Successful Cost Estimating for Government Contracts – How to win your share of the American Recovery and Reinvestment budget of $787,000,000,000

Day 2: Mastering Complex Cost Concepts, Overheads, Indirects, Distributables, & Parametric Estimates*
A 1/2 Day Webinar (CPE Approved)
June 30th, 1:00 pm to 2:30 pm and 3:00 pm to 4:30 pm (U.S. Eastern Daylight Savings Time)
*This seminar is Part II of a two-part series. The June 29th Webinar "Understanding Government Cost Jargon, Takeoffs, & Cost Elements" is recommended as a prerequite course.
 
How This Seminar Works
1.
This live seminar consists of two 90-minute, high quality conference calls combined with your choice of printed or Internet-posted slides.
2.

The day before the seminar, you will be emailed a toll-free telephone number to access the audio portion of the live seminar session. The seminar's slides will be attached to the email as a PDF file, and a Website link will be provided so you can view the slides on the Internet if you prefer. Phone calls originating from outside of the USA and Canada will be a toll call billed to you by your telephone service provider.

3.
A few minutes before the seminar is to begin, you will call the toll-free phone number to access the audio portion of the seminar. You can follow the visual portion of the presentation by using the printed PDF files or by viewing the Internet-posted slides on your computer screen.
4.
A professional moderator will manage the seminar teleconference and there will be ample opportunity to ask questions. All participants will hear both the question and the instructor's response. After the seminar is over, further questions can be directed to the instructor via email.

Learn advanced government project estimating techniques, tools, templates, and methods that you can use to quickly improve your estimating skills so you can win more government contracts at higher margins.

Register today for this two-session seminar and invest in your future. Click Here to Register

What You will Learn

• Why to use subcontractors and how to represent subcontract costs

• How to unwind the elements of both rented and owned equipment costs

• The different types of overheads and burdens and how to estimate them

• How and where to show and use burdens and overheads

• How to summarize your estimates and check them like the pros

• Unlocking parametric estimating factors and learning to use them

• The different types of government contracts and how they affect your contracting estimating considerations

Agenda

Cost Elements Continued – Equipment and Subcontracts
Equipment Estimating
Rented Equipment verses Owned Equipment
Owned Equipment              
Rental Equipment Rates
On/Off Charges

Utilization Rates
Subcontract Basics
Subcontract Terms
Bonds and Bonding
Subcontract Back Charges
Overheads, Indirect Costs and Distributable Costs
Field Overheads
Division Overheads
Home Office Overheads (G&A)
Cost of Money
Management Reserve Risk, Escalation, and Contingency
Profits, Fees, and Mark Ups
Parametric Estimating
          Summarizing and Checking  
          Unit Rates
Estimating Metrics
          Composite Metrics
Estimating Knowledge Repository
Accommodating Contract Terms
                   Lump Sum
                   Fixed Price
                   Unit Rate
                   Cost Plus Percentage Fee
Cost Plus Fixed Fee
                   Not to Exceed
                   Negotiated Price
                   Fixed Price Incentive Definitions.

Your Instructor

Keith Custer, PE has over 30 years of consulting and management experience and is an expert in project estimating, cost engineering, project scheduling, and earned value project management. Mr. Custer is a professional Electrical Engineer and has been involved in estimating technical projects ranging from Nuclear Power electric generation and control systems, landfill monitoring controls, office telephony systems, international voice and data communications systems, computer systems, custom software development, and major package software applications like Financials, CIS, HR, CRM, MMIS, PMO, and ERP in wide range of industries including electric power, insurance, financial, retail, manufacturing, health care, environmental, and customer service.

Mr. Custer has served as CIO and systems strategy planner and has operated his professional consulting, estimating, and management services company for over 20 years and has estimated, scheduled, and managed numerous technical projects and program offices including on-shore and off-shore staffing for companies such as Keane, IMRglobal, and Computer Aid Inc. Additionally, Mr. Custer has directly provided professional estimating Bechtel, SWEC, Comanco, Oracle, and Marriott as well as for numerous utilities customers such as FPL, NUSCO, MPL, Centerior, TECO, PECO, PPL, PSEG, SMUD, and GSU. service.

Who Should Attend this Seminar

If you are serious about winning Government contracts you need to understand government jargon and learn how to build and display a comprehensive estimate. This seminar will benefit will benefit a wide variety of organizations in the electric power, utility, financial and energy industries, including executives, sales professionals, large and small business owners, procurement managers, technology managers, engineers, and cost accountants, as well as business area experts and business managers looking to sell complex technical systems.

Why Choose PGS?

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS program today, and team up with the leader in electric power and energy education. Join over 10,000 energy and financial professionals who have already attended one or more of PGS's proven courses. View Past Seminar Attendees

Prerequisites

This fundamental level, group live seminar has no prerequisites. No advance preparation is required before the seminar.

Registration Fee

$295 for the first attendee and $155 for each additional participant.

Special discounts are available for groups of 4 or more. Please call John for details at (412) 494-0450.

Click Here to Register

Payment & Cancellations

Payment is due prior to the start of the seminar by Visa, Master Card, American Express, Diners Club or check. Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made. Please make checks payable to "PGS Energy Training" 43 Fawnvue Drive, Suite 700 Mckees Rocks, PA 15136. Cancellations can be made up to two (2) business days prior to the start of the seminar for a full refund. No refunds will be made thereafter, but credit will be given toward future seminars. Substitutions may be made at any time.
For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at 412-521-4737.

CPE Credits

This group live seminar is eligible for 3.5 CPE credits. PGS telephone seminars are eligible for CPE credits only if seminar participants use the printed seminar slides – not the Internet posted slides. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.

PGS Energy Training is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org. CPAs interested in attending any seminars should contact our offices for details on CPE credits granted and any prerequisite requirements.

   
PGS Energy Training
43 Fawnvue Drive • Suite 700
Mckees Rocks, PA 15136
Tel: (412)
521-4737 • Fax: (866) 230-1261
info@pgsenergy.com