In this Online Training (OLT) course, you'll learn about the causes and types of inflation. You'll then learn about the use of Economic Price Adjustment (EPA) clauses and the appropriateness of equitable adjustments based on inflation and contract type. Finally, you will see how an EPA clause is constructed.
REQUIRED PREREQUISITES
NonePREDECESSOR COURSES
TARGET AUDIENCE
Contracting and other acquisition workforce personnel who want to learn more about impacts of inflation on existing contracts and proper use of economic price adjustments (EPA) clauses to manage the risk of inflation, when appropriate, in the formation of prospective contracts.OBJECTIVE
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Additional Information:- Any exams in this course must be passed with a minimum score of 80%.
- There is no time limit for completing this course.
- After completing the course, please be sure to complete the survey at the end.
- The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits).