Bid & Cost Estimation Lead - Metro

Bid & Cost Estimation Lead - Metro

Responsibilities

Project Cost Estimation and Analysis:

• Identification of Prebid Consultants for specialized projects in consultation with Design team.
• Lead the preparation of comprehensive project cost estimates, O&M costs, including BOQ, detailed rate analysis, and benchmarking with comparable projects.
• Enable business development team with the cost estimates used for preparing effective right-sized bids for winning new projects.
• Ensure cost estimates align with MORTH/IRC specifications and industry standards.
• Understand project specifications and requirements and use value-engineering to prepare optimal cost estimates to support bidding.
• Verify and approve cost estimates prepared by the team for bidding, ensuring the most competitive and accurate cost projections.
• Conduct site studies and evaluate local material availability to ensure competitive project cost estimates.
• Conduct win and loss bid analysis and collaborate with BD team to prepare the right bids for successful award of tender

Technical Expertise and Innovation:

• Stay updated with the latest technical specifications and technological advancements relevant to the industry.
• Implement value engineering options to optimize project costs.
• Lead the team in studying and applying innovative cost estimation practices to projects

Team Development and Collaboration:

• Build and develop a strong in-house cost estimation team, ensuring continuous improvement in estimation accuracy and efficiency.
• Collaborate with consultants and external experts as required to enhance the estimation process.
• Arrange training Sessions on latest technology and Advancements in the market
• Conduct periodic site visits, interact with vendors and contractors, and verify cost assessments for accuracy.
• Foster a collaborative environment with the Techno-commercial and Design teams for seamless information flow and timely cost estimates.

Key Stakeholders - Internal:

• Techno Commercial Team
• Design Engineering
• Planning
• Projects

Key Stakeholders - External:

• Contractors/ Sub contractors
• Vendors

Qualifications

Education Qualification:

• BE / B.Tech in Civil Engineering

Work Experience (Range of years):

• 12+ years of work experience

Preferred Industry: Construction and Infrastructure Development