Please note: Virtual Courses are NOT included in an FPSOnline Professional Subscription. You can upgrade to an FPSOnline Premium This is a 4-session concentrated virtual course on how to understand and use the Federal Acquisition Regulation in your daily contracting activities including in-depth analysis of the FAR system, the key contract clauses and contract forms. Provides comprehensive coverage of the FAR for new users and an advanced treatment of specific issues for experienced contract professionals. Course includes an explanation and demonstration of how to use the FAR online for research, reference, and updating.

This virtual course is designed to address these challenges in a highly practical and user-friendly way. The instructor and students will work through practical exercises specifically designed to demonstrate how to work with the FAR. Students will develop and refine the skills necessary to apply the FAR to virtually any acquisition situation. The FAR provides considerable flexibility in many aspects of federal procurement. Often, however, buyers and sellers are unfamiliar with the range of discretion in the FAR. This virtual course will distinguish between those sections of the FAR that are mandatory and those that allow the parties to structure the contract to fit the situation.

The virtual course will also cover court and board decisions that have interpreted the most important FAR clauses. Such knowledge can provide a significant business advantage to those who understand how a particular FAR clause is likely to be interpreted in litigation. Since most users of the FAR access it through their computers, this course will include a computer demonstration of various techniques for searching and updating the FAR.

Learning Objectives
After completing this course, you will be able to:

• Apply FAR Clauses to Contracts
• Correctly use applicable forms for acquisition
• Cite various sections of the FAR
• Understand the Federal Acquisition Regulation Clauses, the FAR regulation System and roles of the Contracting Officer
• Understand key terms and definitions 
• Determine Conflicts of Interest
• How contracts are advertised and awarded
• Understand various contract vehicles
• How to keep up with changing regulations