Attachment 34 - 2020 GAO High Quality Project Estimate Characteristics .xlsx
XLSX spreadsheet 15 KB Posted
- Solicitation number
- 36C26024R0038
About this file
This notice requests Standard Form 330 Architect-Engineer Qualifications packages for a design contract to modify the existing hot and cold potable water distribution systems in Buildings 1 and 12 at the Mann-Grandstaff VA Medical Center in Spokane, Washington. The design is required to correct deficiencies and is estimated to cost between $1 million and $2 million in construction value.
The solicitation is a 100% set-aside for Service-Disabled Veteran-Owned Small Businesses. Responses are due by April 15, 2024 and the anticipated period of performance for design completion is 315 calendar days from award. Key positions required for the design include an architect, cost estimator, electrical, environmental, industrial hygiene, mechanical and plumbing engineers, and a project manager. The notice provides instructions for submitting qualifications and the evaluation criteria, which include professional qualifications, specialized experience, capacity, past performance, and knowledge of the project locality and construction administration. The most highly qualified firms will be invited to participate in written discussions and negotiations for award.
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Cost Estimate review
| KEY | |||
| VA provided evidence that satified the entire criterion = | Met | ||
| VA provided ecividen that satifies a larger portion fo the ctiteion = | Substantially Met | ||
| VA provided evidnce that satieid half of the criterion = | Partially Met | ||
| VA provided evidence that5 satifies a small portion of the criterion = | Minimally Met | ||
| VA provided no evidence that satifies any of the criterion = | Not Met | ||
| GAO Cost Estimating and Assessment Guide (GAO-20-195G) | 35% Design Construction Cost Estimate | 95% Design Construction Cost Estimate | |
| Characteristics of a high-quality and reliable cost estimate | Best Practice | Individual Assessment | Individual Assessment |
| Comprehensive | The cost estimate includes all costs | ||
| The cost estimate completely defines the program, reflects the current schedule, and is technically reasonable (Step 3, Chapter 6) | |||
| The cost estimate WBS is product-oriented, traceable to the statement of work/objective, and at an appropriate level of detail to ensure that cost elements are neither omitted nor double-counted. (Step 4, Chapter 7) | |||
| The estimate documents all cost-influencing ground rules and assumptions. (Step 5, Chapter 8) | |||
| Well documented | The documentation should capture in writing the source data used, the reliability of the data, and how the data were normalized. (Step 6, Chapter 9) | ||
| The documentation describes in detail the calculations performed and the estimating methodology used to derive each WBS element’s cost. (Step 7, Chapter 10) | |||
| The documentation describes step by step how the estimate was developed so that a cost analyst unfamiliar with the program could understand what was done and replicate it. (Step 10, Chapter 13) | |||
| The documentation discusses the technical baseline description and the data in the technical baseline are consistent with the cost estimate (Step 3, Chapter 6 and Step 6, Chapter 9) | |||
| The documentation provides evidence that the cost estimate was reviewed and accepted by management. (Step 11, Chapter 14) | |||
| Accurate | The cost estimate results are unbiased, not overly conservative or optimistic and based on an assessment of most likely costs. (Chapter 16) | ||
| The estimate has been adjusted properly for inflation. (Step 6, Chapter 9) | |||
| The estimate contains few, if any, minor mistakes. (Chapter 16) | |||
| The cost estimate is regularly updated to reflect significant changes in the program, such as when schedules or other assumptions change, and actual costs so that it is always reflecting current status. (Step 12, Chapter 15) | |||
| Variances between planned and actual costs are documented, explained, and reviewed. (Step 12, Chapter 20) | |||
| The estimate is based on a historical record of cost estimating and actual experiences from other comparable programs. (Step 6, Chapter 9) |
| Credible | The cost estimate includes a sensitivity analysis that identifies a range of possible costs based on varying major assumptions, parameters, and data inputs. (Step 8, Chapter 11) |
| A risk and uncertainty analysis was conducted that quantified the imperfectly understood risks and identified the effects of changing key cost driver assumptions and factors. (Step 9, Chapter 12) | |
| Major cost elements were crossed checked to see whether results were similar. (Chapter 16) | |
| An independent cost estimate was conducted by a group outside the acquiring organization to determine whether other estimating methods produce similar results. (Step 7, Chapter 10) |
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