Description:
Acquisition professionals play a critical role in helping achieve an agency's mission through planning, awarding, and administering contracts. Beyond the FAR, clarity and understanding of appropriations law are particularly important to acquisition professionals who sign their names to obligate funds. It’s also germane to program and project managers who plan and budget for acquisitions that span multiple fiscal years. Using cases drawn from GAO's Principles of Federal Appropriations Law (the "Red Book"), the instructor will provide essential information regarding the general principles (and key exceptions) that need to be considered when making obligation decisions during the acquisition life cycle. While the basics for federal appropriations law are the same for all government personnel, this course provides acquisition professionals a base of focused knowledge they need to understand and apply those principles most directly aligned with federal acquisition.
Duration:
2 days
Level:
Advanced
Who Should Attend?
Contracting Officers, Program and Project Managers, Contracting Officer Representatives, Contract Specialists, Procurement Analysts, Administrative Officers, and staff.
Credits:
1.2 CEU's, 16 CPE'sLearning Outcomes:
- Assess propriety of administrative decisions
- Comply with Federal Acquisition Regulation (FAR)
- Apply Comptroller General Decisions
- Assist in the obligation and payment of funds
- Properly make scope and severability decisions impacting fiscal year fund usage
- Avoid Antidefiency Act violations
No sessions scheduled
Other Recommended Courses:
- Federal Contracting: Ethics Compliance and Enforcement (ACQI7023)
- Contract and Procurement Fraud (AUDT8036)
- Introduction
- Legal framework
- Keys to funds availability:
- Purpose
- Time
- Amount
- Recording obligations
- Continuing resolutions
