Cost Estimating and Price Analysis Specialist

XLA•Washington, DC

20h

About The Position

Serves as the primary SME responsible for delivering comprehensive cost and pricing support across the full spectrum of FRTIB contractual instruments — from micro-purchases through large contracts, including Government Purchase Cards, Interagency Agreements, BPAs, Task/Call Orders, and all federal contract types.

Requirements

Extensive experience in federal government cost estimating and price analysis
Demonstrated expertise in developing IGCEs using parametric, analogy, engineering, and/or actual cost methodologies
Experience drafting cost proposal instructions and evaluating cost/price proposals in competitive procurements
Strong knowledge of FAR Part 15 cost/price analysis requirements, FAR Part 31 cost principles, and price reasonableness evaluation techniques
Experience supporting Contracting Officers in pre-award and post-award cost/price determinations
Proficiency in spreadsheet modeling and cost database development (Excel advanced)
Ability to compile, analyze, and present historical cost data trends
Strong analytical and written communication skills

Responsibilities

Develop Independent Government Cost Estimates (IGCEs) using commonly accepted cost estimating methodologies
Identify appropriate cost estimating approaches relative to procurement nature and size
Draft cost proposal preparation instructions for RFQs and RFPs, including sample cost exhibits
Develop price evaluation plans
Review and analyze cost proposals, quotations, and bids for pre-award price/cost analysis
Compile and maintain Agency historical cost data to support development of an FRTIB cost database
Review contractor pricing submissions for all pricing components
Validate option pricing prior to exercise for currency and reasonableness
Assist with cost/price analyses related to contract terminations
Review, maintain, and recommend improvements to FRTIB's cost estimating structure