Join us for Reduced Risk Through Commercial Item Contracting, a presentation on the federal government concept of commercial item contracting, its benefits, and how contractors can exploit this aspect of procurement reform. 

Although the U.S. Government spends more than $500 billion a year on goods and services, many companies are wary of entering into the federal government marketplace based on government-unique auditing and accounting requirements, specifications and standards, and other compliance obligations. However, due to acquisition reform in the 1990’s and the concept of commercial item contracting, the federal government can now procure commercial supplies and services from contractors on terms and conditions similar to commercial contracts. 

We will discuss:

• The definition of a “commercial item”
• Negotiation techniques for commercial item prime contracts and subcontracts
• Price analysis methodologies for commercial item contracts
• GSA Multiple Award Schedule contracts, including compliance obligations associated with such contracts and recent updates from GSA

Speaker 

Erin L. Toomey, Partner, Foley & Lardner LLP 

There is no cost to participate in this program but advance registration is required. To participate, please register online/

Instructions for accessing the program will be included in the registration confirmation. 

For more information, please contact Christina Wade at cwade@foley.com. 

Foley & Lardner LLP will apply for CLE credit after the program, wherever applicable. Foley & Lardner LLP certifies that this activity has been approved for California MCLE credits by the State Bar of California in the amount of 1.5 General credit hour. Foley & Lardner LLP is a State Bar of California MCLE approved provider. Please note that participants must log in to the web portion on the date of the event and answer the CLE polling question; credit may not be obtained by viewing and/or listening to a program recording after the event. Certificates of attendance will be distributed to eligible participants approximately eight weeks after the web conference via email. 

Special Instructions for Kansas/New York/New Jersey CLE Credit 

Those seeking Kansas, New York, and/or New Jersey CLE Credit are required to complete theAttorney Affirmation Form. Be sure to enter the five-digit code that will be provided during the presentation. Please email the form to Christina Wade at cwade@foley.com immediately following the program. 

Important Information for New York Attorneys 

This program is appropriate for experienced attorneys only. Attorneys admitted two years or less are not eligible to earn CLE credit through the completion of courses in nontraditional formats.