Price Estimator

  • Role type
  • Permanent

  • Location/s

Job Description

Ricardo Defense is seeking a Price Estimator to price proposals in pursuit of US Government contract and task order awards. The Price Estimator coordinates with proposal team to gather all necessary data to estimate labor, material, travel, subcontracts, and other ODCs applicable to the efforts being proposed. This price Estimator will complete pricing to ensure all potential costs are covered and that target margins can be achieved. Pricing is developed in accordance with solicitation requirements and supporting documentation is recorded and maintained.

The ideal candidate is self-motivated, has strong work ethic, strong analytical skills, action oriented, and able to work efficiently towards challenging deadlines.

Essential Duties and Responsibilities:

  • Evaluates solicitations for all areas applicable to pricing and coordinates with the Contracts Manager to devise questions when any conflict or ambiguities are identified
  • Participates in proposal development meetings
  • Coordinates with Capture Manager to attain a complete Basis of Estimate for labor hour, material, subcontract, and travel requirements
  • Collaborates with Capture Manager and Subcontracts Manager to develop a complete request for quotes to prospective subcontractors in accordance with all applicable purchasing requirements, including company policies and government regulations
  • Develops pricing assumptions, financial summaries, cash flow analysis, and assesses risks and opportunities
  • Prepares ad-hoc reports and analysis as required to present and/or respond to inquiries from the proposal team
  • Maintains organized records of pricing support documentation, methodologies, and assumptions used in each proposal
  • Writes detailed Cost Narratives in support of proposed prices and in accordance with solicitation requirements
  • Enters and updates opportunities in Unanet system and tracking logs
  • Analyzes pricing for reasonableness, to ensure all applicable costs are incorporated, and to ensure target margins can be achieved

Minimum 5 years of experience in pricing for US Government solicitations

Experience developing pricing proposals that include direct hire, existing staff, as well as subcontracted staff

Experience with developing Cost Narratives and responding to Government cost Evaluation Notices

Experience with drafting Requests for Quotes

Comprehensive knowledge of FAR, DFARS, and CAS regulation compliance as well as different contract types to include CPFF, FFP, FPLOE, and T&M

A Bachelor’s degree from an accredited college or university in business, finance, or related field

Strong analytical skills

Advanced MS Excel skills

Ability to productively work independently and as part of a team to meet challenging deadlines

Action oriented with the ability to work in a fast-paced environment

Ability to obtain a Common Access Card, Government Security Clearance and maintain a clearance

Experience with DCAA audits is preferred

Experience with Unanet ERP is preferred

Experience with Pricing Tools is preferred

Experience with pricing Vehicle Integration work preferred

Ricardo Defense offers an impressive compensation and benefits package including:

  • Medical, Dental & Vision Benefits
  • Company Paid Life and AD&D
  • Company Paid Short Term and Long-Term Disability
  • Flexible Spending & HSA Accounts
  • Legal & ID Shield Services
  • 401k with Company Match
  • Paid holidays, vacation, and sick days

About Us:
Ricardo Defense Inc, is the business entity within Ricardo plc that works on classified safety and defense contracts for the US DoD and it therefore operates as a separate entity governed by a Special Security Agreement (SSA). Ricardo Defense Inc provides solutions to meet the challenges faced by defense customers in the integration of complex and diverse systems specializing in taking innovative technologies from science to real-world deployment. For more information, visit

Ricardo Defense Inc, is a proud recipient of the 2022 Hire Vets Gold Medallion Award.

Ricardo Defense is an Equal Opportunity/Affirmative Action employer. All qualified applicants will be considered without regard to race, color, religion, national origin, sex (including gender identity or gender expression), age, mental or physical disability, creed, ancestry, citizenship, veteran status, marital status, sexual orientation, medical condition, genetic trait or any other characteristic protected by federal, state or local law.