What does the independent government estimate include?
The IGCE consists of the anticipated costs to include direct costs (labor, products, equipment, travel, and transportation), indirect costs (burden on labor such as fringe benefits and labor overhead), material overhead, general and administrative (G&A) expenses, and profit.
What is an independent cost estimate?
An ICE is an independent assessment of what you would expect to pay for goods or services, based on a reliable sources, such as paid historical prices, industry standard, or market survey. Subrecipients may also request informal cost estimates from suppliers or manufacturers when developing and ICE.
What is an independent government estimate Ige CLC 222?
What is an Independent Government Estimate (IGE)? An independent detailed assessment developed by a government team member… A Statement Of Work should include the following: The work to be performed, location of work, period of performance, deliverable schedule, any special requirements.
What is an independent government estimate Ige?
An Independent Government Estimate (IGE) is an unbiased cost estimate based upon the specifications and without the influence of potential contractor’s marketing effort or input.
What are the three elements of a properly written performance requirements Summary PRS )?
Why is an Igce required?
The IGCE is a required evaluation tool in DISA source selections. As such its integrity is critical, and the PMO shall be responsible for ensuring that appropriate technical and cost and price analysts are involved in its development.
What are the different types of government contracts?
Federal government contracts are commonly divided into two main types, fixed-price and cost-reimbursement. Other contract types include incentive contracts, time-and-materials, labor-hour contracts, indefinite-delivery contracts, and letter contracts.
Who prepares the cost Analysis Requirements Description?
The Federal Program Manager (FPM) prepares and delivers the draft CARD to the Office of Cost Estimating and Program Evaluation (CEPE) no later than 180 days before the program milestone for which a CEPE Independent Cost Estimate (ICE) or Independent Cost Review (ICR) is required. 2.
What is an independent government estimate Ige quizlet?
What is an Independent Government Estimate (IGE) Independent Government Estimate (IGE) or an Independent Government Cost Estimate (IGCE). Government’s estimates of the resources and the costs of those resources a prudent Contractor will incur to provide the goods and/or services.
What is the difference between a PWS and Soo?
Performance Work Statement (PWS) vs. Statement of Objective (SOO) The SOO is a Government prepared document that provides the basic, high-level objectives of the acquisition. It is provided in the solicitation in lieu of a government written Performance Work Statement (PWS).
How do you make a PWS?
To create the actual PWS it is best to use an established template from your organization or from a legal entity. Since you already have the task and the content defined it should be an easy step to plug in your content. A template also makes sure you are addressing all legal questions and you didn’t is any content.