Buying "Time": The Pricing of Labor Rates

This course focuses on the price analysis of labor hours, as well as tools, tips, and tricks for conducting a well-rounded price analysis. Attendees will leave with an analysis tool developed by DCMA’s Commercial Item Group. | Self-Paced | Course | Beginner | 2 CPE/CLP | 2 Hours | $180 member/$230 non-member

 

Description:

With T&M and labor-hour contracting coming slightly back into favor, acquisition professionals are finding situations where hourly rates for services make sound business sense. With that comes the need to establish fair and reasonable pricing for hourly rates. This course focuses on the price analysis of labor-hours, as well as tools, tricks, and tips for conducting a well-rounded price analysis. Attendees will leave with an analysis tool developed by DCMA’s Commercial Item Group, which can be used as a data point in the price analysis process.

Intended Audience: Government contractors, contract specialists, contracting buyers and sellers

Level of Difficulty: Beginner

Learning Objectives:

  1. Perform price analysis on time-and-materials and labor-hour contracts.
  2. Consider alternative methods for price analysis.
  3. Combine data points to build your decision

CMBOK Competency:

  • 3.0 - Award

Presenter:

  • Ryan Connell

Credits: 2 CPE/CLP

Cost: 

  • $180 member/ $230 non-member

Course Access:

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