Video Enhanced On-Line Contract Management: Contextualising US Federal Acquisition Regulations (FAR) System

HRODC Postgraduate Training Institute

£ 4,020 - (Rs 3,27,763)
VAT not incl.

Important information

  • Seminar
  • Advanced
  • Online
  • 36 hours of study
  • Duration:
    12 Days
  • When:

This course is designed for:
Executives, Directors, Contract Managers, Contract and Subcontract Administrators, Purchasing Professionals, Sales Professionals, Supply Management Professionals, Procurement Personnel, Engineering, Operational, Project and Maintenance Personnel, Supervisors and Those who want to master the skill to successfully manage contracts

Important information

Requirements: Degree or Relevant Work Experience


Where and when

Starts Location

What you'll learn on the course

Market Research
IT Management
Contract management
Contract execution
Contract distribution

Course programme

Course Contents, Concepts and Issues:

Federal Acquisition Regulations (FAR) Guidelines on Product Acquisition and Services
  • Acquisition, Defined
  • Acquisitions: FAR Applicability
  • Statement of Guiding Principles for the Federal Acquisition System
  • Acquisition Team
Contracting Methods
  • Simplified Acquisition
  • Sealed Bidding
  • Contracting by Negotiation
  • Special Contracting Methods
  • Emergency Acquisitions
Types of Contract
  • Selecting Contract Types
  • Fixed-Price Contracts
  • Cost-Reimbursement Contracts
  • Incentive Contracts
  • Indefinite Delivery contracts
  • Time-and-Material Contracts
  • Labor-Hour Contracts
  • Letter Contracts
Administrative Matters
  • Contract Execution
  • Contract Distribution
  • Contract Reporting
  • Government Contract Files
Required Sources of Supplies and Services
  • General Principles
  • Priorities for Use of Government Supply Sources
  • Use of Other Government Supply Sources
  • Contract Clause
Qualifications of Contractor
  • General Standard
  • Special Standard
Market Research
  • What is Market Research?
  • Procedure for Market Research
  • Why Conduct Market Research
  • What should be included in a Market Research?
  • Techniques for Conducting Market Research
Conflict of Interest
  • Contracts with Government Employees or Organizations Owned or Controlled By Them
Contract Financing
  • Contract Financing Payment
  • Customary Contract Financing
  • Delivery Payment
  • Invoice Payment
  • Unusual Contract Financing
  • Contract Performance in Foreign Countries
  • Consideration for Contract Financing
  • Contract Financing Payment
  • Non-Commercial Item Purchase Financing
  • Commercial Item Purchase Financing
Contract Management
  • Contract Administration and Audit Services
  • Contract Modifications
  • Subcontracting Policies and Procedures
  • Government Property
  • Quality Assurance
  • Transportation
  • Value Engineering
  • Terminating Contracts

Additional information

HRODC Postgraduate Training Institute is registered with the UK Registry of Learning Providers (UKRLP) of the Department for Business, Innovation and Skills (BIS), formerly Department of Innovation, Universities and Skills (DIUS). Its registration number is 10019585 and can be verified at