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Cost Estimating and Price Analysis Specialist

Washington, D.C.

Position Overview

Serves as the primary SME responsible for delivering comprehensive cost and pricing support across the full spectrum of FRTIB contractual instruments — from micro-purchases through large contracts, including Government Purchase Cards, Interagency Agreements, BPAs, Task/Call Orders, and all federal contract types.

Key Responsibilities

  • Develop Independent Government Cost Estimates (IGCEs) using commonly accepted cost estimating methodologies
  • Identify appropriate cost estimating approaches relative to procurement nature and size
  • Draft cost proposal preparation instructions for RFQs and RFPs, including sample cost exhibits
  • Develop price evaluation plans
  • Review and analyze cost proposals, quotations, and bids for pre-award price/cost analysis
  • Compile and maintain Agency historical cost data to support development of an FRTIB cost database
  • Review contractor pricing submissions for all pricing components
  • Validate option pricing prior to exercise for currency and reasonableness
  • Assist with cost/price analyses related to contract terminations
  • Review, maintain, and recommend improvements to FRTIB's cost estimating structure

Required Qualifications

  • Extensive experience in federal government cost estimating and price analysis
  • Demonstrated expertise in developing IGCEs using parametric, analogy, engineering, and/or actual cost methodologies
  • Experience drafting cost proposal instructions and evaluating cost/price proposals in competitive procurements
  • Strong knowledge of FAR Part 15 cost/price analysis requirements, FAR Part 31 cost principles, and price reasonableness evaluation techniques
  • Experience supporting Contracting Officers in pre-award and post-award cost/price determinations
  • Proficiency in spreadsheet modeling and cost database development (Excel advanced)
  • Ability to compile, analyze, and present historical cost data trends
  • Strong analytical and written communication skills

Performance Standard

≥95% of IGCEs and analyses accepted without substantive correction. Maximum remediation: 5 business days.

 

EEO Statement

XLA is committed to the full inclusion of all qualified individuals and is an equal opportunity employer committed to supporting equality and integrity in the workplace, professional development and education, and an entrepreneurial atmosphere.  

We encourage qualified individuals with disabilities to apply. If a reasonable accommodation is needed to participate in the job application or interview process or to perform essential job functions, please contact our HR team by phone at 703-584-8317 or via email at humanresources@xla.com. For persons who are deaf, hard of hearing, deafblind, or deaf-disabled, XLA will provide an American Sign Language (ASL) interpreter where needed as a reasonable accommodation for the hiring processes.

We are proud to be an EEO/VETERAN EMPLOYER.

All qualified applicants will receive consideration for employment without regard to their protected veteran or disabled status and will not be discriminated against for self-identifying with either category

 

 

 

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