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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. This sample is for informational purposes.
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).
Independent Government Cost Estimate (IGCE)--Handbook for Services Acquisition. The Government develops the IGE without bias and typically without contractor input, and when done correctly, it is directly tied to comprehensive market research.
The Independent Government Cost Estimate (IGCE) creation tool allows individuals to build an IGCE using fully loaded labor rates from the CALC Tool, you can now easily build up your own labor rates by selectively adding indirect costs to base labor rate(s) you enter yourself.
The Independent Government Cost Estimate (IGCE), commonly referred to as the USAID Budget, is the U.S. Government’s estimate of costs that a contractor/recipient may incur in performing services and/or providing supplies to achieve the Government’s objectives.
IGCE Templates and Worksheets: General Services Administration (GSA) has tools that can assist with developing an IGCE at https://buy.gsa.gov/pricing. Amazon Web Services Simple Calculator. Microsoft Azure Pricing Calculator.
In the Independent Government Cost Estimate, the overhead rate is applied to the summation of the base direct labor rate plus the fringe benefit costs. In the Independent Government Price Estimate, the overhead rate is included in the loaded direct labor rate.
The guidance in this document provides general information on roles and responsibilities, types of estimates, methodologies for developing an estimate and a template that can be used to create an estimate. IGCE costs typically include direct costs: such as labor, fringe benefits, FICA, supplies, equipment, or transportation; and indirect costs ...
Independent government cost estimates (IGCE)—the government’s best estimate of a contract’s potential costs— are an important tool throughout the process of planning and awarding service contracts. The IGCE supports efforts to ensure that the cost of meeting the government’s requirements for the good or service being acquired are known.
“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.