Deltek has granted access to an updated Labor Pricing Analytics application for GovWin IQ, a government contracting intelligence platform, to enable its customers to conduct pricing analysis more effectively through comparing millions of fully-burdened labor rates in seconds, Deltek announced on Monday.Â
“With Labor Pricing Analytics, we are giving GovWin IQ customers the ability to analyze more than 15 million historic and future labor rates to evaluate how competitors are approaching price andâcriticallyâto see what agency buyers have paid for similar services recently.” said Kevin Plexico, senior vice president of information solutions at Deltek.
Government contractors need to benchmark as many data points as possible, including job titles, contract awards, incumbent data, education, work experience and labor rate comparisons.Â
GovWin IQ’s robust Labor Pricing Analytics application will provide a user-friendly way to create visualizations of the labor pricing market with interactive analytics and data points, build inclusive job category searches with GovWin’s proprietary Smart Tags and save time with custom pivot tables to optimize bids.Â
For over 30 years, GovWin IQ has enabled businesses to manage public sector opportunities, plan strategically remain competitive and pursue deals more efficiently for more than 6,000 customers.Â
Additional information about the upgrades to Labor Pricing Analytics will be made available through a 1 hour webinar by Deltek on January 9th, 2020 at 2 p.m EST. Click here to register.Â
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