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OCT Consulting LLC

Cost Estimating, Price Analysis SME

OCT Consulting LLC

. Independent Government Cost Estimates (IGCEs): Identifying appropriate cost estimating approaches relative to the nature and size of the procurement; Collaborating with client offices to develop IGCEs using commonly accepted methodologies; Supporting Agency Offices and Contracting Officers in preparing cost evaluation plans and assisting with subsequent evaluation of proposals, quotations, and bids.

Posted 4/21/2026full-timeRemote • District of Columbia, Washington • 🇺🇸 United StatesSeniorLead💰 $100,000 - $120,000 per yearWebsite

About the role

Key responsibilities & impact
  • Independent Government Cost Estimates (IGCEs): Identifying appropriate cost estimating approaches relative to the nature and size of the procurement; Collaborating with client offices to develop IGCEs using commonly accepted methodologies; Supporting Agency Offices and Contracting Officers in preparing cost evaluation plans and assisting with subsequent evaluation of proposals, quotations, and bids.
  • Cost Proposal Preparation: Drafting cost proposal preparation instructions for solicitations. This includes recommending sample cost exhibits and instructions that facilitate equitable evaluation of costs across multiple proposals, quotations, or bids.
  • Proposal, Quotation, and Bid Evaluation: Developing price evaluation plans; Reviewing and analyzing cost proposals, quotations, and bids; Providing pre-award price and cost analysis support to ensure fairness and reasonableness.
  • Cost and Price Contract Administration Support: Compiling and maintaining Agency historical cost data to support development of a cost database; Reviewing Contractor submissions for all pricing components; Validating option pricing prior to exercise to ensure currency and reasonableness; Assisting Contracting Officers with cost and price analyses related to contract terminations; Updating and maintaining necessary files and documentation.
  • Process Improvements: Review, maintain, and recommend improvements to the client’s cost estimating structure to enhance efficiency, accuracy, and consistency.

Requirements

What you’ll need
  • Bachelor's degree in Accounting, Finance, Economics, Business Administration, or related field
  • 10+ years of experience in federal government contracting, specifically focused on cost and price analysis
  • At least 5 years of direct experience performing complex cost analysis for diverse contract types (Fixed Price, Cost-Reimbursement, T&M)
  • DAWIA or FAC-C Level II or III in Contracting (Highly Desired)
  • Certified Cost Estimator/Analyst (CCEA) from the International Cost Estimating and Analysis Association (ICEAA) (Preferred)
  • Deep understanding of FAR regulations and Cost Account Standards (CAS)
  • Proven ability to build Independent Government Cost Estimates (IGCEs) from scratch
  • Advanced proficiency in Excel is preferred
  • Ability to obtain and maintain required security clearance; background investigation may involve credit, fingerprint, and law enforcement agency checks
  • Fully remote/telework position with requirement to use camera during Microsoft Teams meetings when directed

Benefits

Comp & perks
  • Medical, Dental, and Vision insurance
  • Retirement savings 401K plan provided by an industry leading provider with 3% employer contributions of the employee’s gross salary
  • Paid Time Off and Standard Government Holidays
  • Life Insurance, Short- and Long-Term disability benefits
  • Training Benefits

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools
cost analysiscost estimatingprice evaluationcost proposal preparationcontract administrationdata analysiscost database developmentfinancial analysiscomplex cost analysisExcel
Soft Skills
collaborationcommunicationorganizational skillsattention to detailproblem-solving
Certifications
DAWIA Level II or III in ContractingFAC-C Level II or III in ContractingCertified Cost Estimator/Analyst (CCEA)