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U -- Business Tool for Success-Costing and Pricing Basics

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061320061Federal

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The seminar titled "Business Tool for Success-Costing and Pricing Basics" is scheduled for Tuesday, June 13, 2006, from 9:00 AM to 4:00 PM at the Mason Enterprise Center in Fairfax, VA. This event serves as an introduction to establishing an indirect cost structure designed to accurately determine product or service costs, set competitive prices, and provide management with timely and precise information to support daily decision-making. The course includes essential topics such as the difference between costing and pricing, direct and indirect costs, direct hourly rate calculations, grouping of costs, allocation of support costs, and forward rate projections. Additionally, participants will engage with case studies focused on the impact of changing product or service mixes on competitiveness and profitability, as well as subcontracting versus in-house contract performance. The seminar fee is $175, which covers both course materials and lunch. It is intended to provide foundational knowledge for business professionals aiming to improve their costing and pricing strategies. Registration is available via the website, with further inquiries directed to the Procurement Technical Assistance Program through phone or email contacts provided. This event is listed under NAICS code 611310, indicating its focus on professional and management development training services.

General Info

Seminar on costing, pricing basics, indirect cost structures, June 13, 2006, Mason Center, $175 fee.

Agency

N/A

NAICS

611310 - Colleges, Universities, and Professional Schools

Place of Performance

Not specified

Set-Aside

NONE

Documents

0

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Documents will appear here when they are available.

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Organization & Contact Information

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AgencyN/A
Contacts1 person available
OfficeN/A
Organization / Agency
N/A
Office AddressN/A
Contacts
Mary E McGuireProcurement Assistance Specialist
contact@example.gov
+1 (555) 000-0000

Full Description

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Business Tool for Success-Costing and Pricing Basics on Tuesday, June 13, 2006 9:00AM-4:00PM,this seminar is an introduction to the establishment of an indirect cost structure that meets the need to accurately determine the actual cost of your products or services, establish competitive pricing and provide management with accurate and timely information to facilitate their day-to-day decision making process.The cost of the seminar is $175 and it includes Materials and Lunch.Curriculum includes Basic costing and pricing premise, Costing vs. pricing, Fundamental cost requirements, Direct costs vs. indirect costs, Calculation of direct hourly rates, Homogeneous grouping of direct and indirect costs, Common indirect cost pools, Allocation of support costs, Forward rate projections. Case Studies:Case One - Changing product or service mix impacting competitiveness and future profitability,Case Two - Increased subcontracting vs. in-house contract performance. Class will be held at Mason Enterprise Center, Procurement Technical Assistance Program, 4031 University Drive, Suite 200, Fairfax, VA 22030. To register please, visit our website at http://www.vaptap.org. For more information call the PTAP at +1 (555) 000-0000 or +1 (555) 000-0000. For information about dates please check our Procurement Events Calendar

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