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EXHIBIT 37 PROCUREMENT MANUAL Note: Contract Administrator will be entered by Procurement Project Manager: Project Title: Requisition # Contract Administrator: SB Percentage Goal: New Contract/Procurement

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What is independent cost estimate?

An independent cost estimate is an assessment of the likely costs associated with a project or activity conducted by a third party, separate from the entity responsible for the project.

Who is required to file independent cost estimate?

Depending on the specific regulations or policies, government agencies or organizations involved in construction projects may be required to file an independent cost estimate.

How to fill out independent cost estimate?

Filling out an independent cost estimate involves gathering relevant information, such as project details, labor costs, material costs, and other expenses. This information is then analyzed and calculated to provide an estimation of the project's total cost.

What is the purpose of independent cost estimate?

The purpose of an independent cost estimate is to provide an unbiased and accurate assessment of the potential costs associated with a project. It can be used for decision-making, budgeting, and project planning purposes.

What information must be reported on independent cost estimate?

The specific information required on an independent cost estimate can vary depending on the project or organization. However, it typically includes project details, labor and material costs, contingency amounts, and any other relevant expenses.

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