In this episode of Contracting Conversations, Scott and Jim have the pleasure with speaking with Dave Lewis, the Learning Asset Manager for CON 7610, Fixed-Price Incentive (Firm-Target) (FPIF) Contracts Course. We continue our conversation with Dave Lewis on his incentive contract courses - this one is on FPIP contracts, where he talks about what this course focuses on, such as limitations of use of FPIP contracts, the geometry (how to structure), how to come up with optimistic and pessimistic cost, how profit is determined, negotiation tips, contract administration, important of conducting a post award conference, how to avoid an administrative nightmare, the target audience and the embedded videos in this course. A lot compacted into a short 8 minutes. Be sure to subscribe to the channel, either here or YouTube or Apple Podcasts or all - also, appreciate it if you hit the like button to let us know the podcast was worth your time invested. Be sure to listen to our CON 7600 podcast, which is an introduction to incentive contracts.
CON 7610 - Fixed-Price Incentive (Firm Target) Contracts Course:
https://icatalog.dau.edu/onlinecatalog/courses.aspx?crs_id=13014CON 7600 -
https://icatalog.dau.edu/onlinecatalog/courses.aspx?crs_id=13108CON 7620 - Cost-Plus Incentive Fee (CPIF) Contracts Course:
https://icatalog.dau.edu/onlinecatalog/courses.aspx?crs_id=13013CON 7630 - Award-Fee and Award-Term Contracts Course:
https://icatalog.dau.edu/onlinecatalog/courses.aspx?crs_id=13109CON 7640 - Coming Soon
Credentials home page:
https://www.dau.edu/credentialsBack to Basics:
https://www.dau.edu/back-to-basics; BtB Contracting:
https://www.dau.edu/functional-areas/contractingContract Cost, Price and Finance Community of Practice:
https://www.dau.edu/cop/pricingContracting Community of Practice:
https://www.dau.edu/cop/contractingIf you are watching this video on DAU Media, but rather watch on YouTube, go to
https://www.youtube.com/channel/UCbF8yqm-r_M5czw5teb0PsAApple Podcasts:
https://podcasts.apple.com/us/podcast/contracting-conversations/id1621567225