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Avoiding Commercial Item Deficiencies Virtual - Fe...
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Live Session
Avoiding Commercial Item Deficiencies - Live Virtual Course February 2025
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Topics
Accounting, Costs and Pricing
Advanced Topics
Artificial Intelligence
Business Development
Compliance
Construction Contracting
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FAR
Government Contracting
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International Contracting
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Dates
September 2024
October 2024
November 2024
December 2024
January 2025
February 2025
March 2025
Roles
Accountant
Auditor
CFO
Contract Administrator
Counsel
Director of Contracts
New to Government Contracting
Contract Manager
Procurement Officer
Sales and Business Development
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Grants Administrator
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Earn CLE/CPEs
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CPE, CLE Accredited
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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
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About Our Experts
Chad Braley
CEO and National Managing Partner, Capital Edge Consulting
Chad Braley is the Chief Executive Officer and Founder of Capital Edge Consulting, Inc. Since its inception, Capital Edge has grown into the country’s leading firm, focusing solely on serving both foreign and domestic contractors who do business with the US Government.
Chad’s areas of expertise include the Cost Accounting Standards (CAS), Federal Acquisition Regulations (FAR), agency supplement regulations, Contractor Accounting, Purchasing, Estimating, MMAS, and EVM Business Systems, Truth in Negotiations Act, government accounting requirements Incurred Cost Submissions (ICS), DCAA Audits support and preparation, other regulatory non-compliance support, Terminations, Requests for Equitable Adjustment (REA), ERP systems and risk mitigation.
Chad graduated from the Williams School of Commerce at Washington and Lee University with a Bachelor of Science in Commerce, with a major in Business Administration.
Stephen "Chase" Kunk
Managing Partner, Capital Edge Consulting
Stephen “Chase” Kunk is a Managing Partner Capital Edge Consulting, Inc. Chase specializes in U.S. Government contract and subcontract negotiations, administration, management and purchasing system compliance. His expertise stems from his legal education, former certification as a National Football League contract advisor to professional athletes, and in-depth experience as a contracts and procurement administration manager for an international contractor serving Department of Defense (DoD), Intelligence Community (IC) and civilian agency customers. Chase’s support to Capital Edge Consulting clients is predominantly in the areas of contract and subcontract administration, purchasing system compliance and Contractor Purchasing System Review (CPSR) readiness and risk mitigation. He also leads all contract and subcontract negotiation and administration for Capital Edge Consulting’s internal business operations.
Stephen holds a B.A in Communications from Purdue University and a J.D. (cum laude) from Western Michigan University, Thomas M. Cooley Law School.
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