Unless specified otherwise, each day of this Virtual Course will include a lunch break from 1:00 to 2:00 p.m. ET. 

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.
Have questions on how to participate in an FPS Virtual Course? Click here for more information.