Independent_Cost_Estimate_ICE_Form.pdf

This is an Independent Cost Estimate (ICE) Form, a standard template used by governmental entities to document and justify cost estimates for procurement activities. The form is designed to capture comprehensive cost data for goods, services, repairs, or non-standard items being considered for acquisition. The document provides fields for requisition numbers, estimate dates, contract types, and descriptions of the goods or services, but the specific form provided contains no completed data entries.

The ICE form structure accommodates multiple estimation methodologies, including published price lists, past pricing data, engineering or technical estimates, and independent third-party estimates. Cost calculation sections are organized into two primary categories: standard items with unit costs and freight considerations, and services or non-standard items with detailed breakdowns including material costs, labor rates and hours, labor classifications, allocated overhead, selling, general and administrative (SG&A) expenses, and profit margins. The template includes rows for up to six line items in each category, allowing for complex procurement packages to be systematically documented. The form requires certification by the preparer and permits attachment of detailed spreadsheets for complex items or tasks to support the rationale behind cost estimates. As a blank template, this particular document serves as the framework for the Bus Video Surveillance System Replacement and Implementation project being solicited by METRO Regional Transit Authority in Ohio, which will require comprehensive cost estimation across the approximately 270 full systems and integrated back-office management components specified in that procurement.