Estimation / Costing Engineer

companyPosition: Estimation / Costing Engineer

Experience: Minimum 5 years in EPC comapny

Education: Bachelors Degree (B.E./B.Tech) in Mechanical, Process, or Electrical Engineering

Location: Ahmedabad

Industry: EPC (Oil & Gas, Power, Infrastructure, Renewables)

Key Responsibilities

1. Technical Bid Analysis & Quantification

- Thoroughly review Tender Documents (RFQ/RFP), including drawings, technical specifications, and Scope of Work (SOW).

- Perform accurate Quantity Take-Offs (QTO) for mechanical, piping, civil, electrical, and instrumentation works.

- Conduct site visits to assess local conditions, logistics, and resource availability before bidding.

2. Cost Estimation & Budgeting

- Prepare comprehensive cost estimates covering:

- Direct Costs: Material, Labor, Equipment, and Sub-contractor charges.

- Indirect Costs: Site mobilization, overheads, insurance, and taxes.

- Develop detailed Bill of Quantities (BOQ) and Cost Break-down Structures (CBS).

- Analyze vendor quotes and negotiate pricing to ensure market competitiveness.

3. Proposal Development

- Prepare technical and commercial bid packages in alignment with client requirements.

- Collaborate with the Procurement and Engineering teams to identify "Value Engineering" opportunities to optimize costs.

- Identify potential project risks and incorporate appropriate contingencies into the pricing model.Role & responsibilities