Workforce flexibility impacts an organization's facility occupancy, management, and cost recovery. Given these changes in the workplace, contractors are seeing increased scrutiny on facilities management and utilization. Often, the scrutiny results in questioned costs in their final rate submissions under FAR 31.205-17- Idle facilities and idle capacity and FAR Part 31.201-3, reasonableness. Documentation is key to demonstrating mitigation strategies undertaken by the contractor and optimizing cost allowability. In this session, participants will become familiar with the requirements and common mitigation approaches to facility compliance with the contract cost principles.

In this one-hour virtual session, participants will gain insights into emerging trends and recent legislative changes reshaping the federal contracting and subcontracting landscape. We will explore the relevance of DOGE, break down the implications of the FoRGED Act, and highlight key updates to federal compliance standards. Finally, participants will learn proven strategies for streamlining acquisition processes and staying ahead of evolving requirements. This course will equip you with the knowledge and identify tools to help you navigate this new era of federal procurement.

The session provides guidance on how to navigate a DCMA Contractor Purchasing System Review (CPSR). The webinar takes participants through the myriad of compliance requirements and DCMA's expectations for an adequate purchasing system. This course emphasizes the practical realities of successfully navigating a CPSR by offering tips and tricks to get out in front of review findings, managing relationships with your DCMA review team, avoiding common pitfalls, and facilitating timely corrective action if adverse findings surface. Learning Objectives:  High-level overview of purchasing system requirements  Common policy & procedure and documentation expectations  Common DCMA data requests to expect and the rationale behind them  Sensitive areas and common contractor pitfalls during CPSR  Tips and tricks to get in front of potential findings and facilitate timely corrective action