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Contract Closeout Virtual Class
May 23 @ 1:30 pm - 3:00 pm
An event every week that begins at 1:30pm on Tuesday, repeating until May 30, 2017
The Contract Closeout training will now be available virtually with live instruction in three 1.5 hour sessions over a period of 3 weekly sessions.
Contract closeout is a critical, but often forgotten, piece of the Contract process. This virtual class will focus on what contractors need to move the close out process through to completion, efficiently and effectively. Achieving closeout will ensure final payments are made, audit issues are concluded, past performance evaluations are submitted and any open issues are resolved. Timely close out efforts result in reduced contract administration and ensure a greater likelihood that contractors still have not only the institutional memory but all the documentation necessary to achieve a favorable contract close out.
- Analyze the basic steps needed to close out a contract or task/delivery order and tips about how to accomplish them to the mutual benefit of both contractor and agency alike;
- Identify the differences in the close out process depending upon the type of contract awarded;
- Explain when a contract or task order can be closed without an audit and when an audit is needed;
- Explain the importance of new FAR compliance requirements;
- Describe ways to organize the information/materials needed for close out during contract performance to avoid unnecessary delays.
- Discuss a real life closeout scenario situation to familiarize attendees with the process and the competing considerations.
Continuing Education Credits
6 credits for entire series.
4.5 credits for entire series.
CPE (Business Law)
5 credits for entire series.
4.5 credits for entire series. This course has been approved for CLE in CA, PA, VA and TX. Because this activity has been approved in another CLE jurisdiction, you may also receive credit for participation in AK, AZ, AR, CO, FL, HI, IL, ME, MT, NJ, NY, ND, and WI (additional state requirements may apply). If you are seeking CLE credits for a jurisdiction other than the ones listed above, please contact us for additional information.
This course can be submitted to Project Management Institute (PMI) for PDU. Upon their approval, it may be worth 4.5 PDU credits.
The Public Contracting Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.