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FRTIB Cost Estimating and Price Analysis Support Subject Matter Expert (SME)

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Job Description - FRTIB Cost Estimating and Price Analysis Support Subject Matter Expert (SME)


Grey Street Consulting, LLC (Grey Street), a leading small business provider of acquisition support services to Federal civilian and defense agencies, is seeking to hire a Cost Estimating and Price Analysis Support Subject Matter Expert (SME) to support our potential client within the Federal Retirement Thrift Investment Board (FRTIB), Office of the Chief Financial Officer (OCFO), Acquisition Management Division (AMD). The position is fully remote. This is a contingent position pending contract award.

Essential Duties and Responsibilities

  • Provide day-to-day cost estimating and price analysis support across all FRTIB contractual instruments (micro-purchases through large contracts, BPAs, task orders, etc.).
  • Develop Independent Government Cost Estimates (IGCEs) using accepted methodologies (~120 cost/pricing actions annually).
  • Draft cost proposal preparation instructions, develop price evaluation plans, and perform cost/price analyses for proposals, quotations, and bids.
  • Conduct cost realism and reasonableness evaluations, prepare price analysis memoranda, and support contract administration (option pricing, variance analysis, invoice review).
  • Maintain and build the FRTIB historical cost database and recommend process improvements to cost estimating structures.

Requirements

Job Requirements and Experience

  • Bachelor’s degree from an accredited college or university (or at least 24 semester hours in accounting, business, finance, law, contracts, purchasing, economics, industrial management, marketing, quantitative methods, or organization and management).
  • Extensive experience performing cost/price analysis and developing IGCEs in federal acquisition environments.
  • Deep knowledge of FAR/DFARS cost principles, cost realism analysis, and price evaluation techniques.
  • Proven ability to support pre-award and post-award pricing activities for diverse contract types.
  • Strong analytical and spreadsheet skills (Excel advanced proficiency required).
  • Experience building and maintaining cost databases preferred.

ADA Requirements

  • Operate a PC and phone in an office environment.
  • Work in a primarily sedentary position. 
  • Perform some bending, light lifting, and carrying of equipment may be required.
  • Any additional office equipment that is required by the position.  

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected Veteran status.

About The Federal Retirement Thrift Investment Board (FRTIB)

The Federal Retirement Thrift Investment Board (FRTIB or Agency) is an independent Federal Agency in the Executive branch created by the Federal Employees’ Retirement System Act of 1986 (FERSA), Pub. L. No. 99-335, 100 Stat. 514 (codified as amended largely at 5 U.S.C. § 8351 and §§ 8401-79) to administer the Thrift Savings Plan (TSP). The TSP is a daily-valued, participant-directed retirement savings and investment plan for Federal civilian employees and members of the uniformed services. It offers its participants the same type of saving and tax benefits that many private corporations offer their employees under 401(k) plans. The TSP is the largest defined contribution plan in the world covering millions of participants and managing multi-billion-dollar assets. The Agency’s mission is to act solely in the interests of the TSP participants and beneficiaries and to carry out the policies set by the Board members for investment, administration, and management of the TSP.

About Grey Street Consulting, LLC

Grey Street is a small, federal contracting firm. Founded in 2015, Grey Street has already established itself as a leading small business provider of federal human resources (HR) services. Grey Street provides staff augmentation support to numerous federal agencies including but not limited to the U.S. Departments of Transportation (DOT), Health and Human Services (HHS), Energy (DOE), Labor (DOL), and Homeland Security (DHS) just to name a few. Our approach to the delivery of professional services is rooted in our deep subject matter expertise and supported by our ability to effectively manage our client’s needs and expectations while delivering measurable results. 

Grey Street offers a robust benefit package which includes comprehensive medical, dental, and 401k with a guaranteed match!! 

To learn more about Grey Street click here: https://greystreet-consulting.com/


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