BIDDER COST ESTIMATES AS A DATA BASE SOURCE FOR ADVANCED SYSTEMS COSTING

Abstract

This paper proposes that bidder cost estimates received in the course of a system source selection be included in the data base for costing advanced military systems. The paper discusses the advantages of bidder cost estimates as a data base source, suggests some precautions that should be observed in using these estimates, recommends standards necessary for their most effective utilization, and identifies the types of cost estimating data that might be derived from bidder cost estimates.

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Document Details

Document Type
Technical Report
Publication Date
Jul 01, 1963
Accession Number
AD0414325

Entities

People

  • M. V. Jones

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Air Force
  • Business Administration
  • Command And Control
  • Command And Control Systems
  • Contractors
  • Contracts
  • Control Systems
  • Cost Estimates
  • Databases
  • Delphi Method
  • Government Procurement
  • Governments
  • Instructions
  • Procurement
  • Specifications
  • Standards
  • Systems Management

Readers

  • Life Cycle Cost Analysis
  • Naval Mine Countermeasure Systems Development.
  • Systems Analysis and Design