Methodology Development for Cost Model Updates

The contract seeks the development and documentation of a repeatable methodology to adjust component costs in regional healthcare building models in response to market price movements, with strict alignment to the Bureau of Labor Statistics Producer Price Index accuracy standards. The methodology must be scalable, transparent, and capable of consistently updating cost estimates to reflect real-time economic shifts, ensuring financial precision and reliability across healthcare construction projects in varying regional markets. The deliverable will include detailed documentation outlining the process, data sources, validation protocols, and implementation guidelines to support adoption by internal and external stakeholders. This subcontract is issued by the Department of Labor under the Categorization Code 541611 for management, scientific, and technical consulting services, with a response deadline of May 22, 2026, and performance to occur in Washington, DC, ZIP 20210. The work requires expertise in cost modeling, economic data analysis, and healthcare construction cost structures, with an emphasis on maintaining regulatory compliance and data integrity. While the solicitation number and point of contact are not provided, interested parties must submit proposals prior to the deadline through the designated SAM.gov portal to be considered for award.