Cost Price Analyst - Federal Acquisition Service

Summary

As a Cost Price Analyst, you will be responsible for the performance of contract price and cost analysis for a variety of proposed procurements, supplemental procurements, contract changes, claims, terminations and other contractual actions

Location of position: Federal Acquisition Service, Information Technology Category at one of the locations listed.

We are currently filling two vacancies, but additional vacancies may be filled as needed.

Duties

• Analyzes and evaluates estimated cost for reasonableness, reviewing in detail the significant direct/indirect cost elements of material labor, overhead, general and administrative expenses, facilities, engineering and other costs that extend over the life of the contract. Analyzes costs for allowability, allocability, and reasonableness. Provides detailed documentation on the contractor's methodology in arriving at the proposed cost. Thorough and comprehensive analysis generally establishes the basis for the final price negotiation. Prepares written analysis and supporting rationale to document findings and recommendations.
• Performs analysis of contractor's projected estimated cost for reasonableness and fairness. Evaluates contractor responsibility, analyzes past performance and costs of previous procurements, and compares standards or other techniques for the same or similar work. Assesses the contractor's experience, technical ability, financial position, and capability to perform contractual requirements. 
• Reviews Independent Government Cost Estimates (IGCEs) prepared by government personnel to ensure they are sufficient to support price comparisons and cost realism assessments. Identifies discrepancies, unsupported assumptions, or missing elements, and recommends corrections.
• Establishes the pre-negotiation pricing position, assists the contracting officer during negotiations, presents reasons for arriving at determinations of allowable costs and/or conducts the final price negotiation as requested.
• Explains compliance requirements, addresses performance and pricing concerns. Translates customer requirements into acquisition strategies. Manages expectations about timelines.Influences vendor pricing decisions. Guides customers and stakeholders through complex acquisition and keeps them informed of progress.
  
  
  

Requirements

Conditions of employment

• US Citizenship or National (Residents of American Samoa and Swains Island)
• Meet all eligibility criteria within 30 days of the closing date
• Meet time-in-grade within 30 days of the closing date, if applicable
• Register with Selective Service if you are a male born after 12/31/1959
  
  
  

If selected, you must meet the following conditions:

• Current or Former Political Appointees: The Office of Personnel Management (OPM) must authorize employment offers made to current or former political appointees. If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C or Non­Career SES employee in the Executive Branch, you must disclose this information to the HR Office. Failure to disclose this information could result in disciplinary action including removal from Federal Service.
• Serve a one year probationary period, if required.
• Undergo and pass a background investigation (Tier 2 investigation level).
• Have your identity and work status eligibility verified if you are not a GSA employee. We will use the Department of Homeland Security’s e-Verify system for this. Any discrepancies must be resolved as a condition of continued employment.
• Complete a financial disclosure report to verify that no conflict, or an appearance of conflict, exists between your financial interest and this position.
  
  
  

Qualifications

For each job on your resume, provide:

• the exact dates you held each job (from month/year to month/year)
• number of hours per week you worked (if part time).
  
  
  

If you have volunteered your service through a National Service program (e.g., Peace Corps, Americorps), we encourage you to apply and include this experience on your resume.

The GS-12 salary range starts at $90,968 per year and varies by location. If you are a new federal employee, your starting salary will likely be set at the Step 1 of the grade for which you are selected.

Basic Requirement for GS-1102-05 through 12 levels: A 4-year course of study leading to a bachelor's degree with a major in any field; or at least 24 semester hours in any combination of the following fields: accounting, business, finance, law, contracts, purchasing, economics, industrial management, marketing, quantitative methods, or organization and management.

Exception Provision : If you occupied a GS-1102 position at the GS-5 through GS-12 on January 1, 2000, you are considered to meet the basic requirement.

You must meet the Basic Requirements (or the exception) listed above and have one year of specialized experience equivalent to the GS-11 level in the Federal service. Specialized experience is defined as: Experience using contract cost/price analysis principles and procedures to analyze and evaluate the cost elements on contracts. Experience must include statistical, financial, and accounting analysis and experience in contract negotiation and price analyst.

This position has a positive education requirement: Applicants must submit a copy of their college or university transcript(s) and certificates by the closing date of announcements to verify qualifications. If selected, an official transcript will be required prior to appointment.

Additional information

Candidates will not be hired based on their race, sex, color, religion, or national origin.

Applicants are encouraged to make their resume searchable in their USAJOBS.gov profile. This will allow Federal hiring specialists and hiring managers across agencies to find their resume as part of agency recruitment campaigns or staffing searches.

If you apply to this position and are selected, we will not ask about your criminal history before you receive a conditional job offer. If you believe you were asked about your criminal history improperly, contact the agency or visit GSA's webpage.

Relocation-related expenses are not approved and will be your responsibility.

On a case-by-case basis, the following incentives may be approved:

• Credit toward vacation leave if you are new to the federal government
  
  
  

Additional vacancies may be filled through this announcement in this or other GSA organizations within the same commuting area as needed; through other means; or not at all.

Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.

Benefits





A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.

You will have access to many benefits including:

• Health insurance (choose from a wide range of plans)
• Life insurance coverage with several options
• Sick leave and vacation time, including 11 paid holidays per year
• Thrift Savings Plan (similar to a 401(k) plan)
• Flexible work schedules
• Transit and child care subsidies
• Flexible spending accounts
• Long-term care insurance
• Training and development
  
  
  

Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.