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Cost/ Price Analyst

Company: Merit 321
Location: Huntsville
Posted on: November 25, 2022

Job Description:

Position: Cost/ Price Analyst
Location: Huntsville, AL (On-Site)
Clearance: ACTIVE Top Secret

The Cost/Price Analyst performs a full range of price and cost analysis with the responsibility for
analyzing a variety of proposed procurements, contract changes, price redeterminations,
terminations, and others as required.

Work Description

  • Serve as an advisor to Contracting Officers and Contract Specialists on all pricing matters and financial aspects of supplies, services, and construction procurements.
  • Assist in acquisition strategy and solicitation development to obtain timely, responsive cost/price proposals facilitating efficient and effective government analysis.
  • Assist Contracting Officers and Contract Specialists in establishing timely schedules for the accomplishment of pricing support and to ensure target dates to acquire, correlate, and analyze data are met. Analyze and evaluate unit cost and pricing data contained in proposals/quotes to determine reasonableness.
  • Prepare cost/price analysis reports of findings and Microsoft (MS) Excel spreadsheets documenting the analysis and recommendations for forwarding to Contracting Officer.
  • Analyze contractor proposed/quoted cost/price for reasonableness and fairness.
  • Assist Contracting Officers and Contract Specialists in establishing the pre-negotiation pricing position and assist in negotiations, which may require immediate interpretation of pricing data and advise on the cost impact.
  • Review proposed costs to protect against excessive charges to the Government.
  • Analyze realism of contractor proposed price and underlying quantitative aspects of proposals (e.g., resources and rates) utilizing various methods.
  • Research, analyze, organize, and evaluate data to include cost/price data and financial information for various types of contracts.
  • Use MS Excel and a variety of formulas/techniques to develop, evaluate, and/or improve contractor cost models to calculate contract prices.
  • Additional duties may be assigned.


    • A Bachelor's degree from an accredited university or college.

      • Six (6) years of federal contract cost/price analysis experience covering the work listed for this LCAT.

        It is the policy of Merit321 to provide equal opportunity in recruiting, hiring, training, and promoting individuals in all job categories without regard to race, color, religion, national origin, gender, age, disability, genetic information, veteran status, sexual orientation, gender identity, or any other protected class or category as may be defined by federal, state, or local laws or regulations.

Keywords: Merit 321, Huntsville , Cost/ Price Analyst, Professions , Huntsville, Alabama

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