Hello,
I wanted to see what others thought about posting the total estimated value, in the form of a range, for a requirement.
Without giving away too much information, it's a common practice at my employer to give the total estimated value, in the form of a range, for only the T&M, labor hour, and cost type CLINS at time of the solicitation. The value does not include any material, Firm Fixed Price, ODCs, or travel CLINS.
I am having a hard time being comfortable with showing a portion of my cards to potential offerors as 1) I fear it could potentially limit the government in receiving the best value for these types of services, 2) The only time I thought we could really give ranges was for construction type contracts, and 3) my experience with government IGCEs being accurate is worse than the odds in Vegas...
What do you think?