Detailed Estimating Methodology Clause Samples

Detailed Estimating Methodology. The Offeror shall provide a detailed cost estimating methodology section that provides the detailed rationale and documentation of hours, material and purchased items needed by the Government to assess the credibility and executability of the proposal. The Offeror shall describe the estimating technique in sufficient detail to enable the Government to replicate the Offeror’s estimating technique. If parametric simulation or statistically derived models are used, statistical measures of confidence, prediction capability, and fit should be provided for independent and dependent variables, as well as the raw data and source(s) of this raw data.