This session focuses on the prevailing wage and apprenticeship requirements reflected in the IRS IRA tax credit. Commercial companies with limited or no experience receiving federal funds (i.e., have never operated as a government contractor) are being faced with strict rules that govern employee pay and benefits associated with IRA tax credits. These rules require increased process controls and record retention procedures. This session outlines the requirements associated with the prevailing wage and apprenticeship programs and reviews the differences between these requirements and the Davis Bacon and Related Act regulation. This session also covers establishing compliant practices, as well as best practices and common problems with monitoring ongoing compliance. Learning Objectives: By the end of this session, attendees will be able to:  Know the basic requirements associated with prevailing wage and apprenticeship programs  Understand the differences between prevailing wage / apprenticeship programs and the Davis Bacon and Related Acts  Learn how to establish compliant practices utilizing your Company's people, processes, and technology  Recognize how to monitor and track ongoing compliance with the requirements, including techniques for monitoring subcontractor compliance

FAR Part 12 regulates commercial item acquisition. Selling a commercial item to the Federal Government sounds easy right? Wrong. The Federal Government wants to make sure it is getting a fair and reasonable price and ensure it is a commercially available item. This session will cover what determines an item or service to be commercial and how to effectively support price reasonableness. Learning Objectives: By the end of the webinar you should be able to:  Identify commercial items and commercially available off-the-shelf (COTS) items;  Determine how to classify an item as commercial and document commercial items with an adequate commercial item determination (CID);  Support price reasonableness with the appropriate method of analysis (price or cost); and  Understand the DCMA Commercial Item Group's role in the federal acquisition process.