Federal Acquisition Regulation (FAR) & Defense Contract Audit Agency (DCAA) Compliance Workshop

Wednesday, July 17, 2019

8:00 AM to 3:30 PM

The Woodlands Inn

1073 PA-315, Wilkes-Barre, PA 18702

Overview:

The Federal Acquisition Regulation (FAR) directly affects the purchase and sale of over $200 Billion worth of supplies, services, and construction each year by federal procurement offices. It is the principal set of rules containing policies and procedures governing the acquisition activity of the federal government. It applies to all federal executive agencies in their acquisition of supplies and services.

The purpose of the FAR is to ensure purchasing procedures are standard, consistent, and conducted in a fair and impartial manner. FAR regulations govern three phases of the acquisition process: acquisition planning; contract formulation; and contract administration.

The FAR document is comprehensive, complex, and continually changing. Small businesses pursuing or awarded government contracts need to have a working knowledge of the FAR to ensure they are getting the best possible contract and are in full compliance with all applicable laws.

FAR clauses are included in all federal government solicitations. In order to be awarded a contract, bidders must either comply with these provisions, demonstrate they will be able to comply at the time of award or claim exemption from them.

Therefore, to do business with the federal government, small businesses need to understand these regulations.

Synopsis:

This Workshop is designed to address FAR challenges in a highly practical and user-friendly way. The instructor and attendees will work through practical exercises to demonstrate how to work with the FAR. Attendees will develop skills to apply the FAR to their current and future acquisition situation(s). The Workshop will distinguish between sections of the FAR which are mandatory, and those allowing the parties to structure the contract to fit the situation.

Agenda:

• Overview of Federal Acquisition Regulations
• Definitions of Commonly Used Terminology
• History and Importance of the Defense Contract Audit Agency (DCAA)
• Explanation of the Pre-Award Survey
• Steps to Prepare for an On-site Audit by DCAA
• Required Policies and Procedures

Presenter:

Dr. W. Nick Cline, Principal at DCAA Consulting & Accounting Worldwide Inc.  has worked in the private, public, educational, and health care systems after retiring from the United States Army Finance & Accounting Corps, where he was stationed in Germany, South Korea, Vietnam, and Japan. DCAA Consulting & Accounting Worldwide Inc serves clients throughout the United States and in overseas markets.

CPE Credits:

DCAA Consulting & Accounting Worldwide Inc, is registered with the National Association of State Boards of Accountancy as a sponsor of continuing education on the National Registry of CPE Sponsors, State Boards of Accountancy have the final authority on the acceptance of individual courses for CPE credit. Participants in this live group Workshop can earn up to 3 Total CPE Credits in Governmental Accounting.

 Registration will be from 8:00 a.m. to 8:30 a.m. The workshop will start promptly at 8:30 a.m.

There is no cost to attend this event, but space will be limited to the first 25 registrants

 

Register Now! 

Funded by:

This Procurement Technical Assistance Center (PTAC) is funded in part through a cooperative agreement with the Defense Logistics Agency, Appalachian Regional Commission and the Pennsylvania Department of Community and Economic Development.