MKTG 4151 Principles of Contracting
This course introduces the student to contracting basics, acquisition planning, and solicitation portions of the contracting process. Contracting topics such as understanding the acquisition team, business relationships, E-Commerce, contracting regulations, elements of a contract, and contracting methods are just some of the beginning areas covered. In addition, elements of acquisition planning such as risk, market research, commercial considerations, contract types, and socio-economic areas are discussed. Steps related to the solicitation process such as developing a source list, line item structure, labor laws, format of a solicitation and amendment, and synopsis are reviewed. The focus of this course is to introduce the student to beginning contracting concepts and principles and to provide the student with an understanding of the steps related to the acquisition planning and solicitation process.
Lecture Hours
3 hours
Corequisite
LENB 3135 (as either a prerequisite or co-requisite)