Estimation Engineer

1- Review documentations:

• Review tender documents to check the content of the scope of work and its alignment with the company's business line.
• Analyze the project’s specifications and drawings to understand the scope and requirements.
• Prepare executive summaries briefing the scope of work.

2- Cost Estimation & Modeling:

• Create cost models that consider all relevant factors, including direct costs, indirect costs, overhead, and contingency allowances.
• Generate a Bid Summary by recommending the suggested markups.
• Prepare histograms for resources.

3- Data Analysis:

• Collect and analyze data related to construction costs, such as historical cost data, market trends, and industry benchmarks.
• Use this data to inform and refine cost estimates.

4- Quantity Takeoff: Perform quantity takeoffs by determining the quantities of activities, materials, labor, and equipment needed for a project based on project plans and specifications.

5- Bid Preparation: Prepare bid documents, including cost estimates, to submit competitive and accurate bids including the index of documents to be submitted (technical-commercial) offer.

6- Value Engineering: Identify cost savings and value optimization opportunities without compromising project quality and functionality.

7- Vendor and Supplier Management:

• Collaborate with vendors, suppliers, and subcontractors to gather cost data and quotations and evaluate their alignment with the project's cost estimate and objectives.
• Clarify, negotiate, and analyze the prices to determine the most cost-effective options.
• Prepare comparison statements for all received quotations.

8- Risk Assessment:

• Evaluate potential risks and uncertainties associated with the project and factor them into cost estimates.
• Develop contingency plans for unexpected costs.

9- Presentation and Reporting:

• Communicate cost estimates and findings to the Tendering team and Tendering Manager through reports and presentations.