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White graduation cap icon CON 7610  Fixed-Price Incentive (Firm Target) Contracts

Fixed-Price Incentive (Firm Target) Contracts

This Online Training (OLT) course will cover the key foundations, elements, structure, geometry, negotiation guidance, lessons learned, and administration of Fixed-Price Incentive (Firm Target) (FPIF) contracts.

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REQUIRED PREREQUISITES

See the Notes section of this course's concept card for recommended prerequisite.

PREDECESSOR COURSES

TARGET AUDIENCE

Any Government contracting, contract administration, pricing, auditing, and interested DoD employees seeking to understand FPIF contracts is the target audience for course CON 7610. Additionally, this course may be of interest to any personnel who administer FPIF contracts, as well as those seeking a deeper understanding of incentive contracts.

NOTES

Recommended Prerequisite:
  • CON 7460 Pricing Risks. CON 7460 would be ideal for anyone planning to take CON 7610 or CON 7620 on incentive contracting as CON 7460 provides an understanding as to how risk affects our selection of contract type, geometry and price, and includes some techniques for qualifying risk.
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).