This webinar will compare and contrast cost realism and price realism analyses and describe how they are used in the contract award decision-making process. Upon completion, you will understand when and how cost and price realism analyses are used; know the techniques used to conduct the analyses, and contrast how cost and price realism analyses influence price reasonableness determinations. The main topics covered will include:

• The definition of cost and price realism analyses and how they factor in contract award decisions.
• How cost and price realism analyses are used to establish contract prices.
• How Contractor and Government professionals can prepare and support cost and price realism analyses.
• How to interpret the results of cost and price realism analyses.
• How Contractor and Government professionals manage challenges in cost and price realism analyses.

This webcast is offered to Alaska registered PTAC clients only. Call 786-7258 or email jysummers@alaska.edu for registration site and access code.