This course is designed to sharpen the negotiation and business acumen of experienced federal contracting professionals. Participants build on their foundational acquisition knowledge to develop sophisticated skills in pre-negotiation planning, contractor financial analysis, profit and fee negotiation, and contract terms structuring. Through an applied, scenario-driven curriculum, the course prepares participants to lead negotiations that deliver best value for the Government while maintaining full compliance with FAR Part 15 and related regulatory requirements.
Throughout the course, participants engage in three progressive negotiation simulation exercises, including a comprehensive capstone, that replicate real acquisition deal scenarios. Topics include interest-based and positional bargaining, should-cost analysis, incentive and award fee arrangements, multi-party team negotiations, and Price Negotiation Memorandum (PNM) documentation. The course also integrates ethical standards and legal boundaries into every phase of the negotiation process, ensuring participants are prepared to represent the Government with integrity, strategic effectiveness, and professional confidence.