Verification of Estimating System
Budget: $250 – $750 USD
The federal government has released its long-awaited Request for Proposal (RFP) for the Chief Information Officer – Solutions and Partners (CIO-SP4) program on May 25, 2021. Phase I of the evaluation of offeror proposals will consist of validation of the offeror’s completed self-scoring sheet and ranking the offerors based on this scoring. Only the highest rated offerors will advance to phase 2 of the evaluation. Accordingly, every point counts!
As part of the self-scoring, offerors can award themselves points for an acceptable estimating system. However, to receive these points, the offeror will be required to provide proof that their systems are acceptable by a third-party CPA. We are seeking a CPA who will work with our CFO to draft a signed letter confirming our accounting system is an acceptable estimating system.
An Acceptable Estimating System means:
(1) Is maintained, reliable, and consistently applied; (2) Produces verifiable, supportable, documented, and timely cost estimates that are an acceptable basis for negotiation of fair and reasonable prices; (3) Is consistent with and integrated with the Contractor’s related management systems; and (4) Is subject to applicable financial control systems.
As part of the self-scoring, offerors can award themselves points for an acceptable estimating system. However, to receive these points, the offeror will be required to provide proof that their systems are acceptable by a third-party CPA. We are seeking a CPA who will work with our CFO to draft a signed letter confirming our accounting system is an acceptable estimating system.
An Acceptable Estimating System means:
(1) Is maintained, reliable, and consistently applied; (2) Produces verifiable, supportable, documented, and timely cost estimates that are an acceptable basis for negotiation of fair and reasonable prices; (3) Is consistent with and integrated with the Contractor’s related management systems; and (4) Is subject to applicable financial control systems.
Related categories:
Certified Public Accountant