Contract Price/Cost Analyst

Summary

See below for important information regarding this job.

Additional vacancies may be filled from this announcement.

Duties

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• Performs price and cost analyses on the various elements of major contractor proposals, reviewing the significant direct and indirect cost elements such as: material, labor, overhead, general and administrative expenses, facilities, and engineering.
• Develops and recommends price/cost objectives for negotiations.
• Requests, coordinates, and integrates into a comprehensive report the various pricing and technical evaluations of cost elements and subcontractors.
• Reviews the contractor forward pricing rate, final overhead rate, and cost impact proposals, conducting an in-depth analytical and judgmental evaluation of the proposal to determine reasonableness, accuracy, timeliness, and completeness.
• Forecasts price trends, economic factors and efficiencies in production for future accounting periods using analytical techniques such as random sampling, cost models, learning curves, and parametric cost models.
• Analyzes available data such as direct labor hours, the contractors past performance, costs of previous procurement, and/or standards and other techniques in producing like or similar items.
• Reviews and evaluates contract price proposals for adequacy and compliance with laws and regulations, and with the Cost Accounting Standards (CAS).

Requirements

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Conditions of employment

• Must be a U.S. citizen
• Security Requirements: Non-Critical Sensitive with Secret Access
• Appointment is subject to the completion of a favorable suitability or fitness determination, where reciprocity cannot be applied; unfavorably adjudicated background checks will be grounds for removal.
• Selective Service Requirement: Males born after 12-31-59 must be registered or exempt from Selective Service.

Qualifications

To qualify for a Contract Price/Cost Analyst, your resume and supporting documentation must support:

A. Basic Contracting Requirement: A.) A baccalaureate degree from an accredited educational institution authorized to grant baccalaureate degrees OR B.) a current civilian employee in DoD or member of the Armed Forces, who occupied an 1102 position, contracting officer position, or comparable military contracting position with authority to award or administer contracts above the simplified acquisition threshold on or before September 30, 2000 are excluded from the requirements of "A" above.

AND

B. Specialized Experience: One year of specialized experience that equipped you with the competencies to successfully perform the duties of the position and is directly in or related to this position. In addition to meeting the Basic Education Requirement above, to qualify for the GS-12 grade level, specialized experience must be at the GS-11 grade level or equivalent under other pay systems in the Federal service, military or private sector. Applicants must meet eligibility requirements including time-in-grade (General Schedule (GS) positions only), time-after-competitive appointment, minimum qualifications, and any other regulatory requirements by the closing date of the announcement. Creditable specialized experience includes:

• Utilizing contract price and cost analysis techniques and procedures to analyze contractor's proposals and actual costs.
• Analyzing direct and indirect rates to ensure compliance with cost accounting standards (CAS) and Federal and Defense Acquisition Regulation (FAR /DFAR) policies and procedures.
• Negotiating cost elements and writing/developing pricing reports.

Education

Substitution of education may not be used in lieu of specialized experience for this grade level.

The position has a minimum education requirement you MUST provide transcripts (unofficial are acceptable at the time of application) to support your educational claims. Or, if you are using education to qualify in lieu of specialized experience you MUST provide transcripts (unofficial are acceptable at the time of application) to support your educational claims. The transcripts must include your name, the name of the college or university, class/course list, completed number of credits/hours, and the date degree conferred (if applicable). Education must be accredited by an accrediting institution recognized by the U.S. Department of Education. Licenses must be current at time of application.

GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours that your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.

FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university.

Additional information

• This position does not meet criteria for appointment of Reemployed Annuitants. The DoD criteria for hiring Reemployed Annuitants can be found at: DoDI 1400.25-V300.
• Tour of Duty: Flexible
• FLSA: Exempt
• Bargaining Unit: No
• Selectee may be required to serve a trial/probationary period.
• Acquisition, Technology & Logistics (AT&L) NON-CAP: Position requires DoD Acquisition Contracting, Foundational certification within required timeframes. Selectee must also achieve 80 hours of Continuous Learning Points (CLPs) every 2-years. Click here for more details and Resources.
• Military spouses working remotely are exempt from in-person work under the conditions explained by OPM's February 12, 2025 memorandum and the March 20, 2025 Frequently Asked Questions.

Salary information by location is listed below.

Box Elder County, UT: $89,508 - $116,362

Orlando, FL: $89,508 - $116,362

Baltimore, MD: $102,415 - $133,142

El Segundo, CA: $104,349 - $135,657

Fort Worth, TX: $97,307 - $126,502

Grand Prairie, TX: $97,307 - $126,502

Greenville, TX: $97,307 - $126,502

Littleton, CO: $99,800 - $129,742

Marietta, GA: $94,654 - $123,052

McKinney, TX: $97,307 - $126,502

Portsmouth, RI: $101,375 - $131,790

Redondo Beach, CA: $104,349 - $135,657

Tewksbury, MA: $101,375 - $131,790

Tucson, AZ: $91,205 - $118,569

East Hartford, CT: $100,992 - $131,293

Windsor Locks, CT: $100,992 - $131,293

Melbourne, FL: $90,173 - $117,227

Cincinnati, OH: $93,231 - $121,203

Indianapolis, IN: $90,341 - $117,446

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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

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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.

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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.