Igce Template Excel Form
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Handy tips for filling out Independent government cost estimate template online
Quick steps to complete and e-sign Independent government cost estimate online:
- Use Get Form or simply click on the template preview to open it in the editor.
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People also ask
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Who prepares the IGCE?
The contracting officer's representative (COR) prepares the IGCE. The estimate remains confidential between the COR and the contracting officer. The U.S. Government may not provide this information to contractors unless the CO determines it to be appropriate during negotiations or debriefings. -
What is independent cost estimates?
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. -
Who is responsible for developing the IGCE?
The IGCE is a cost estimate developed by the Government Requiring Activity, based on the requirements of the Performance Work Statement (PWS) or Statement of Work (SOW). An IGCE is required for every new acquisition that exceeds the simplified acquisition threshold (SAT). -
Who prepares the independent government estimate?
In the government construction environment, the IGE is generally prepared by either the Government's own design engineer or estimator, or by the Architectural & Engineering firm that prepared the design. -
What items to consider during the development of IGE include?
An IGE for a service contract should contain the following elements of cost: (1) Classification of employees required to complete the job. (2) Number of direct hours required by each class of employee to complete the job. (3) Wage rates for each class of employee. (4) Labor burden. -
What is an IGCE in contracting?
The IGCE is the Government's estimate of the resources and projected cost of the resources a. contractor will incur in the performance of a contract. -
What is an IGCE used for?
The Independent Government Cost Estimate (IGCE ) is used to assist in the determination of the acquisition strategy, as well as an estimated cost for the proposed effort. -
What is the purpose of an independent government cost estimate?
“Independent government estimate (IGE),” as used in this subpart, means the Government's estimate of the projected price or cost that a contractor would incur in the successful performance of a contract.
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