Estimate & Tendering Engineer
4 days ago
- Estimation and Cost Analysis
Document Analysis: Thoroughly review and interpret tender documents, including architectural, structural, and MEP drawings, technical specifications, and contractual requirements to understand the complete scope of work.
Quantity Take-Off (QTO) / Bill of Quantities (BOQ): Perform detailed quantity surveying to accurately calculate the materials, labor, equipment, and time required for the project elements.
Costing: Prepare detailed cost estimates (bottom-up and definitive) for the project, accounting for:
Direct Costs: Material costs (based on supplier quotations), labor rates, and equipment expenses.
Indirect Costs: Site overheads, project management, temporary facilities, permits, and contingencies.
Subcontractor/Vendor Management: Float inquiries (Request for Quotations - RFQ) to suppliers and subcontractors, and conduct a technical and commercial comparison study of their offers to secure the best pricing.
Risk Assessment: Identify potential financial risks, cost deviations, or design ambiguities, and propose mitigation strategies to include in the estimate.
Value Engineering: Propose cost-effective alternative materials, methods, or designs that meet the project requirements while reducing the overall cost.
- Tendering and Proposal Management
Proposal Compilation: Prepare and compile the complete tender submission package, ensuring all parts—technical, commercial, and legal—are comprehensive and strictly compliant with the client's Request for Proposal (RFP) or Invitation to Tender (ITT).
Pricing Strategy: Develop a competitive pricing strategy by incorporating company financial targets (profit margin), market rates, and the analyzed cost estimate.
Documentation: Prepare necessary supporting documents, such as method statements, project timelines, cash flow forecasts, and pre-qualification documents.
Submission & Coordination: Ensure the final tender is accurately assembled and submitted on time. Coordinate with legal, technical, and sales teams to align the proposal with all internal and external standards.
Post-Submission Activities: Participate in clarification meetings and bid negotiations with the client. Respond to all client queries and work towards securing the contract.
Record Keeping: Maintain a database of historical cost data, submitted tenders (win/loss records), and supplier quotations to benchmark and improve future estimation accuracy.
Job Type: Full-time
Pay: ₹20, ₹30,000.00 per month
Work Location: In person
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