Quick LOG Blog to let the life cycle logistics and product support manager community know that our contracting colleagues here at DAU today launched their new CON 7470 Inflation and Economic Price Adjustments online training course.
In this course, students will learn about the causes and types of inflation, as well as about the use of Economic Price Adjustment (EPA) clauses and the appropriateness of equitable adjustments based on inflation and contract type. Students will also gain insights into how an EPA clause is constructed. The target audience for this new training course includes Contracting and other defense 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.
For additional information, see a separate DAU Contracting Blog entitled “CON 7470 Inflation and Economic Price Adjustments”. See also the recent May 25, 2022 Defense Pricing and Contracting (DPC) memorandum "Guidance on Inflation and Economic Price Adjustments”.
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Please note that you should expect to receive a response from our team, regarding your inquiry, within 2 business days.