Estimation Engineer

Position: Estimation Engineer Building Construction (EPC Projects)

Key Responsibilities

1. Estimation & Quantity Take-Off (QTO)

• Prepare accurate Quantity Take-Offs (QTO) from construction drawings and develop detailed Bills of Quantities (BOQ) for Item Rate Tenders.
• Perform conceptual cost estimation for EPC/Turnkey projects based on preliminary drawings, design concepts, and scope matrices.
• Estimate structural and architectural quantities with appropriate risk-adjusted cost modeling.

2. Vendor Management & Procurement Rate Analysis

• Float RFQs (Request for Quotations) to material suppliers, manufacturers, and subcontractors for major construction packages such as concrete, steel, masonry, finishing works, MEP services, and equipment.
• Collect, evaluate, compare, and normalize vendor quotations to maintain an updated market rate database.
• Negotiate competitive prices and commercial terms with vendors and specialized subcontractors.

3. Rate Analysis & Cost Estimation

• Carry out detailed rate analysis for non-scheduled, specialized, and custom items based on material, labour, machinery, overheads, and profit margins.
• Consider site logistics, indirect costs, statutory taxes, insurance, transportation, and price escalation while preparing estimates.
• Ensure accurate project costing aligned with tender requirements and company profitability.

4. Tender & Bid Preparation

• Consolidate direct and indirect costs to prepare the final tender price/quotation for client submission.
• Perform risk assessment and sensitivity analysis to identify pricing contingencies.
• Prepare detailed Cost Comparison Statements (Comparative Statements) and bid summaries for management approval.
• Coordinate with internal departments to ensure timely and accurate bid submission.

Qualification

• Diploma / B.E. / B.Tech in Civil Engineering.

Required Skills & Competencies

• Technical Expertise: Strong knowledge of building construction methodologies, CPWD/DSR specifications, IS Codes, and construction materials.
• Software Proficiency: Hands-on experience with AutoCAD and Advanced MS Excel.
• EPC & BOQ Expertise: Sound understanding of EPC/Turnkey contracts, structural and architectural drawings, BOQ preparation, and quantity estimation.
• Vendor Management: Proven experience in vendor development, rate analysis, commercial evaluation, and price negotiation.
• Analytical Skills: Excellent numerical and analytical abilities with a strong focus on accuracy, cost optimization, and identification of unpriced risks in tender documents.
• Communication: Good coordination, documentation, and interpersonal skills for working with cross-functional teams and external stakeholders.