Practical Guidance to Strengthen Facility Estimates
NSF briefly discussed new cost estimating and analysis requirements from the American Innovation and Competitiveness Act and how they are supported by page 5 of 11 the Large Facilities Manual and GAO Cost Estimating and Assessment Guide. NSF and GAO lead an interactive discussion emphasizing the applicability of the GAO Cost Guide and importance of Cost Estimating Plans and the Basis of Estimate for both Construction estimates and Operations and Maintenance estimates. GAO and CH/KGS provided examples for discussion.
Presented on May 2nd at the 2017 Large Facilities Workshop.
Assistant Director, Applied Research and Methods Team, US Government Accountability Office
Large Facilities Advisor, Large Facilities Office, NSF Office of Budget, Finance & Award Management