Navigating Commerciality Determinations in Federal Contracts Training Webinar
This event qualifies for 5 CPEs
Overview
This comprehensive course will provide attendees with an understanding of the Federal contract requirement for the use of commercial products and services, as well as documentation necessary to support compliance. Participants will gain insight into the regulatory landscape that drives these expectations, with a focus on the applicable FAR provisions and recent updates. The course will address the steps and documentation necessary to support commercial item determinations, dispel common myths and misconceptions, and provide practical tools for conducting effective market research. Attendees will also explore the roles and responsibilities of buyers, suppliers, and contracting officers in the commerciality process and learn how to navigate the often-challenging process of securing agreement on a commercial item designation.
Learning Objectives
At the completion of this course participants will be able to:
- Identify the benefits of buying and supplying commercial products and services
- Understand the numerous myths about commerciality
- Identify the key players in the process to get to commerciality
- Understand the key role market research plays in the commerciality process
- Identify the necessary information to support a commercial determination
- Understand the FAR definitions of commercial products or services
- Develop a comparison table of proposed and similar products to support your commercial determination
- Understand the recent regulatory changes impacting commerciality
- Understand common issues and best practices
- Develop a toolbox of approaches to support your commerciality process
Program Content
This course will cover the following topics:
- The Federal regulations addressing commercial products and services
- The part you as a buyer or supplier play
- Why documentation is so important
- Why contracting officers are not as supportive of commerciality as they should be
About Redstone GCI
RGCI enables contractors doing business with the U.S. government to comply with the complex and challenging procurement regulatory provisions and contract requirements by providing superior cost, pricing, accounting, and contracts administration consulting expertise to clients expeditiously, efficiently, and within customer expectations. Our consulting expertise and experience is unparalleled in understanding unique challenges of government contractors, our operating procedures are crafted and monitored to ensure rock-solid compliance, and our company’s charter and implementing policies are designed to continuously meet needs of clients while fostering a long-term partnership with each client through pro-active communication with our clients.
Speaker and Presenter Information
Lynne Nalley, CPA
Director
Lynne is a Director with Redstone Government Consulting, Inc. providing government contract consulting services to our clients primarily related to Commercial Item Determinations and support, Cost Accounting Standards, DFARS Business System Audits, Proposals, and Incurred Cost. Prior to joining Redstone Government Consulting, Lynne served in several capacities with DCAA and DCMA for over 35 years. More About Lynne
John C. Shire, CPA
Director
John is a Director with Redstone Government Consulting, Inc. providing government contract consulting services to our clients primarily related to the DFARS business systems, CAS Disclosure Statements, and DCAA/DCMA compliance preparation, advisory, and defense. Prior to joining Redstone Government Consulting, John served in a number of capacities with DCAA/DCMA for more than 30 years. Upon his retirement, he was based in Texas as an SES-level Corporate Audit Director for DCAA, managing a staff of 300 auditors at one of the largest DOD programs. More About John
Event Type
Webcast
This event has no exhibitor/sponsor opportunities
When
Tue, May 13, 2025, 8:00am - 2:00pm
CT
Cost
Attendee: | $200.00 |
Website
Click here to visit event website
Organizer
Redstone Government Consulting
Join the event conversation:
@RedstoneGCI