BUS 501 Week 3 Assignment 1, The Independent Government Cost Estimate and the Statement of Work

Imagine that you are working in a federal government office as a government employee. You have been tasked with preparing an Independent Government Cost Estimate (IGCE) for a two-million-dollar procurement. The purchase is for the construction of fifty (52) towers with cameras and radar. The period of the contract is ten (10) years. The contract will also include training for the camera operators.   

Write a four to six (4-6) page paper in which you:

1.  Evaluate the importance of the IGCE.

2.  Examine the reasons for confidentiality of the IGCE. Propose two (2) actions that should be taken in order to maintain the confidentiality of the IGCE.

3.  Create a sample of a detailed cost estimate. 

4.  Evaluate the types of statements of work in regard to compatibility with this contract.

5.  Determine the most appropriate type of statement of work for this contract. Support your position.