The incumbent works within the Cost and Price Analysis Services Division, planning and performing cost analysis on the various elements of contractor proposals and claims, under the minimal direction of a manager or more experienced professional.Learn more about this agency
Incumbent reviews in detail the significant direct and indirect cost elements such as material, labor overhead, general and administrative expense, and other costs for allowability, allocability, and reasonableness on contract cost and price proposals. He/she may act as a contributing analyst, project manager or team leader on large projects/programs or work activities.
Applies experience and comprehensive knowledge applicable to cost and price analysis to plan and conduct functional activities for projects/programs. Assignments frequently require knowledge and experience working across functional and/or organizational lines. Independently plans time. Identifies, plans, and organizes available resources to accomplish projects/programs/activities. Makes optimal use of resources to complete activities within established schedules.
Typical assignments may include: providing guidance to less-experienced professionals; leading small project/program teams; plan and performing price analysis where contractor proposed prices are examined without evaluating separate cost elements and profit/fee (e.g. price comparison of competitive offers, prior contract prices with current proposed prices for similar items, comparison with Independent Government Cost Estimates, etc.); designing and recommending solutions to complex problems; and develop and recommend improvements to systems and/or processes to improve operational efficiency.
Utilize economic, statistical, accounting, and financial analysis principles and techniques (e.g. random sampling, learning curves, cost models, etc.) necessary to evaluate price/cost proposal data to determine reasonableness of all cost elements and/or prices.
Evaluate and integrate into cost/pricing reports the technical evaluations of contractor proposals to determine realism of proposed costs in terms of risk and contractor's technical approach. Prepare reports of findings, determinations, and conclusions reached, which reflect the comprehensive review and evaluation of the total pricing team effort, incorporate and address audit report results, support development of negotiation objectives for the contracting officer, and make recommendations as to fair and reasonable prices/costs.
Review and evaluate contract price proposals for adequacy and compliance with laws and regulations and with the Cost Accounting Standards (CAS). Participate on product teams, special price/cost analysis teams, and source selection teams. Lead cost/price evaluation teams.
Contacts are internal and external. May be called upon to communicate FAA positions on policies and procedures internally and externally. Assist the Financial Administrative Contracting Office (FACO) in negotiating indirect rates for Forward Pricing Rate Agreements (FPRAs) and final rate settlements for contractors when FAA is the cognizant federal agency and reviews Defense Contract Audit Agency (DCAA) for adequacy. Assist in developing and conducting briefings and trainings for contracting personnel on a periodic basis for cost/price related issues and serves as Subject Matter Expert on laws, regulations, and contract matters related to cost and pricing issues.
Established policies/procedures provide guidance for most assignments, but allow considerable discretion for employee to select the most appropriate approach(es) or develop new approaches. Assignments regularly require interpretations of internal and external policies and extrapolations from precedents. Resolves most problems and work issues without the assistance of a manager or other professionals. Develops and recommends approaches to address current and anticipated problems and issues. Works with management to solve problems.
Occasional travel - The job may require travel from time- to-time, but not on a regular basis. The travel may be for training or other work-related duties.
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This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/553882900. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.