In response to prior year NDAAs, the DCMA formed the Commercial Item Group (CIG) in 2016 to satisfy congressional intent. One of the primary purposes of the CIG is to scrutinize and evaluate the Commercial Item Determinations (CID) generated by contractors.
Many contractors believe determining a product or service as a commercial item was as simple as checking a box on a form and filing it away. However, the DMCA and its CIG analysts have an ever-increasing focus on the “adequacy” of the supporting CID documentation.
As a contractor in today’s environment, if you fail to adequately analyze and support your CIDs, you may be determined to have a significant deficiency in your CID process and practice which could lead to a disapproved purchasing system and trigger additional audits of your business systems.
This virtual course will provide attendees with a detailed understanding of the CID process and our experts will help advise attendees on the most successful strategies, methodologies, and lessons learned to assist in bulletproofing your CIDs.
What you will learn:
- How to determine a product or service is a commercial item
- Understand the supporting documentation for commercial item classification
- How to avoid deficiencies in CID
- Properly documenting commercial item practices
- Developing adequate analysis supporting your claim
This live virtual course is eligible for both CLE and CPE credit.
NOTE: CPE/CLE credit for attendees are subject to participation and approval by the governing boards.
NASBA CPE ACCREDITATION INFORMATION
Learning Level: Beginner
Prerequisites: None
Field of Study: Specialized Knowledge
Delivery Method: Group Internet Based
For more information regarding administrative policies such as refunds, cancellations and complaints, please contact Federal Publications Seminars at 888.494.3696.
West Professional Development is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.