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Cost Estimating and Price Analysis SME
ARETUM. Provide day-to-day cost estimating and price analysis support for federal acquisitions across micro-purchases, simplified acquisitions, large contracts, BPAs, task orders, call orders, interagency agreements, and all federal contract types.
About the role
Key responsibilities & impact- Provide day-to-day cost estimating and price analysis support for federal acquisitions across micro-purchases, simplified acquisitions, large contracts, BPAs, task orders, call orders, interagency agreements, and all federal contract types.
- Serve as the primary cost and pricing resource supporting acquisition planning, solicitation development, evaluation, award, and contract administration activities.
- Assist in development of Independent Government Cost Estimates (IGCEs) using appropriate estimating methodologies relative to procurement type, size, and complexity.
- Collaborate with program offices, contracting officers, and acquisition personnel to develop accurate and well-documented cost estimates.
- Support preparation of cost evaluation plans and assist with evaluation of cost proposals, quotations, and bids.
- Provide advisory support in drafting cost proposal preparation instructions for RFQs and RFPs, including recommended cost exhibits and instructions to facilitate equitable evaluation.
- Review and analyze contractor cost proposals, quotations, and bids to support price reasonableness, cost realism, and cost reasonableness determinations.
- Develop and document pre-award cost and price analysis, including price analysis memoranda.
- Provide post-award cost and price analysis support during contract administration.
- Compile, maintain, and analyze historical cost data to support development and maintenance of an agency cost database.
- Review contractor pricing submissions, including option year pricing, to validate currency and reasonableness prior to exercise.
- Assist contracting officers with cost and price analyses related to contract modifications and terminations.
- Maintain complete, accurate, and auditable documentation in accordance with federal acquisition requirements.
- Review, maintain, and recommend improvements to cost estimating and pricing processes to enhance efficiency, accuracy, and consistency.
- Document and submit process improvement recommendations to the Contracting Officer’s Representative (COR).
Requirements
What you’ll need- Bachelor’s degree in Business, Finance, Accounting, Economics, or a related field.
- Minimum 8 years of relevant federal cost estimating and price analysis experience, including IGCE development and cost proposal evaluation.
- Demonstrated experience supporting cost and price analysis across multiple federal contract types.
- Experience developing IGCEs using commonly accepted federal cost estimating methodologies.
- Experience reviewing and evaluating cost proposals, quotations, and bids for reasonableness and realism.
- Working knowledge of the Federal Acquisition Regulation (FAR) and applicable acquisition guidance.
- Proficiency with cost analysis tools, spreadsheets, and financial modeling techniques.
- Ability to clearly document analyses and communicate findings to contracting and program stakeholders.
- Public Trust eligibility required.
- Experience supporting high-volume acquisition environments (100+ actions annually).
- Experience supporting civilian federal agencies.
- Experience developing or maintaining historical cost databases.
- DAWIA, FAC‑C, or cost analysis–related certifications.
Benefits
Comp & perks- Health Care Plan (Medical, Dental & Vision)
- Retirement Plan (401k)
- Life Insurance (Basic, Voluntary & AD&D)
- Paid Time Off
- Family Leave (Maternity, Paternity)
- Short Term & Long-Term Disability
- Training & Development
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
cost estimatingprice analysisIndependent Government Cost Estimates (IGCEs)cost proposal evaluationcost analysisfinancial modelingcost database developmentcost realismcost reasonablenessacquisition planning
Soft Skills
communicationcollaborationdocumentationprocess improvementadvisory supportanalytical thinkingattention to detailorganizational skillsstakeholder engagementproblem-solving
Certifications
DAWIAFAC-Ccost analysis-related certifications