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Sr. Executive
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Solar Tendering and Estimation
2 months ago
Cost Estimation:
- Develop detailed cost estimates for large-scale PV solar projects (DC & AC side along with civil estimation), including materials, labor, equipment, and subcontractor costs.
Pre-Bid Analysis:
- Conduct thorough pre-bid analysis to maximize the chances of winning bids by developing competitive and accurate cost proposals.
Lump Sum Tenders:
- Work on lump sum tenders involving detailed break-up estimations and requiring in-depth coordination with internal and external stakeholders.
Budget Management:
- Monitor project budgets and expenditures, ensuring cost-effectiveness and adherence to financial targets.
Efficiency Improvement:
- Identify opportunities for efficiency improvements in engineering and construction management processes to optimize project costs and timelines.
Risk Assessment:
- Identify potential cost risks and provide mitigation strategies to ensure project financial health.
Vendor and Contractor Liaison:
- Work closely with suppliers and contractors to obtain competitive pricing and ensure cost estimates are accurate.
Project Documentation:
- Prepare and maintain detailed documentation of cost estimates, assumptions, and methodologies used.
Cash Flow Preparation:
- Prepare cash flow projections to assess the commercial viability of bids.
Collaboration:
- Collaborate with project managers, engineers, and other stakeholders to gather necessary information for accurate cost estimation.
Market Analysis:
- Conduct market research to stay updated on current trends, pricing, and best practices in the solar industry.
Reporting:
- Generate and present regular cost estimation reports to senior management and project stakeholders.