Acquisition Topics: Performance Based Payments

Event Recording 
 

Description:

With the recent changes to the Performance Based Payments (PBP) statute and regulations, acquisition professionals need to have a solid understanding of how to develop a PBP contract financing arrangement that is beneficial for both Government and Industry. This training covers the six key steps in how one should develop an adequate PBP agreement including:

•            What constitutes a good PBP event;

•            How to value those events;

•            How to establish acceptable completion criteria; and,

•            The importance of cumulative versus severable events.

Students will also learn how the structure of the PBP financing arrangement can create a win-win scenario for both the Government and the contractor.     

Speaker:

Derek Kuba Cost/Price Analyst

Derek Kuba has 17 years of experience working in contracting at Wright-Patterson AFB, 15 of which are in a pricing office. In this time he has priced and reviewed multiple, large, complex, systems acquisitions of varying contract types. In his time serving the US Government, Mr. Kuba has provided multiple training sessions on contract financing, incentive contracting, and the Sole Source Streamlining Tool.  He is considered a subject matter expert in contract financing with an emphasis on Performance-Based Payments and in pricing related to Source Selections. 

DAU FY20 Webcasts 
12:30 pm | Eastern Standard Time | 1 hr 30 mins