Costing & Tendering Engineer

3 weeks ago


Panaji GA IN Fluid and Power Automations LLP Full time

The Costing Tendering Engineer is responsible for preparing accurate cost estimates BOQs and tender submissions for projects This role requires expertise in cost analysis vendor coordination bid preparation and project budgeting to ensure competitive pricing and profitable project execution The engineer will collaborate with design procurement finance HR and project teams to align cost estimates with technical requirements and market conditions DUTIES AND RESPONSIBILITIES In order of importance most important to least important use the table below to list major duties and responsibilities Label each responsibility as being M for Marginal performed infrequently or often by others in various positions or E for Essential fundamental to completing work Include the approximate percentage of time spent per task should total 100 percent Cost Estimation Develop detailed cost estimates based on project requirements and electrical system designs Analyze specifications project timeline scope matrix and other documentation to to ensure cost accuracy and competitiveness Maintain Overhead Cost Database to track and allocate costs effectively Use costing software Excel ERP or equivalent to create and manage cost models Perform cost-benefit analysis for alternative materials and design solutions Tendering Bid Preparation Prepare technical and commercial bid proposals for projects Review contractual terms conditions and scope of work in tenders Analyze past tender submissions and project costs to suggest competitive price ranges Coordinate with internal teams engineering finance procurement for bid submission Ensure tenders comply with client requirements industry standards and legal regulations Vendor Procurement Coordination Liaise with suppliers subcontractors and vendors to obtain competitive quotations Analyze vendor proposals to ensure technical and commercial compliance Consult with procurement team and suppliers for anticipated price increases Track market price fluctuations for materials and equipment and prepare cost trend report Cost Control Budgeting Compare approved tender cost estimates with actual procurement and project costs Identify Material Overhead cost fluctuations and assess impact on ongoing and future projects Coordinate with senior engineers to discuss major cost overruns or savings Work with internal teams engineering finance HR procurement to find cost-saving opportunities Participate in internal review meetings to stay aligned with project requirements Documentation Reporting Maintain an updated cost database for materials labor and subcontractor rates Prepare detailed costing reports and tender evaluation summaries Provide regular updates to manager on cost trends and tender outcomes KNOWLEDGE Bachelor s degree in Electrical Engineering Cost Engineering or a related field 4-5 years of experience in cost estimation tendering and project budgeting for electrical systems Exposure to infrastructure construction industrial or power distribution projects is a plus Strong understanding of electrical system design power distribution and load calculations Experience in BOQ preparation bid management and vendor coordination Familiarity with local and international tendering standards Understanding of contract terms risk analysis and project costing methodologies Effective negotiation and vendor management skills Ability to multitask prioritize work and meet project deadlines under pressure Detail-oriented mindset with a proactive approach to troubleshooting and innovation Job Types Full-time Permanent Pay 20 000 00 - 50 000 00 per month Benefits Flexible schedule Health insurance Provident Fund Work Location In person


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