Contracting Officer

Outsource Consulting Services
US - Tennessee - Oak Ridge
October 11, 2024
Accounting

Seeking a Contracting Officer to support our federal government client in Oak Ridge, TN.Requirements:

The Contractor will perform the Statement of Work (SOW) for Price/Cost Analysis of Project Proposals.

1. Project OverviewObjective: This Statement of Work (SOW) is for assistance in performing a comprehensive cost analysis of project proposals to ensure that the subcontractor's proposed amount is fair, reasonable, and aligns with industry standards. This SOW explains the documents that the client will provide to the Seller for execution of this scope (i.e., proposal reviews) and what the Seller will be provided to document the proposal analysis.

2. Tasks and Deliverables2.1. Proposal Review

Proposal Documents Review: Analyze the proposal documents, including the subcontractor's proposal, pricing, detailed cost breakdown, and any other supplementary documentation.
Scope of Work Comparison: Verify that the proposal covers the complete scope of work as outlined in the project specifications and drawings.

2.2. Cost Breakdown Analysis
The following are price or cost elements that may be included in the subcontractor proposals. Not all elements may be present in a proposal submitted to the Seller for review.

Direct Costs:

Labor Costs: Analyze the proposed labor rates and estimated labor hours to determine the if the proposed rates are reasonable. Compare with industry standards and local wage rates.
Material Costs: Evaluate the proposed cost of materials, including quantity and unit price to determine if they are reasonable in price and necessary to execute the scope. Cross-check with market prices and supplier quotes.
Subcontractor Costs: Review lower-tier subcontractor quotes/bids and ensure they are reasonable and within industry norms.

Indirect Costs:

Overhead: Examine the subcontractor's overhead percentage and compare it with typical overhead rates for similar projects to determine if they are reasonable.
General Conditions: Analyze costs related to project management, site facilities, and other general conditions to determine if they are reasonable.

2.3. Profit Margin Evaluation

Profit Percentage: Review the subcontractor's proposed profit margin applied and compare it with standard profit margins for similar projects.

2.4. Price Analysis
Price shall be analyzed to determine the overall fairness and reasonableness based on current market and economic conditions. When available, the Seller may use the following:

Established catalog or published prices.
Established market prices.
Historical data for similar items/projects in the region.
Comparison to other prices received in response to the Solicitation.
Use of parametric estimating methods.
Other information needed to determine the reasonableness or realism of a proposed price.

2.5. Benchmarking and Comparison
The following are possible approaches the Seller may use while conducting proposal reviews. When available, Seller will:

Historical Data: Compare the proposal with historical cost data from similar projects in the region.
Industry Standards: Cross-reference the proposal with industry benchmarks and cost databases.
Supplier Quotes: Obtain and review quotes from suppliers and subcontractors for critical components.

2.6. Risk and Contingency Analysis (as needed)
In some instances, the Seller may be requested to provide an analysis on risk/contingency during a proposal review. This may include:

Risk Assessment: Identify potential risks and uncertainties that may impact costs and assess if adequate contingencies have been included.
Contingency Analysis: Evaluate the contractor's contingency allowance and compare it with typical contingency percentages.

2.7. Report PreparationCost Analysis Report: Seller shall prepare a detailed report outlining its cost analysis of the proposals submits. The report should include:

A summary of the proposal review, which shall include Seller's final position on whether the proposal price/cost is fair and reasonable.
Detailed breakdowns of direct and indirect costs.
Comparison with industry standards and historical data.
Risk and contingency analysis.
Recommendations for adjustments or negotiations, if necessary.
Documentation supporting Seller's analysis and final position or recommendation.

Presentation: On more complex or larger project proposals, Seller may be requested to provide a presentation of findings to stakeholders, including visual aids and summary data.

3. Assumptions and Constraints

The analysis will be based on the proposal documents provided and any additional information supplied by from its subcontractor.
Access to relevant data, historical cost information, and market prices will be available from resources Seller has or can obtain.
The scope for specific project proposal reviews may need adjustments based on new information or specific requirements from stakeholders.

NOTE:US Citizenship is required to perform this SOW.Additional Information:

OUTSOURCE Consulting Services, Inc. (OCSI.co) embraces equal opportunity. We are dedicated to building an inclusive workforce that embodies a diversity of experiences, views, and skill sets.

To learn more about OCSI.co, please visit our corporate website at ocsi.co. Thank you for your interest in our jobs. We look forward to seeing your resume!

Note:We are unable to sponsor H1B Visa's and/or subcontract to Third Party Vendors.

Read the full job description and apply online on the recuiter's web-site

Contracting Officer

Contracting Officer

Find Jobs Hiring Now Near You!

Get Jobilize Job Search Mobile App Now

Related Job Postings

Physical Therapist

Physical Therapist

Physical Therapist

PT - Physical Therapist

PT - Physical Therapist

PT - Physical Therapist

Physical Therapist

Physical Therapist

PT - Physical Therapist

PT - Physical Therapist

Physical Therapist

Physical Therapist

PT - Physical Therapist

PT - Physical Therapist

Physical Therapist

Physical Therapist

Physical Therapist

Physical Therapist

Physical Therapist

Physical Therapist

PT - Physical Therapist

Physical Therapist

Physical Therapist

PT - Physical Therapist

Physical Therapist

Physical Therapist

Physical Therapist