Course

Course Summary
Credit Type:
Course
ACE ID:
DAU-0286
Organization's ID:
CMC 202
Location:
Classroom-based
Length:
4 days (22 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 2 Cost and Price Analysis, Financial Management, and Contract Administration
Description

Objective:

The course objective is to use topics that arise on-the-job and provide journeyman-level training on general payment support, managing unique contract funding, reducing the loss of 'at risk' canceling funds at the end of a fiscal year, contractor debt, and voluntary funds.

Learning Outcomes:

  • Given scenarios and/or case studies related to requesting general payment support from a contractor, defense finance and accounting service (DFAS), or customer, resolve the processes for assignment of claims, provision of invoice, receipt, acceptance, a
  • Given a scenario involving a military interdepartmental purchase request (MIPR) or an over and above work request (OAWR), explain how to process the effort in accordance with the appropriate federal regulation
  • Given a scenario when a contract has current fiscal year canceling funds, explain what actions are required to minimize the loss of 'at risk' canceling funds, reduce excess and/or unliquidated obligated (ULO) funds throughout the life of the contract, and when obligated funds are identified to cancel within the current fiscal year
  • Given scenarios and/or case studies related to a contractor owing the government money, explain the processes for resolving a demand for payment
  • Given the condition requiring a voluntary refund, explain what is required to process the refund
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Classroom Exercise
  • Discussion
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Case Studies
  • Examinations

Minimum Passing Score:

80%
Supplemental Materials