Program Details
On Demand

Types of Contracts and Subcontracts

Content Partner:  Federal Publications Seminars
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Price: $135.00*
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Your company has a contract with a U.S. Government agency.  Under this prime contract, you must place orders for materials or services – a subcontract.  The prime contract is a cost plus award fee contract.  What type of subcontract must you issue?  How do you determine this?

Cost plus award fee? Or can you issue a cost plus fixed fee?  How about a firm fixed price subcontract or some other appropriate type of order for the type of work you are buying?  Are task orders under an ID/IQ separate contracts;  should you use a letter contract to avoid delays in authorizing work?

Learn the answers to this and to the key features of types of contracts/subcontracts and the advantages or disadvantages of each.  Look at the risks of subcontractor performance, costs, and schedule compliance while balancing the management and administration of each.

This webinar will cover the above and address questions relating to:

• How much profit can you pay a subcontractor?
• Can you use a different type of subcontract than the prime?
• Is a cost-plus-fixed-fee easier to manage and more flexible?
• What is the Government’s role in the subcontract?

Practice Areas: Government Contracting
Online Media Type: Audio
Production Date: 05/06/2010
Level: Intermediate
Category: Standard
Duration: 1 Hours, 6 Minutes
Online Format: On Demand

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Total Credits: 1
Specialty Credits: 
Status: Accredited
Expiration: N/A
Training Type: Interactive Computer-Based

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James F. Southerland - Contracts Advisory Services
This product is designed to provide information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

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