This seminar is for manufacturing companies that want to do business with the Federal Government and those companies already engaged in Federal Government contracts. As a manufacturer, you already have the right tools to produce a quality product. To be successful in federal government contracting, you also need the right tools. Being duly informed of the FAR regulations governing the contracts, knowing how to keep FAR compliant accounting records and being prepared for a DCAA audit are crucial for success. Attendees will learn the different contracting methods and contract types, what FAR Part 12 means and its importance, cost accounting concepts, how to allocate expenses and be compliant, and how to survive a DCAA audit. Included in the presentation is how the government procurement process works, developing indirect costing rates, how to prepare a contract proposal, structuring a FAR compliant chart of accounts, and commercial contracts versus non-commercial contracts. This seminar is sponsored by the Economic Growth Connection Defense Procurement Assistance Center in partnership with the Small Business Development Center’s Center for Global Competitiveness and co-sponsored by the Kennametal Center for Operational Excellence.

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