What defines an Independent Government Estimate (IGE)?

An Independent Government Estimate (IGE) is a detailed assessment developed by a government team member. This estimate serves as a critical tool during the procurement process, providing a benchmark against which proposals from contractors can be evaluated. The IGE is typically based on a thorough analysis of the requirements, including the scope of work, materials needed, labor costs, and other relevant factors.

By being meticulously crafted, the IGE helps ensure that the government can effectively assess whether contractor proposals are reasonable and fair in terms of pricing. It also assists in determining the appropriate budget allocation for a project. This level of detail and rigor distinguishes the IGE from less formal assessments that may not take into account all necessary variables and documentation.

In contrast to informal estimates based on past contracts, rough calculations from contractors, or budget estimates from independent auditors, the IGE is specifically designed and created within the government framework, rendering it a reliable tool for financial planning and assessment in contracting processes.