Job Overview

CRA is creating a dedicated Cost Engineer position to own cost intelligence across the full project lifecycle, from the first budgetary estimate at proposal stage to the final profitability statement on completed projects. This is an end-to-end cost ownership role. The Cost Engineer is the custodian of what things cost, how confident we are in those numbers, and how our estimates compare to reality.
Key Responsibilities
- Proposal-Stage Costing and Estimation
- Build detailed costed BOMs for proposals, covering bought-out equipment, fabrication, engineering hours, site work, logistics, and contingencies.
- Send and track RFQs to vendors for bought-out items at proposal stage; evaluate received quotes for scope, exclusions, Incoterms, validity, and technical fit alongside the proposal engineers.
- Act as the cost sign-off gate for all quotations above a defined value threshold: no bid above the threshold is released without the Cost Engineer confirming that every major cost line traces to a valid vendor quote or a documented, flagged assumption.
- Flag stale pricing,



missing scope, and margin risks to the COO before bid release.
- Vendor Quote Repository
- Build and maintain the central repository of vendor quotations: item taxonomy, supplier, rate, currency, Incoterms, validity date, and linked quote documents.
- Enforce quote freshness rules (no cost line priced off a quote past its validity or older than the defined age limit without an explicit flag).
- Proactively refresh pricing for high-frequency and price-volatile bought-out categories on a rolling calendar, independent of live bids.
- Develop and maintain the item taxonomy so that quotes accumulate against comparable specifications over time.
- Project Costing and Profitability
- Prepare and maintain costing sheets for running projects: budgeted cost (from the winning estimate) versus committed cost (POs placed) versus actual cost at completion.
- Track estimate-versus-actual variance for every

📌 Cost Engineer (Noida)
🏢 Combustion Research Associates
📍 Noida