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

The Independent presidential term price count and the Statement of Work - seek 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 expound cost estimate for the project. In this report, the types of statement of attain (SOW) in regard to compatibility with this contract have been evaluated to determine the most appropriate type of statement of work (SOW) for this contract. Importance of the IGCE The Independent government salute cipher is very important in the acquisition process. This is because the Independent Government Cost melodic theme will instigate in determining the rationality of a contractors cost and proficient proposals and gain assurance that there is a congruence in ideas betwixt the Federal Governments contract awarding office and contract vendors pe rtaining to the scope of the contract. Secondly, the Independent Government Cost Estimate will assist in developing and presenting the position 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 will help to avoid or to alleviate against major risks and adverse consequences. This will 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 protests the decis ion (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 estimate 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 administration (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 mart research to obtain data that will be used for price outline. Such market research data will include labor standards, analysis of cost trends for direct labor and material, to avoid past inefficiencies creeping into th e proposal. The Independent Government Cost Estimate will determine whether the elements of the offeror are possible 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