Federal Contracting Acronym
IGCE
Independent Government Cost Estimate
Plain-English definition
Independent Government Cost Estimate (IGCE) is a core federal acquisition term used in regulations, solicitations, and contract administration. Pricing and finance terms relate to cost principles, audits, and proposal buildup. Contractors use them when preparing BOEs, supporting incurred-cost submissions, and negotiating rates.
Why it matters
Offerors benchmark ROMs against IGCE realism during capture and pricing reviews.
Where you will see it
Internal government acquisition files; occasionally referenced in discussions or RFI responses.
Example in context
When reviewing a solicitation, a contractor confirms how IGCE is used in the notice, whether related clauses apply, and which internal subject-matter experts should validate the response.