DISCLAIMER: Independent Cost Estimates (ICE) must be tailored to the nature of the procurement, if this template does not satisfy the needs of a given procurement, the Purchaser should obtain or create and ICE that does.
Revised 12/30/2020
Independent Cost Estimate
Contract Type: Formal Purchase Date of Estimate: 8/12/2022 Description of Goods/Services: Paratransit Cutaways
Method of Obtaining the Estimate:
I have obtained the following estimates from:
Published Price List/Past Pricing.
Engineering or Technical Estimate.
Independent Third Party Estimate.
Parametric Analysis (i.e. cost per sq ft., linear ft., etc.) Other (specify):
BACKGROUND
Industry Cost History:
Type Description Unit of
Measure
Quantities Cost Source Data
Product 22' 12
Passengar, 2
Wheel Chair E-
450
Each 1 $64,459 H-GAC via Creative Bus Sales
Product 22' 08
Passengar, 4
Wheel-Chair E-
450
Each 1 $79,729 COF past Proposal by A-Z Bus Sales Inc.
Product Odyssey 16
Passengers w/ 2
wheelchairs
Each 1 $70,580 H-GAC via Alliance Bus Group Inc.
Product 23' 09
Passengar, 2
Wheel Chair E-
450
Each 1 $80,907 COF past Proposal by RO Bus Sales Inc.
Product Class B (Gas) -
(Medium Bus)
Starcraft Allstar
Cutaway Bus
Each 1 $64,860 Cal E Procure Contract no. 1-15-23-19B
Product Each
Product Each
Product Each
Product Each
Product Each
Product Each
Product Each
Product Each
Product Each
Product Each
Cost Estimate Summary:
DISCLAIMER: Independent Cost Estimates (ICE) must be tailored to the nature of the procurement, if this template does not satisfy the needs of a given procurement, the Purchaser should obtain or create and ICE that does.
Revised 12/30/2020
Through the method stated above it has been determined that the total cost of the goods/services is expected to range from $64,459 to $80,907. The source of this funding would be derived from FTA grant.
Signature of Preparer:
The preceding cost estimate was obtained or prepared by:
Name: Harpreet Kaur
Signature: ________________________________________________