Webinar Description: FAR 15.404-1(b) describes market research as one of the several methods that can be used to conduct price analysis for commercial and non-commercial items, but the FAR does not provide any specific strategies or techniques to implement this method effectively. Discover potential market sources of pricing information and learn techniques to evaluate and adjust market prices to make meaningful comparisons and reach supportable price analysis conclusions.
Presenter: Thomas S. Wells, CFCM, Vice President, Dayton Aerospace Inc.
Credits: Participants earn 1.5 CPE/CLP credits for attendance at each webinar.
- Understand FAR policies regarding market research and price analysis.
- Identify potential market sources which provide price-related information.
- Review how to evaluate and adjust market price information to make meaningful comparisons
CMBOK Competencies: 2.2, â€œFinancial Managementâ€; 4.1.4., â€œMarket Researchâ€; 4.4.3, â€œCost or Pricingâ€; 5.1.1, â€œPrice Analysisâ€; 5.1.2, â€œCost Analysisâ€
Connectivity Requirements - Webinars are presented via Adobe Connect services. Requirements to attend virtual session on various devices can be found here.
Level of Difficutly: Intermediate
Intended Audience: Government contract negotiators and industry contract professionals.
Cost: $50 per NCMA member/$63 non-member. NCMA is providing individual, rather than site-based, pricing for this webinar in support of social distancing. To register a group, email firstname.lastname@example.org with the company name, webinar date, and number of attendees.