Acquisition Hour: Federal Contracting: Contract Methods and Types of Contracts

In Federal Government contracting, there are various contract methods and numerous types of federal contracts. It is important for the contractor to understand both when submitting a bid / proposal to the Federal Government. The contract method impacts what offerors should submit and how the government selects the awardee. The type of contract can affect how much a contractor is paid, risk allocation on cost overruns, and the contractual obligations of the contractor and the government.

This webinar will cover:

· Sealed Bidding
· Competitive Negotiations
· Simplified Acquisitions
· Fixed Price Contracts
· Cost-Reimbursement Contracts
· Indefinite-Delivery Contracts
· Time and Materials/Labor Hour Contracts, Letter Contracts, and Basic Ordering Agreements

Speaker: Carol Murphy, Government Contract Specialist, Wisconsin Procurement Institute
This webinar is eligible for 1 CPE credit.

View a schedule of all upcoming Acquisition Hour webinars.

WPI is Wisconsin’s APEX Accelerator