Price Estimator
Aretum · McLean, VA · 2 wk ago
HybridManagementFull-time
Responsibilities
- Develops, analyzes, evaluates, coordinates, prepares, and supports cost proposals to government and commercial customers.
- Ensures department compliance and provides interpretation of RFP requirements.
- Interacts with personnel and management at all levels.
- Prepares and presents pricing delegations to leadership.
- Presents cost estimates to internal teams, customers, and government audit agencies.
- Ensures adherence to Federal Acquisition Regulations, Truthful Cost or Pricing Data, and company policies and procedures regarding Price Estimating.
- Supports audit requests, fact-finding, and negotiations.
Requirements
- Bachelor's degree in Finance, Accounting, Economics, Business, or related field.
- 3-7+ years of experience in pricing, estimating, or cost analysis for IT services.
- Builds and maintains pricing models for FFP, T&M/LH, BPA, IDIQ, and task order proposals.
- Translates RFP requirements, SOWs, and staffing plans into compliant pricing structures.
- Collaborates with Technical, Business Development, Capture, Contracts, and Finance teams to validate assumptions and staffing approaches.
- Analyzes historical cost data, market benchmarks, and salary surveys to support labor rate development.
- Supports Price-to-Win (PTW) strategies by balancing competitiveness with margin objectives.
- Prepares pricing narratives, cost volume inputs, and supporting documentation for proposals.
- Reviews and validates subcontractor pricing, ensuring consistency with prime pricing assumptions.
- Conducts cost realism and sensitivity analyses as required.
- Ensures pricing compliance with internal policies and applicable customer or regulatory requirements.
- Supports proposal reviews and responds to pricing-related clarification questions.
Qualifications
- Understanding of IT labor categories (e.g., developers, engineers, architects, cybersecurity, cloud, DevOps, PMO).
- Experience pricing FFP and T&M contracts.
- Advanced Excel skills (cost models, formulas, lookups, scenario analysis).
- Strong attention to detail with the ability to meet tight proposal deadlines.
- Excellent written and verbal communication skills.
Preferred Qualifications
- Experience in government contracting (DoD, civilian, or state/local).
- Familiarity with indirect rate structures (fringe, overhead, G&A).
- Experience supporting IDIQs, GWACs, and task order pricing.
- Knowledge of pricing compliance standards (e.g., FAR, Truthful Cost or Pricing Data concepts).
- Experience working with subcontractors and teaming partners.
- Exposure to pricing tools or systems (e.g., Deltek Costpoint, ProPricer, custom pricing tools).
Travel Requirements
This is a Hybrid position; however, occasional travel may be required based on project needs, client meetings, team collaboration events, or training sessions. Travel is expected to be less than 10% and will be communicated in advance whenever possible.
Benefits
- Health Care Plan (Medical, Dental & Vision)
- Retirement Plan (401k)
- Life Insurance (Basic, Voluntary & AD&D)
- Paid Time Off
- Family Leave (Maternity, Paternity)
- Short Term & Long-Term Disability
- Training & Development