Believe it or not, there are still cost-estimation methodologies that use LOC. You somehow go from the problem, to an estimated number of lines of code that wi

Believe it or not, there are still cost-estimation methodologies that use LOC. You somehow go from the problem, to an estimated number of lines of code that will need to be written, and then you divide and multiply that out by the number of developers per hour and their hourly rate. Someone decided that the task was about 1.5 MLOC and used that to drive the total contract value.