(g) Is a resident of the state of Missouri or sustained personal injury or death by a tort which occurred in the state of Missouri. 2. There is created the Tort Victims' Compensation Fund. Unexpended moneys in the fund shall not lapse at the end of the biennium as provided in section 33.080.
A. The independent cost estimate is a tool to assist in determining the reasonableness or unreasonableness of the bid or proposal being evaluated and is required for all procurements regardless of dollar amount. FTACircular 4220.1F, Ch. VI, Para.
A cost estimate is generally defined as a projection or forecast of the economic or financial value of goods and/or services to be delivered in the future. An Independent Government Cost Estimate is a detailed estimate of the cost to the Government for services and/or supplies to be acquired, generally from contractors.