Service, Inc. Since its inception in 1984, FAM&TS has been dedicated to providing effective training and consulting support in purchasing and contract management to federal agencies...Welcome to Federal Acquisition Management & Training Service, Inc. Home The Course Objectives Downloads About Us Contact Us Send Link Federal Acquisition Management & Training... foreign locations. FAM&TS' training philosophy and practice is to facilitate learning by meaningful instruction, realistic application, and real life models. Having participated...

and execution of pricing discussions will likely result in substantial purchase savings. This forty-hour block of training is computer based and very interactive. The student covers... significantly from the training include purchasing agents, contracting officer representatives (CORs), those who buy with credit cards, and those otherwise seeking to learn the established... of purchase but the student must complete the training within three months of the start of the training. However, for best results, one-week should be set-aside for the purpose...

in establishing a reasonable price. Employ the Concept "Best Value" Best value is a constant focus throughout the training, beginning with purchase planning, the discussion of performance... variance exercise, the comprehensive Norman Training exercise, and the cost analysis exercise. Become Familiar with Cost Analysis Procedures Cost analysis is taught through actual... application in a purchase situation, beginning with the definitions and language of cost analysis, which include illustrations of direct labor, overhead, direct materials, other direct...