Cost Estimation Executive
1 day ago
About Business
JOB DESCRIPTION
Adani Group: Adani Group is a diversified organisation in India comprising 10 publicly traded companies. It has created a world class logistics and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India. Over the years, Adani Group has positioned itself to be the market leader in its logistics and energy businesses focusing on large scale infrastructure development in India with O & M practices benchmarked to global standards. With four IG rated businesses, it is the only Infrastructure Investment Grade issuer in India.
Adani RMRW: Encompassing Adani Road Transport Limited and Adani Water, Adani RMRW is a key infrastructure business of the Adani Group, focused on driving sustainable development. Adani Road Transport Limited specializes in the construction, operation, and maintenance of highways and expressways, ensuring seamless connectivity across India. Adani Water addresses critical water challenges through innovative projects such as desalination plants, water treatment facilities, and irrigation systems, enhancing water availability and sustainability. Together, these businesses aim to deliver world-class infrastructure while fostering environmental stewardship and community impact, making Adani RMRW a leader in India's infrastructure and resource management sector.
Job Purpose
Ensure accurate and competitive project cost estimation and analysis through thorough assessment of bid documents, site conditions, and material availability. Collaborate effectively with cross-functional teams to gather necessary data and support vendor management activities. Utilize technical expertise to apply industry advancements and implement innovative cost-saving measures, while maintaining meticulous documentation and adherence to quality and safety standards.
Responsibilities
Project Cost Estimation and Analysis:
- Support in costing for tenders, including Quantity Estimation and Costing for HAM, TOT, BOT highway bids based on Bid documents and Site Conditions.
- Study bid documents, identify anomalies, and seek clarifications from the client.
- Conduct site visits to assess material availability and costs and prepare site visit reports.
- Prepare detailed cost estimates based on MORTH/IRC guidelines and Rate analysis.
- Monitor the activities of Site investigation by prebid consultants.
- Verify Consultant Estimate with respect to checklist
- Obtain prices for supply items in consultation with the Techno-commercial team.
Vendor Management
- Support vendor management activities to ensure effective procurement of deliverables.
- Review and compare contractor offers with internal estimates to determine competitive pricing.
Documentation And Record-keeping
- Maintain accurate records of bid documents and amendments for future reference and communicating same to stakeholders
- Record and maintain a database of Scope, Bid documents, and drawings as required to ensure easy retrieval and reference for future projects
- Maintain a database of vendors, As built Quantities, Policy Circulars, State wise Royalty & Raw material Source to ensure easy retrieval and reference for future projects
- Maintain database of Key inputs material prices to assess future trend.
- Prepare necessary presentations to effectively communicate bid analyses and strategies.
- Assist in other assignments such as change of scope and preparation of claim statements.
Technical Expertise And Innovation
- Study the latest technical specifications and technological advancements relevant to the industry and apply them to projects.
- Identify and implement Value Engineering Options to optimize project costs.
- Adhere to Quality and Safety policies and guidelines in Cost Estimation.
Key Stakeholders - Internal
- Techno Commercial Team
- Planning
- Projects
Key Stakeholders - External
- Contractors
- Vendors
Qualifications
Education Qualification:
- BE / B.Tech in Civil Engineering
Work Experience (Range Of Years)
- 8 years of work experience
Preferred Industry:
Construction and Infrastructure Development
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