There are many ways to estimate costs. The most common method is the discrete estimate method where, for example, a bill of material is created and vendor quotations are obtained to determine costs. Another method used – especially by large firms with ample historical data and a significant volume of proposals – is “parametrics”.
Source: PNWC’s Government Contracting Update: Parametric Cost Estimating Techniques
New Regulation Formalizes Ombudsman Practice and Identity for IDIQ Contracts
An ‘ombudsman’ is an official charged with addressing and/or investigating the interests of individuals’ or companies’
