7A21 - Automated Cost Estimating Integrated Tools (ACEIT) License Software Maintenance

The proposed acquisition is for the renewal of ACEIT Software on behalf of the OASN (FM and C) Naval Cost Agency. ACEIT (Automated Cost Estimating Integrated Tools) is a family of applications that support program managers and cost/financial analysts during all phases of a program’s life cycle. ACEIT is the tool used by the government for analyzing, developing, sharing, and reporting cost estimates, providing a framework to standardize the estimating process.

ACEIT is an automated framework for cost estimating and other analysis tasks. This tool is used to standardize and simplify LCC estimating. ACEIT is a generic, flexible, Windows-based system which consists of several software tools for the cost estimating community. Core features include a database to store technical and normalized cost data, statistical package to facilitate cost estimating relationship development and a spreadsheet that promotes structured model development.

It also has built-in inflation, learning, time phasing, sensitivity, risk and other analysis capabilities. ACEIT applications are a tool for analyzing, developing, sharing, and reporting cost estimates, providing a framework to automate key analysis tasks and simplify/standardize the estimating process.