson SPC Nancy Greene
SPC Margaret Higgins Maj Marty Hogan COL Mikel J. Burroughs CPL Dave Hoover Lt Col Charlie Brown Lt Col John (Jack) Christensen SCPO Morris Ramsey TSgt Joe C. PVT Mark Zehner SSG Michael Noll SSG Robert Mark Odom CPL Douglas Chrysler PO1 Tony Holland SGT Steve McFarland SPC Mark Huddleston CW5 Jack Cardwell PO3 Phyllis Maynard SGT Mark Anderson SPC Nancy Greene
(7)
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