Cost-Plus-Fixed-Fee (CPFF) Contracts – Fee Not as Fixed as the Name Suggests (2024 Update)
Format: Live webinar (on-demand recording available on June 13, 2024)
Date: June 4, 2024
Time: 1:00 p.m. EDT
Duration: Approx. 90 minutes
Instructor: Jeff Cuskey, CPCM, CFCM, CSCM, CPP, GOVCON Consulting & Expert Witness Services
Learning Credits: 1.5 CPEs, 1.5 ATCs
*Your registration includes access to the on-demand recording.
This course provides insight into the mechanics of CPFF Completion and CPFF Term (Level of Effort) contracts and how to negotiate more favorable CPFF pricing arrangements.
Here is a summary of what you’ll learn:
- What every contractor should know about contract types
- Factors affecting the government’s contract type selection
- The major differences between Fixed-Price and Cost-Reimbursement contracts
- The criteria for the use of CPFF contracts, regulatory limitations, contract elements, and typical applications in federal government contracts
- The Contractor’s performance obligations under CPFF contracts
- Potential alternatives to a CPFF contract
- The Mechanics of CPFF Completion and CPFF Term Contracts
- How to negotiate more favorable CPFF pricing arrangements and potentially increase your company’s profitability
Target audience: New and seasoned government contractors that perform cutting-edge research, receive Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Program Phase II awards, and undertake high-risk development and test projects for Federal Agencies and the Department of Defense.
Speaker
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Jeff CuskeySenior Procurement Counselor & Founder, GOVCON Consulting & Expert Witness ServicesJeff Cuskey has over 34 years of experience in federal and defense acquisition and contracting. He is a nationally known government procurement consultant, speaker, Small Business Innovation Research (SBIR) Program and Defense Contracting expert witness, and two-time Association of Procurement Technical Assistance Centers (APTAC) Economic Impact Award recipient. Over his extensive professional career, he has provided contracting advice to thousands of clients, covering a broad range of complex government contracting topics and issues. While serving in the U.S. Navy, Jeff held various leadership, acquisition, and contracting positions, including assignments as the Navy’s multi-billion-dollar F/A-18 Strike Fighter Program Business Financial Manager (CFO) and F/A-18E/F Super Hornet Deputy Contracting Officer. After retiring from the Navy at the rank of Commander, he taught defense-focused MBA acquisition and contracting, fiscal law and regulations, and program management courses at the Naval Postgraduate School (NPS), Monterey, CA. Jeff has an MS degree in Acquisition and Contract Management from NPS and is a Certified Professional Contracts Manager (CPCM), Certified Federal Contracts Manager (CFCM), Certified Schedules Contracts Manager (CSCM), and Certified Procurement Professional (CPP). In 2020 APTAC recognized Jeff as its Betty McDonald Outstanding Member Achievement Awardee for his significant contributions and deep commitment not just to the procurement profession but also to the APTAC organization, its members, and his supported large and small business contracting clients.
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