Thompson Government Contracting

Understanding Commercial Items & the DCMA's Commercial Item Group

Webinar • Tuesday, September 19, 2017 • 1:00-2:30 p.m. ET

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OnDemand
$189.00
(Available for viewing
until 09.19.2018)


$189.00 Understanding Commercial Items & the DCMA's Commercial Item Group (OnDemand)
Webinar Details

Subject: Federal Contracting

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

When goods and services are categorized as “commercial items,” many contracting requirements (like TINA and CAS) no longer apply. Some requirements, however, do still apply. So do contractors’ obligations to price commercial items reasonably and to require subcontractors to incorporate commercial items into contract deliverables.

To monitor compliance, the DCMA’s Commercial Item Group (CIG) is conducting more than 130 Contractor Purchasing System Reviews (CPSRs) per year.

Do not wait to get tapped for review! Act now to make sure you—and subcontractors—are meeting contractual obligations “to the maximum extent possible.” 

Register now for Understanding Commercial Items & the DCMA’s Commercial Item Group.

This 90-minute webinar brings you ready-to-use guidance from Alex Hernandez, an expert on commercial-item compliance and review. He will explain the process used to determine which goods and services qualify as commercial items. You will learn how to determine reasonable pricing and what requirements still apply.

Prepare for CPSRs.  In addition to what is and isn’t required, you will explore the new challenges and opportunities, including actions by the DCMA’s Commercial Item Group, the high volume of Contractor Purchasing System Reviews and the initiative in Congress and the DoD to buy items—especially technology—commercially. Plus, you will have the chance to ask your own questions during the Q&A portion of the webinar.

Reserve your space now for expert guidance on commercial items and the DCMA’s CIG, including:

  • How commercial items are defined
  • Requirements that do—and don’t—apply to commercial goods and services
  • How to conduct effective analysis to determine price reasonableness
  • An insider’s guide to the DCMA’s CIG Contracting Officer Support and Government Contractor Support
  • Factors shaping today’s CPSR environment

With the DCMA conducting more than 130 CPSRs per year, this is no time for guesswork. Take this opportunity to master the challenges—and opportunities—of incorporating commercial items into contracts. 

Register now for Understanding Commercial Items & the DCMA’s Commercial Item Group.

This webinar is of value to all U.S. government contractors. Attendees who will benefit most include:

  • CEO, CFO, COO
  • Vice President
  • Vice President of Contracts and Procurement
  • Director Government Pricing and Procurement
  • Director of Materials Management
  • Director of Government Compliance
  • Director of Contracts
  • Director of Procurement
  • Director of Subcontracts
  • Contracts Manager
  • Supply Chain Manager
  • Subcontracts Manager
  • Global Strategic Sourcing Manager
  • Subcontract Administrator

YOUR EXPERT(S):

Alexander Hernandez

Alex Hernandez, manager at Capital Edge Consulting, has extensive experience providing professional support to government contractors in the areas of compliance and accounting. Alex has worked closely with Chief Executive Officers, Chief Financial Officers, Vice Presidents, Controllers and Directors and brings knowledge from a wide range of engagements. Alex has experience in the areas of Purchasing System compliance and Contractor Purchasing System Review (CPSR) risk mitigation, including procurement file remediation. His expertise also includes Budgeting, Cost Accounting, Incurred Cost Submissions, Cost Proposal Support and Management, Financial Modeling, Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), Cost Accounting Standards (CAS) and Contractor Business Systems.

Alex has worked with clients of varying size, complexity, and industry focus.  He has developed Incurred Cost Submissions, Accounting Systems, Estimating Systems, CAS Disclosure Statements, cost impact analyses and Three Factor Formula allocations.  He has also completed booked to billed reconciliations, assisted clients with Business System internal control reviews, Government audits and contract closeouts. 

Prior to joining Capital Edge, Alex spent several years as a member of the Government Contracts Practice and Forensic Advisory Services group at PricewaterhouseCoopers LLP.  Before PricewaterhouseCoopers LLP, Alex worked in the accounting group for a major Aerospace and Defense Contractor. While there, he was responsible for $250 million in capital assets, organized audits, managed inventory, prepared and submitted monthly invoicing, and reconciled balance sheet accounts. He also assisted with general compliance, auditing, payroll and accounts payable.

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