IHS Global Insight

The Defense Logistics Agency (DLA) is seeking a cost analyzer subscription service to provide forecasts and analyses of over 750 commodity prices and wages by industry, with a focus on global coverage. The selected contractor will provide thirty subscriptions for IHS Global Inc.'s cost analyzer module, which will include access to training, training materials, and webinars. The subscription service must provide national forecasts for the United States and analyses of commodity prices and wages by industry, as well as international and regional coverage. The service must also provide updates that contain ten years of historical and forecast observations, and enable users to perform customized cost analysis. Key features of the required service include: • Providing forecasts that are updated quarterly for spot prices, producer price indices, consumer price indexes, and wages • Enabling users to build, save, and customize cost models and composite indices to track material and labor escalation • Allowing creation of composite forecasts and custom workbooks that automatically update with new forecast releases • Providing independent benchmarking capability to compare supplier or contracting pricing against market-based input cost data • Assisting the customer in testing the reasonableness of economic assumptions underlying bids, offers, and price proposals • Validating prices of contracts containing economic price adjustment clauses • Providing a proven forecast accuracy track record to minimize unexpected price adjustments