About the Role
This role is centered around delivering thorough and independent cost estimations for tenders. It involves collaborating closely with various teams, including production engineers, design engineers, and commercial departments, to gather essential information. The focus is on processing this data into clear and optimal budgets, which requires a detailed understanding of estimating principles and methodologies. This position not only calls for technical skills but also for an ability to assess risks and opportunities within cost estimations.
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Responsibilities
- Cost Estimate Development: Prepare and develop assigned cost estimates, cost breakdowns, and pricing schedules using established estimating methodologies.
- Technical and Commercial Analysis: Interpret drawings, specifications, quantities, scope requirements, and commercial terms to establish a reliable basis for pricing.
- Quotation and Cost Evaluation: Assess supplier and subcontractor quotations, identify pricing discrepancies and exclusions, and prepare evidence-based recommendations.
- Cost Data and Estimating Tools: Analyze historical costs, validate pricing inputs, and use MS Excel and relevant estimating software to produce accurate, traceable estimates.
- Deliver thorough and independent cost estimations for tenders.
- Collect all relevant needed information from the production engineer, design engineer, Tender manager, and/or from site visits.
- Process all gathered data into clear and cost optimal budgets and cost estimates, including planning and work sequencing.
- Regularly consult with colleagues from the commercial department and project manager about cost.
- Assess proposals/prices of subcontractors and suppliers.
- Ensure gathered data and budget information is maintained, and knowledge is transferred to project management and the commercial department.
- Assist in preparing tender/quotation documents for tendering purposes.
- Ensure maintenance of the database containing prices/quotes from subcontractors.
- Collaborate closely with production engineers, colleagues from the commercial department, and the tender manager.
- Study and analyze bids/tenders technically and commercially, writing scope clarifications.
- Identify the risks, opportunities, and assumptions made within the cost estimation.
Qualifications
- Bachelor’s degree in engineering in a related discipline, or equivalent.
Additional Information
- This role presents a generalist view of the job responsibilities assigned. You may be requested to perform tasks beyond the scope of this role due to operational requirements.
