The Independent Government Cost Estimate (IGCE) has the primary function of providing the contracting officer with an unbiased, realistic cost estimate for what is being purchased. It is the contracting officer's job to ensure that the final contract price is both fair and reasonable, achieving both a best value and a shared risk contract between government and suppliers. Well-documented IGCEs provide contracting officers with essential program knowledge needed to evaluate and negotiate contract proposals. Poor IGCEs can sub-optimize a program, wastes resources, and may lead to contractor failure or default.
See also: Pricing
|AETC IGE Guide & Training|
|Government Estimate Training (Silver Flag)|
|Government Estimates Primer (50 CONS)|
|USA TRADOC IGE Guide|
|AFCESA Competitive Sourcing Website|