Course

Course Summary
Credit Type:
Course
ACE ID:
DAU-0287
Organization's ID:
CMC 200
Organization:
Defense Acquisition University
Location:
Classroom-based
Length:
7 days (45 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 Business Administration, Management or Contract Administration
Description

Objective:

The course objective is to present journeyman concepts and principles for administering government financing payments to finance contract performance in accordance with DCMA policy and government regulations. The goal of the course is to enable students to achieve reduction to practice in applying contract fees, finance and payments policies and procedures in compliance with regulations, relevant contract information, and tools and applications for the contract administration team.

Learning Outcomes:

  • Given a government fixed-price-incentive contract and/or modification(s) to a government contract, apply incentive fee requirements as needed
  • Given a government contract and/or modifications with interim financing through progress payments based on cost, correctly apply progress payment requirements as needed
  • Given a government contract and/or modification(s) with interim financing through performance-based payments, correctly apply performance-based payment requirements as needed
  • Given government fixed-price contracts, including fixed-price award-fee and fixed-price-incentive, and/or modification(s), correctly apply fixed-price contract payment and finance requirements as needed
  • Given a government cost-reimbursement contract and/or modification(s), correctly apply cost contract payment and finance requirements as needed
  • Given a government time and material or labor hour contract and/or modification(s), correctly apply time and material and labor hour requirements as needed
  • Given a government Cost-Plus-Fixed-Fee (CPFF) contract and/or modification(s) with fixed-fee financing requirements, correctly apply fixed-fee requirements as needed
  • Given a government cost-plus-incentive-fee contract and/or modification(s), correctly apply incentive fee requirements as needed
  • Given a government cost-plus-award-fee contract and/or modification(s), correctly apply award fee requirements as needed
  • Given a government contract and/or modification(s) with funding issues, correctly describe the actions necessary for reconciliation
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