Job Responsibilities

- Responsible for producing timely cost estimates with defined quality and accuracy.
- Review tender documents, access the type of tender, and determine prioritization of tender based on the bid submission date.
- Attend proposal kick-off meeting to plan bid strategy and determine method of performance based on the scope of work.
- Co-ordinate and follow up with the cost input centres like engineering, project management, supply chain, fabrication yard, taxation, insurance, finance & accounts, treasury, etc. for timely submission of data to meet overall project estimation deadlines and align cost estimation framework accordingly.
- Review and analyze inputs provided by different cost centres and collate them into a cost estimation framework.
- Review the Risk Register and mitigation plan to evaluate project/risk contingency
- Perform cost estimation compiling the cost of engineering, material, services, manpower, travel & living, fabrication, taxes, duties, insurance, etc.
- Evaluating the economic viability of proposals
- Perform quality checks on estimates prepared to ensure accuracy.
- Perform cost analysis and benchmarking with similar projects submitted in the past.
- Prepare commercial deviations and basis of cost estimate.
- Initiate estimate review meeting with the Management/Leadership team




- Presenting Bid review package to Management for competitive pricing decisions.
- Techno-commercial compilation of proposal and ensure timely submission.
- Maintain estimate files in a traceable manner with all backup files.
- Maintain a database that serves as a reference for future projects and facilitates quick cost estimates with accountability and transparency.
- Continually refine estimation processes and methodologies based on various feedback, lessons learned, and industry best practices.
- Participate in post-bid clarification meetings with clients.
- Formulating budget for successful proposal and handing over the same to projects department
- Ad-hoc tasks by the head/management

Job Requirements

- University Degree
- Experience in project cost estimation: 5 to 10 years.
- Capable of handling mega project proposals
- Industry Knowledge: Acquainted with structural steel module fabrication, architectural, HVAC, high voltage electrical equipment, E&I; bulk, mechanical packages, loadout methods, vessel transportation, offshore installation, Hookup, Commissioning, etc.
- IT Knowledge: MS Office, PM Tools, CE appropriate tools (database expertise, related software)
- Location: Mumbai

📌 Cost Estimator (Mumbai)
🏢 Larsen and Toubro (L&T)
📍 Mumbai