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3 hours

This is session 4 of 4 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.

 NOTE: On-Demand Virtual Course sessions are not eligible for CLE/CPE credits.

About Our Experts
  • Mike Carter
    Director, Capital Edge Consulting
    Michael is a Director at Capital Edge Consulting, Inc. and a member of the firm’s CPSR Compliance Practice. He is an expert in the Defense Contract Management Agency (DCMA) Contractor Purchasing System Review (CPSR) process.

    Michael’s areas of expertise include contractor business systems compliance, with an emphasis in DCMA CPSR readiness, execution, and compliance. He is also versed in FAR and DFAR regulations, DCMA processes and procedures pertaining to purchasing system reviews and contract administration, Cost Accounting Standards (CAS), Earned Value Management Systems (EVMS), proposal analysis and evaluation, cost modeling and estimating, forward pricing rate recommendations (FPRR) and agreements (FPRA), and he is fluent in Spanish. Michael has experience conducting CPSR-related training to DCMA CPSR Group procurement analysts as well as to dozens of Federal contractors.
    As a DCMA CPSR Procurement Analyst, Michael was the “Team lead” for nearly 15 DCMA CPSRs in the last 3 years and served as the procurement analyst in nearly 15 additional reviews during the same time period. Michael was one of the few procurement analysts with experience in reviewing small business concerns and Ability One contractors. His experience covers a complete spectrum of contractors from A&E service providers to foreign manufacturing firms.

    During his tenure as a DCMA CPSR Group Procurement Analyst, Michael developed a tool for use by all CPSR Group procurement analysts (for all four CPSR Teams) in performing CPSRs. Also, Michael developed a tool that all DCMA Administrative Contracting Officers (ACO) are currently required to use in their annual surveillance of contractor purchasing systems responsibilities. Michael was personally selected by the DCMA CPSR Director to represent the Phoenix CPSR Team at the National Contract Management Association (NCMA) World Congress (2015).

    Prior to his time with the DCMA CPSR Group (Phoenix), he was a DCMA ACO and managed all activities related to Base Life Support on three US Military and US State Department installations in Iraq. Michael was responsible for approving or denying all work requests in accordance with US Government contracts, and managed all aspects of Government Prime Contract Administration with contracts in excess of $3.1 billion. He assisted DCMA Cost/Price Analysts in proposal analysis and evaluation cost modeling and estimating, forward pricing rate recommendations (FPRR) and agreements (FPRA), Cost Accounting Standards (CAS) allocation of allowable and accounting for unallowable costs, and administered contracts for DCMA with the largest aircraft manufacturer in the world.
    Michael graduated from Arizona State University, WP Carey School of Business with a Bachelor of Science in Finance and a certificate in International Business Studies. He also earned a Level II Career Field Certification in Contracting from the Defense Acquisition University.
  • 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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