Overview
JST is currently seeking a Cost Estimating & Price Analysis Support SME to join our team. The SME shall serve as the primary resource responsible for delivering comprehensive cost/pricing support across the full spectrum of FRTIB contractual instruments, including but not limited to micro‑purchases, simplified acquisitions, large contracts, Government Purchase Cards, Interagency Agreements, BPAs, Task Orders, Call Orders, and all federal contract types. Support includes assisting with Independent Government Cost Estimates (IGCEs), drafting proposal preparation instructions for RFQs and RFPs, and reviewing cost and price proposals, quotations, and bids submitted in response to announced procurements.
This is a full-time remote position. JST offers a full benefit package, a collaborative work environment and strong company culture. Veterans and military spouses are encouraged to apply. This position is contingent upon contract award.
Cost Estimating & Price Analysis Support SME Responsibilities
- Illustrative historical activity includes approximately 120 cost and pricing actions per year, including:
- Independent Government Cost Estimates (IGCEs)
- Price analysis memoranda
- Cost realism or reasonableness support
- Assist in the development and application of Agency cost estimates by:
- Identifying appropriate cost estimating approaches relative to the nature and size of the procurement.
- Collaborating with FRTIB offices to develop IGCEs using commonly accepted methodologies.
- Supporting Agency Offices and Contracting Officers in preparing cost evaluation plans and assisting with subsequent evaluation of proposals, quotations, and bids.
- IGCEs are typically required for actions above the Simplified Acquisition Threshold (SAT).
- Must provide advisory and assistance support to Contracting Officers in drafting cost proposal preparation instructions for solicitations. This includes recommending sample cost exhibits and instructions that facilitate equitable evaluation of costs across multiple proposals, quotations, or bids.
- Must support the Contract Operations division by:
- Developing price evaluation plans.
- Reviewing and analyzing cost proposals, quotations, and bids.
- Providing pre-award price and cost analysis support to ensure fairness and reasonableness.
- Provide advisory and assistance support during contract administration, including:
- Compiling and maintaining Agency historical cost data to support development of an FRTIB cost database.
- Reviewing Contractor submissions for all pricing components.
- Validating option pricing prior to exercise to ensure currency and reasonableness.
- Assisting Contracting Officers with cost and price analyses related to contract terminations.
- Updating and maintaining necessary files and documentation.
- Review, maintain, and recommend improvements to the program's cost estimating structure to enhance efficiency, accuracy, and consistency. Any improvements and/or recommendations will be submitted to the COR
Cost Estimating & Price Analysis Support SME Qualifications
- 10+ years of extensive experience in federal cost estimating, price analysis & acquisition support.
- Bachelor's degree in finance, economics, business, acquisition or a related field.
- Strong knowledge of FAR related to cost and price analysis.
- Experience developing Independent Government Cost Estimates (IGEs) and conducting cost realism & price reasonableness analyses.
- Strong analytical and quantitative skills, with the ability to interpret complex financial data.
Required Clearances and Screenings
- MUST have a Public Trust clearance
- MUST be able to pass a US Government Security Clearance
About Joint Strategic Technologies (JST)
No objective is beyond reach! Joint Strategic Technologies (JST) enables successful mission outcomes from the back office to the battlefield. Our team includes leading experts from military, government and the private sector, all working together to help federal customers make a difference. Our goal is to Elevate the Impact that our employees have on our customers and treat every employee as a valued member of our team. JST empowers employees to make decisions and take-action, thus improving overall organizational growth and employee development.
Culture isn't something you talk about. It's something you do. JST is committed to creating a positive environment 'that reaches beyond work and careers' to support every employee's professional and personal objectives. JST values the well-being of every employee and encourages healthy lifestyles, family activities and community involvement.
JST is a proud equal opportunity employer. All qualified applicants will be considered for employment without attention to age, race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. JST will not tolerate discrimination or harassment.