The government requires contracting officers to use a “structured approach” for determining the profit or fee objective in most noncompetitive acquisitions requiring cost analysis, but the Federal Acquisition Regulation (FAR) offers few specifics on how to do this. Join Dayton Aerospace Vice President, Mr. Tom Wells as he discusses the FAR’s requirements, as well as standard profit analysis methodologies, in an upcoming webinar for the National Management Contract Agency (NCMA).
In his presentation, you will learn how to:
- Apply FAR policies required to evaluate and determine appropriate amounts,
- Identify the federal agencies with established structured approaches to profit, and
- Apply the Department of Defense’s (DOD), most robust method of analysis, the Weighted Guidelines Method.