- This event has passed.
GOVOLOGY: How to Justify Increased Profit/Fee Under DoD Contracts Requiring Certified Cost or Pricing Data
March 4 @ 1:00 pm - 2:00 pm
USE CODE 52VBOCR20 WHEN YOU REGISTER!
This webinar provides critical insights into the Department of Defense (DoD)’s profit policies and how businesses can justify and negotiate a higher profit or fees on DoD contracts and contract modifications that require the submission of certified cost or pricing data under Federal Acquisition Regulation (FAR) 15.403-4.
Many businesses are unaware that the government’s pre-negotiation profit objectives, developed using the Weighted Guidelines method, can vary significantly depending on the underlying assumptions and values used. Furthermore, some businesses do not realize that they can negotiate a higher profit or fee. As a result, they may unknowingly accept the Government’s proposed profit rate on contracts with higher-than-normal performance risk that warrant a higher profit.
In this webinar, you will learn how to develop effective strategies that can be used to negotiate higher profit or fee positions that are fully justified under DoD’s weighted guidelines (profit) method application.