Virtual Workshop A — How to Prepare for a Contractor Purchasing System Review (CPSR)
This workshop provides insight into the requirements of an adequate purchasing system; the design of an effective purchasing system; the monitoring of a system; the support of Government audits; and how to prepare and respond to a purchasing system review.
Through a discussion and participative methodology, the workshop will include coverage of: the prime and subcontractor relationship; consent requirements; thresholds; types of contracts; advance notification requirements; contracting officer evaluations; considerations; review objectives; regulations requirements; extent of review; surveillance; approvals; responsibilities; notifications; disclosures; reports.
- The Importance of CPSRs
- DFARS Adequacy Criteria
- Elements of a Compliant System – System Description/Procedures & Instructions/Training/Self-Governance
- Key Procedures/Instructions – Building the System
- Supporting Data Calls – The review universe
- Special Circumstances – Commercial Items and Inter-org Transfers