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CPE, CLE Accredited
The purpose of this course is to provide insight into the processes associated with conducting price analyses and to discuss tools and techniques that can be used when conducting such analyses.

FAR 15 requires that appropriate cost or price analyses of proposals be conducted in order to determine if those proposals present prices that are fair and reasonable.  Although FAR identifies 7 price analyses techniques that may be used, it does not discuss how to exactly to use them.  Over his 35 years of performing price analyses and teaching others how to do them, Jeff White has developed a number of innovative applications of these price analysis techniques.  This session is designed to provide the attendees with an opportunity to learn about these innovations with the expectation that they will be able to use these approaches themselves.
  • Overview Price Analysis Process 
  • Review of Sample Price Analyses
  • Applicable Laws and Regulations
  • Price Analysis Techniques
  • Applicable Internal Procedures
  • Definition of Competition
  • Definition of a Price Analysis
  • Writing Procurement Summaries
  • Documenting Market Research 
  • Sources of Information
  • Market Research in Price Reasonableness 
  • Supporting Documentation Requirements - Price Analyses

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
  • Randy Shelby
    VP of Customer Success, J.A. White & Associates
    Mr. Shelby has over nineteen years of Government Contracting experience at the Defense Contract Management Agency (DCMA).

    With a focus on Contractor Purchasing System Reviews (CPSR) for the last thirteen years, Randy conducted CPSR's as a procurement analyst, managed CPSR teams, and oversaw hundreds of CPSR's as a supervisory procurement analyst.

    While at DCMA, Shelby worked as Team Lead to develop policies, standard operating procedures, templates, and data collection tools used in every CPSR conducted by the agency.

    Randy co-created the “New CPSR Process” which encourages contractors to correct their deficiencies in the early stages of the purchasing system process. DCMA considered Randy a leading CPSR expert and relied on him to share knowledge at government industry events and other DoD agencies.

    As a noted guest speaker, Randy shared expertise at NCMA's World Congress, SubCon, and Government Contract Symposiums. Randy also delivered CPSR presentations for Federal Publications Seminars (FPS), NAVSEA, the Army, and the Air Force.
  • Jeffery White
    CEO and Founder, J.A. White & Associates
    Jeffery White is Founder and CEO of J.A. White & Associates Inc. A leading industry firm in Federal Contracting and Compliance consulting offering a tailored line of advisory services to clients.

    With over 38 years of experience in both the private and public sectors, White's expertise has led his firm to have an unprecedented 100% approval rate of Contractor Purchasing System Reviews (CPSR) and other Business System assessments.

    The design of document automation, CPSR ProDocs, was spearheaded by visionary, Jeffery White. Used by small and large government contractors, the software streamlines the Procurement workflow process by leveraging a company’s existing enterprise platform and automates compliance-related Procurement file documentation. A company's benefits may include cost savings, 100% accuracy, increased CPSR success, error reduction and lead time reduction. White’s clients currently include government agencies, prime contractors, and subcontractors across the United States, Europe, and the Middle East.

    White is a noted U.S. and International speaker for the Institute for Supply Management (formerly NAPM), the National Institute of Governmental Purchasing (NIGP), the National Contract Management Association (NCMA), and other Procurement organizations.
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