The Independent Government Cost Estimate and the Statement of Work Research Paper

The autonomous presidential term Cost account and the Statement of Work - Research Paper ExampleThe report evaluates the importance of the importance of the IGCE and provides reasons for confidentiality of the IGCE. It also proposes actions that should be taken in order to maintain the confidentiality of the IGCE. The report also provides a detailed equal melodic theme for the project. In this report, the types of statement of work (SOW) in regard to compatibility with this learn have been evaluated to determine the most provide type of statement of work (SOW) for this deal. Importance of the IGCE The unconditional Government Cost thought is very cardinal in the acquisition process. This is because the case-by-case Government Cost suppose provide assist in determine the rationality of a contractors cost and technical proposals and gain assurance that there is a congruence in ideas between the Federal Governments contract awarding office and contract vendors pertaining t o the scope of the contract. Secondly, the fencesitter Government Cost Estimate go forth assist in developing and presenting the set up of the Government. An Independent Government Cost Estimate is normally based on actual costs (NAVSEA, 2013). Third, when an Independent Government Cost Estimate is in place, it testament help to avoid or to alleviate against major(ip) risks and adverse consequences. This go forth improve the probability of purchase and project success. Furthermore, the Independent Government Cost Estimate will enable resource managers to plan and budget confidently because it offers a reasonable assurance of cost. It will determine the selection of sources because it acts as a baseline for cost or price evaluation (Ipsaro, 2011). This is what will help in the determination and choice of the right offeror. An Independent Government Cost Estimate helps the Government in cost estimation and supports government defense if a vendor loses the competition and protest s the decision (Ipsaro, 2011). This Independent Government Cost Estimate will be used to speed up the process of contract award because it a solid Independent Government Cost Estimate. The Independent Government Cost Estimate is important because it will be used by contracting officers technical representatives to approximate a reasonable cost or price of a contract modification when changes in scope occur during the contracts period of performance. Contracting officers technical representatives monitor a contracts cost or budget schedule during a contracts politics (Ipsaro, 2011). Further, this Independent Government Cost Estimate will be essential in estimating contract cost with accuracy and confidence. This is because the Independent Government Cost Estimate will use market research to welcome data that will be used for price analysis. Such market research data will include labor standards, analysis of cost trends for direct labor and material, to avoid past inefficiencies cr eeping into the proposal. The Independent Government Cost Estimate will determine whether the elements of the offeror are realistic for the work to be performed. It will also help in determining and establishing whether offerors reflect a clear understanding of the requirements of the contract. Third, the Independent Government Cost Estimate will help in establishing the consistency of the contractors with the unique methods of performance and materials that will be described in the offerors technical proposals (Engelbeck, 2002). Finally, the Independent