Developing the Independent Government Cost Estimate

The Independent Government Cost Estimate (IGCE) is the Government’s in-house estimate for forecasting the projected cost of acquiring supplies or services. Under competitive market conditions, competing offers ensure the receipt of quality supplies and services at fair prices. The IGCE assists in determining the Government’s acquisition strategy and avoiding under-estimating costs that may result in inadequate funding, delayed contract performance, and ineffective negotiations with Contractors.

·         Identify the process for developing an independent Government cost estimate

·         Justify acquisition planning budget requests

·         Use reliable and current data sources

·         Demonstrate cost realism

·         Reinforce evaluations and award decisions