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.