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CPE, CLE Accredited

This is session 1 of 2 in the Basics of Contractor Purchasing System Review virtual course.

This course was formerly named Contractors' Purchasing Systems Review and the name was changed in 2023.  

This course outlines and explains the components of a compliant Contractor Purchasing System. It provides insight into the requirements of an adequate purchasing system; the design of an effective purchasing system; the monitoring of a system; the support of government audits; and how to prepare and respond to a purchasing system review.

Coverage will include: the prime and subcontractor relationship; consent requirements; thresholds; types of contracts; advance notification requirements; contracting officer evaluations; considerations; review objectives; regulations requirements; extent of review; surveillance; approvals; responsibilities; notifications; disclosures; reports.

Learning Objectives:
Upon completion of this course you will be able to:

  • Recognize the government’s role in the review
  • Demonstrate the ability to recognize different contract types
  • Determine if a purchasing system is inadequate
  • Ability to request and perform a technical analysis
  • Determine correct clauses related to a CPSR
  • Respond to a CPSR Audit 
  • Develop a price and/or cost analysis for a CPSR
  • Demonstrate ability to flowdown clauses to subcontractors
  • Analyze related purchasing events and activities

Who should attend:
This course is designed for professionals in compliance, finance, accounting, and mid-high-level contracting positions with responsibilities related to supply chain management, purchasing, and delivery.


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

About Our Experts
  • 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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