Independent_Cost_Estimate_ICE_Form.pdf

This is an Independent Cost Estimate (ICE) Form template designed for state and local procurement processes, specifically applicable to the METRO Regional Transit Authority (METRO RTA) in Ohio for trash and recycling services. The form provides a standardized framework for documenting cost estimates across multiple procurement categories including materials, construction, and services. The template accommodates both standard items with unit pricing and non-standard items or services requiring detailed cost breakdowns that include labor rates, overhead allocation, and profit margins. The form includes sections for documenting the estimation methodology, whether derived from published price lists, engineering assessments, third-party quotes, or other sources, and requires preparer signature and authorization.

The cost estimate structure supports itemized tracking of delivered costs, freight considerations, and data sources for standard products, while allowing flexibility for complex service or repair items that require detailed spreadsheet attachments explaining cost rationale. For services, repairs, and non-standard items, the form captures material costs, direct costs, labor classifications with hourly rates, allocated overhead percentages, selling, general and administrative (SG&A) expenses, and profit margins to arrive at total cost projections. The template provides multiple row entries for both standard items and service-based costs, enabling comprehensive documentation necessary for METRO RTA's evaluation of qualified waste management contractors who will provide trash collection, recycling services, container management, hauling, and disposal services across its facilities in Ohio.