THE BOSTON NEWSLETTER A Publication of the NCMA Boston Chapter Summer 2005 speakers possible. If you are particularly interested in a specific topic, feel free to contact Mr. Andy Habina (VP of Programs at ahabina@drc.com. We could include your topic or speaker in our monthly meeting agenda or March Workshop (mark your calendars for March 15th 2006). ===================================================== President’s Letter NCMA Boston Chapter, I would like to take this opportunity to congratulate you for investing the time and effort into your own professionalism and career development. I truly believe your investment in your future will reap great benefits to you and the people that you may mentor. My objective as President this year is to help you attain the knowledge and networking opportunities through workshops, seminars, and monthly meeting. I am dedicated to make you successful because you have decided to invest in your future by joining NCMA. Also, I hope you will help the new professionals around you grow in the career field. You can be a positive role model for the new an upcoming professionals. We have planned a valuable 2005-2006 Program Year. We plan to host a variety of interesting speakers this year. We have tried to plan our program year with inspiring lunch and dinner speakers for your professional development. The topics range from commercial contracting, ethics, service contracts to the Hanscom Air Force Base realignment. We have invited top executives from top performing industries and respected Senior Executive Service officials from the Department of Defense. We are dedicated to bring you the best We are excited to help you achieve your professional goals through education and certification. This year, we have invited or NCMA National Director, Neil Couture to speak at our December meeting. Mr. Couture will help you understand how you can further enhance your professionalism and knowledge in the field by having instant access to training materials and seminars offered through NCMA. Mr. David Barr, our Certification chair, will also present a discussion help you better understand how the new CPCM/CFCM/CCCM certification process works. You also will be able to gain additional respect from your employer and business colleagues by achieving these prestigious certifications. I would also like to welcome you to participate in our NCMA Boston Chapter Committees. This is a wonderful way to network and meet other successful professionals in a variety of career fields. I would like to personally thank Mr. John Nunziato, Director of Contracts for the NC Wing at Hanscom Air Force Base for volunteering me to chair a committee five years ago. Thanks to NCMA, I have grown professionally and personally and feel proud to have been given the opportunity to help others enhance their knowledge and professionalism. If you would like to participate in a committee or even help with the March Workshop please contact Mr. Habina. (His e-mail is listed above). I am excited to be your President this year. Keep your eyes out for a new electronic CVENT posting of upcoming meetings and events. We hope you enjoy the spectacular knowledge topics we have lined up for the upcoming year and look forward to help you enhance your knowledge and skills in your profession. Please also let us know how we can be of better assistance to you in the future. Do not hesitate to contact me at vinitamartin@charter.net. Please note. I will be attending the Industrial College of the Armed Forces Program this year at the National Defense University in Washington D.C. If you need to reach me at school, my e-mail address is: veneziano-martinv@ndu.edu Have a great year! Vinita J. Veneziano-Martin NCMA Boston Chapter President ======================================================== Email address updates needed! We badly need updated email address! To be sure you get our email notices, please send your latest email address to: gordon.cochrane@verizon.net Vinita presents out going President Bunnie Pasternak with a Plaque for her contribution to the Chapter for the past two years. MEMBERSHIP PROGRAM Sponsor a new member and both of you can attend a dinner meeting at Chapter expense. Remember, if an individual joins at any chapter event, the Chapter pays the individual’s initiation fee. Contact Gordon Cochrane for more information. ========================================================= ======================================================== BOSTON CHAPTER LEADERS President Employment Chair Vinita Veneziano-Martin Frank Malsbury 978-433-0002 781-999-4690 VP & Admin. Fellows/Awards Open Position Bunnie Pasternak Indira Shah Chris Hitchcock 781-684-4267 781-434-2520 VP & Treasurer Small Business Chair Nat Roossin Bill Donaldson 617-244-7652 VP & Programs VP & Education Andy Habina David Barr 978-289-1677 781-224-6258 Col. John Lyle 781-377-2201 VP & Membership and Newsletter Editor Gordon Cochrane 508-543-5833 gordon.cochrane@verizon.net ======================================================== NOTICE: The Chapter will be starting a new distribution system for all mailings using a vendor that will send our Chapter Events by email and will also handling all registration via the internet. The current work environment has reduced the number of volunteers to a few individuals who have been handling this task for many years. Their available free time is limited. It is important that we have your current e-mail address. If you do not have e-mail access you will receive notices by mail. This new system reduces the mailings from over 500 to less than 40 pieces of mail. This will save a considerable amount of time and cost for the Chapter. ======================================================= NOTICE: The Chapter is planning to publish a Membership directory with Name, address, work phone number, and e-mail address. If you do not want to be included in the Directory, please notify Gordon Cochrane no latter than October 30, 2005. 508-543-5833 or gordon.cochrane@verizon.net Accounting Corner by Andy Habina With many companies moving away from tradition defined benefit pension plans, their issue may not be prevalent in the future but any company with pension costs must consider the impact of CAS 413 when selling or buying a business. ======================================================== How to renew or update your own information: 1. 2. 3. 4. Pension Costs A number of companies have been in court concerning pension costs related to operations that were sold or closed. There are hundreds of millions of dollars involved. The cases generally are the result of Cost Accounting Standards issues. The most recent case was General Motors Corp. v. United States, Fed.Cl. No. 00-40C, dated June 28, 2005. Log on to http://ncmahq.org Click on Membership, Click on update contact information, You will see a page with the following screen Login Required The page you are attempting to access requires a log in. Please provide your information below. If your log in information is displayed below, then you are already logged in. If you are a visitor and not a member of NCMA, please use the New Visitor Registration to register for the site. login login name Numerous issues were involved but the key aspects are that when GM sold Allison Gas Turbine in 1993, the underfunded pension costs were about $250 million. This means that Gm was looking to recover that amount from the Government under CAS 413. Two defenses raised by the Government were that the costs were not funded by GM as annual costs and therefore were not recoverable years after the fact. Second, GM signed a release of claims when the contracts were closed out and so there is no funding or entitlement by GM. password The Court rules that the segment closing was a one time extraordinary event and thus operated independently of the company’s obligation to properly allocate the costs on an annual basis. Login name is your membership number, Password is your last name, with first letter a capital Example: Login: 024995 Password: Cochrane Please update your information with your latest email address. Thanks With respect to the Limitation of Cost and Limitation of Funds clauses, the Court stated that the government’s reading of these clauses “would subvert the requirements of CAS 413, which are mandatory”. Other cases involved large companies that had overfunded plans and thus had to pay the government the overfunded amounts. The issues in those cases centered on what contracts were to be included in the refund since the language of CAS 413 was changed. remember me forgot your password? Chapter Educational Assistance goes unclaimed! There must be a member or two who are taking education courses and are not being completely reimbursed by their company. If you have any educational expenses not reimbursed, than you’re eligible for chapter assistance. Check out the Chapter’s following Policy & Procedure. You should take advantage of this opportunity. Chapter Educational Assistance Tuition Assistance is provided to several Chapter members who are taking courses to improve their skills in the contracts or related field and whose expenses are not otherwise fully reimbursed. Of course, to receive the assistance you must successfully complete the course to receive the assistance funds from the Chapter. MEMBER MILESTONES JAN-AUGUST 2005 30 YEARS Eligibility: Any NCMA-Boston Chapter member as of August 15, 2005 can submit one application. David Dustin Khyber Services Grp Andrew Goodspeed Northrop Grumman IS David Sullivan Battelle Marine Resrch Lab Deadline for submitting applications-postmarked not later than October 15, 2005. Selection: Random drawing and several names will be chosen. Awardees will be contacted right away. Amount of assistance: Max of $500 will be awarded to each for un-reimbursed tuition/related expenses. To apply: Send an e-mail to Chris Hitchcock at cbh@ziplink.net with the following information. Daniel Coakley MIT Lincoln Laboratory Barry Levy DCMDN 25 YEARS 20 YEARS David Barr Metcalf & Eddy Inc. Judith Blinn iRobot Corporation Anthony Carita Parexel International Corp Todd De Binder TCD Consulting Andrew Habina Dynamics Research Corp. Robert Howard Mildred Hunt DOD DCMD James Reed General Dynamics Ethel Dotts Richard Ferro SIAO R.I. Economic Develop. Corp. Christopher Garrahan Law Office Michael Jean Insight Tech Inc Richard Johnson GSA Walter Ronten USAF/AFMC/ESC/CXK Alan Seferian The Cadmus Group, Inc Robert Youtt Hanscom AFB ESC/KP Paul Hovsepian 15 YEARS (1) Members Name, (2) Cost of Course, (3) home phone number, (4) work phone number, (5) course attended, (6) course date, (7) location, and (8) Instructor. Explain if you are eligible for reimbursement (in whole or part from any other source and provide the details. ==================================================== The BosTon ChapTer’s Annual March Workshop is scheduled for March 15, 2006 At Bentley College Reserve the date now! Employment Opportunities: The Chapter has been receiving a considerable number of job openings lately and Frank Malsbury, the Chapter’s Employment Chair, informs me that he currently does not have any resumes to send out. If you are interested in a new career opportunity why not drop Frank a copy of you resume or contact him at 781-999-4690 or e-mail him at frank_h_malabury@raytheon.com Raytheon Co 10 YEARS Mary Cooney Rick Hancock Spectral Sciences, Inc Robert Hickey Perkinelmer Optoelectronics Kevin Mawn Tactical Comm. Group LLC Joseph Musella Ronald Saville John Nunziato Hanscom AFB Electronic Systems Ctr 5 YEARS Michelle Bulter Titan/Eldyne Tammy LaPointe Crane & Co Inc Peter LiBoissonnault iRobot Corporation Thomas Lynch BAE Systems Kevin Maguire Motorola Anne McIntyre SKY Computers Inc Jeffrey McKay Central Artery Project Katherine Morris GIGSG/PK Maura Morrison IISI Corp Pat Mullen Raytheon Co Brian Parillo Titan Systems Corp Sherrie Read Creare Inc Serena Vetere Tetra Tech NUS Inc Steven Vounessea Lau Technologies MEMBER MILESTONES JAN.-AUGUST 2005 5 YEARS Sherrie Serena Steven Michelle Read Vetere Vounessea Butler Creare Inc Tetra Tech NUS Inc Lau Technologies Titan/Eldyne Online Graduate Certificate in Project Management Master of Science in Project Management On-base Graduate Certificate in Project Management Graduate Certificate for Acquisition Managers Master of Science in Business Administration ===================================================== WELCOME NEW MEMBERS JULY-AUGUST 2005 new members Rachel J. Anderson Schafer Corp. Richard Axtell Department of Defense John Blanchard Goodrich Corporation Stephen Brooks Goodrich Fuel & Utility Systems Jacqueline Dejean Education Development Center, Inc Kelly Estes BAE Systems Chrstopher Jorge George P. Karwoski Christopher Landry Deepa Parthasarathy Government Works, Inc. Paul F. Robinson Dare Mighty Things, Inc. Stephen Roescher Siemens Transportation Systems, Inc Peter Sullivan Retec Group Inc. Kristen Tardie BAE Systems American Ref-Fuel Katherine Wrightson ===================================================== Boston University's Metropolitan College New! Metropolitan College Partnership with The Defense Acquisition University (DAU) In the near future, BU hopes to expand its relationship with NCMA for its CFCM, CCCM, CPCM certifications by offering course waivers for these certifications in its Master of Science in Project Management. Metropolitan College (MET) is one of the seventeen schools and colleges that make up Boston University. It is a fully accredited, highly ranked institution whose purpose is to serve the educational needs of working professionals. Metropolitan College offers opportunities for education, career advancement, and personal fulfillment to thousands of adults who might not otherwise have the chance to take courses or earn degrees while maintaining their full- or part-time employment. BU’s Metropolitan College is well known for its exceptional programs and convenient study venues - from the Boston campus to military facilities, from our business partners’ offices to our students’ desktops online. Metropolitan College, in partnership with the DAU, now offers military personnel and their dependents, as well as DoD employees’ four new programs from which to choose: Online Programs in Project Management at Boston UniversiTy’s MeTropoliTan College Beginning this fall, Boston University’s Metropolitan College will offer two new online educational opportunities for those who have successfully completed selected Defense Acquisition University (DAU) courses. These two programs - a Graduate Certificate or Master of Science in Project Management – are of special interest to military personnel and employees of DoD contractors due to their focus on contract, program and financial management. The online format allows DAU students outside of the greater Boston area to take advantage of Boston University’s excellent academic reputation via a convenient distance-learning format. Online courses are offered three semesters per year (fall, spring, summer) with 2 courses available each semester. The two courses run consecutively, with a new course beginning every seven weeks. One course waiver per degree program is available to those who have taken certain DAU courses. For more information contact Katie Pasciucco, Admissions & Outreach Coordinator, Boston University’s Metropolitan College call 617-358-2153, or E-mail katiep@bu.edu ===================================================== On-base Programs in Project Management, Acquisition Management and Business Administration aT BosTon UniversiTy’s Metropolitan College Three new on-base educational opportunities, at Hanscom AFB, MA, will be available through Metropolitan College for those who have successfully completed Defense Acquisition University (DAU) courses. These programs a Graduate Certificate in Project Management, a Graduate Certificate for Acquisition Managers or Master of Science in Business Administration – are particularly relevant to military professionals charged with project, acquisition, and other administrative responsibilities. These NCMA Certification Program By David Barr VP Education programs are available in a classroom-based format on military bases or at the offices of DoD contractors. The on-base format provides a convenient study venue to military personnel and civilians, as well as DoD contractors. On-base courses are offered three semesters per year (fall, spring, summer) with up to 2 courses available each semester. One course waiver per degree program is available to those who have taken certain DAU courses. Graduate Certificate in Project Management (4 courses) The Graduate Certificate in Project Management is designed for those who want to combine graduate level theory with the skills needed to earn PMP® project management competencies. Note: this certificate program is also available online – see above. Graduate Certificate for Acquisition Managers (4 courses) The Graduate Certificate for Acquisition Management Professionals is comprised of four courses that integrate key content in contracting management, program management, financial management and negotiation skills. Master of Science in Business Administration (10 courses) The Master of Science in Business Administration degree, also referred to as MSBA, emphasizes the basic tools and disciplines common in all administrative and managerial contexts, providing the student with solid academic training in the general skills of management. The program complements the specialized professional skills that students may have acquired through formal education and/or work experience. The Boston Chapter of NCMA plans to implement an active certification program for the 2005-2006 calendar year. Already some chapter members have expressed an interest in organizing a study group, one of the proven means to preparing for the certification exams. Independent study is also an option. The chapter has also purchased some of the study materials to offer savings to its members. The certification program has undergone significant changes since 2002, including a defined contract management body of knowledge (CMBOK), and a more flexible and accessible means for taking exams through the Thomson Prometric Testing Centers. Exams are now multiple choice rather than essay. Certifications have been revised to include the following designations: Certified Commercial Contracts Manager (CCCM), Certified Federal Contracts Manager (CFCM), and Certified Professional Contracts Manager (CPCM). These changes are intended to better serve the membership. NCMA’s designations are seen as a standardized “hallmark of excellence” across the contract management community. To learn more about our certification program please contact the Boston Chapter Vice President of Education, David Barr at 781-224-6258, or e-mail at david.barr@me.aecom.com, or visit the NCMA website at www.ncmahq.org. ===================================================== For more information contact Professor Gerry Keegan of Boston University’s Metropolitan College at 781-377-3454, or E-mail gkeegan@bu.edu. ===================================================== What does the NCMA mean to me? By Bunnie Pasternak A way to getting professional, affordable education, to networking and sharing of knowledge and information throughout the industry, and to building friendships, all right here in my own backyard. Like most members of NCMA who come to the association through word of mouth and encouragement by their colleagues, my entrance was no different – my office buddy at the time, Captain Mike Lubrano, told me even when I was a Cooperative Education Student that I should join NCMA if I was going to stay in contracting. I’m glad that I took his advice. While life and positions have changed over time for me, as well as others, NCMA has always worked to create an environment for continual learning about the profession. NATIONAL EDUCATION SEMINAR CONTRACT NEGOTIATIONS This highly interactive one-day seminar covers the skills, tools, and best practices of contract negotiations for both buyers and sellers. The seminar is intended for everyone involved in planning, conducting, and documenting contract negotiations, in both the public and private business sectors. The seminar includes: case studies, individual and team exercises, and lecture/discussions, all designed to help each individual improve their contract negotiations skills. Every attendee will receive a copy of the BestSelling – Gregory A. Garrett’s newest book “Contract Negotiations: Skills, Tools, and best Practices.” Reserve the date! May 11, 2006 ============================================ Additionally, the Contract Management magazine and Contract Journal have become invaluable tools for me to keep current and to learn new techniques that my current job duties might not provide me. The NCMA workshops, also and especially like the Boston Chapter’s Annual March Workshop, have remained a great source of information and networking with others in the acquisition field. Without a doubt in my opinion, having been to several workshops for other organizations over the years, I would say that the Boston Chapter’s March Workshop is one of the best (if not the best) in the country. And what’s more, the folks that teach at the March Workshop are not only the icons of the acquisition world both in industry and government, but they are the real practitioners who do government and commercial acquisitions every day. They are the experts in the field and they are willing to share their knowledge. How much better can you get? That’s what NCMA means to me. ===================================================== TENTIVE Chapter Schedule DATE Sept. 20 (Joint NDIA) Oct. 9 or 20 Nov. 2 (Lunch ) Dec. 8, 2005 Mar. 15, 2006 May 11, 2006 SPEAKER Frank Lalumiere Rumbaugh Tim Malishenko Neal Coulture TOPIC SBA Commercial TBD TBD MARCH WORK SHOP NES Negotiations National News, Events, & Meetings 5th Annual Commercial Contract Management Conference October 17-18, Renaissance Atlanta Downtown, Atlanta, GA 24th Annual Government Contract Management Conference December 5-6, Sheraton Premiere at Tysons Corner, Vienna, VA World Congress 2006 April 10-12, 2006, Hyatt Regency Atlanta, Atlanta, GA NES: New & Improved! Providing our members with training they need to perform their daily functions in contract management is a critical national and chapter resource. This training takes planning, development, time, and most of all, money-. We have eight seminars, such as "Award-Term Contracting" and the popular "Contract Negotiations" seminars. On January 6, 2006, our newest seminar will be available: "Performance-Based Acquisition: Pathways to Excellence," by renowned author, Gregory A. Garrett. Contact Natalie Vien for details on NES training sessions at nvien@ncmahq.org, or 800/3448096, ext. 437.