Cost Estimator at Larsen & Toubro in Mumbai Metropolitan Region | Kablio

Role

Description

Responsible for producing timely cost estimates with defined quality and accuracy.
Initiate an estimate review meeting with the management/leadership team.
Perform cost estimation, compiling the cost of engineering, material, services, manpower, travel & living, fabrication, taxes, duties, insurance, etc.
Prepare commercial deviations and basis of the cost estimate.
Maintain estimate files in a traceable manner with all backup files.
Perform cost analysis and benchmarking with similar projects submitted in the past.
Presenting the bid review package to management for competitive pricing decisions.
Review the Risk Register and mitigation plan to evaluate the project/risk contingency
Continually refine estimation processes and methodologies based on various feedback, lessons learned, and industry best practices.
Review and analyze inputs provided by different cost centres and collate them into a cost estimation framework.
Evaluating the economic viability of proposals
Perform quality checks on estimates prepared to ensure accuracy.
Attend the proposal kick-off meeting to plan the bid strategy and determine the method of performance based on the scope of work.
Techno-commercial compilation of the proposal and ensure timely submission.
Review tender documents, access the type of tender, and determine prioritization of tender based on the bid submission date.
Coordinate and follow up with the cost input centres like engineering, project management, supply chain, fabrication yard, taxation, insurance, finance & accounts, treasury, etc. for timely submission of data to meet overall project estimation deadlines and align the cost estimation framework accordingly.
Formulating a budget for a successful proposal and handing it over to the project's department.
Maintain a database that serves as a reference for future projects and facilitates quick cost estimates with accountability and transparency.
Participate in post-bid clarification meetings with clients.

Requirements

Benefits

Information not given or found

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Founded in 1946

Year Established

The company was started in 1946 by two Danish engineers.

Revenue Billions USD

Annual Revenue

The company generates tens of billions of USD annually.

A small Bombay firm that evolved into a global powerhouse.
Expanded into major infrastructure and industrial projects worldwide.
Delivers EPC projects in energy, transport, and defense.
Notable projects include power plants, metro rail systems, hydrocarbon facilities, and naval vessels across emerging markets.
Subsidiaries like LTIMindtree and L&T Technology Services drive its footprint in digital engineering and consulting.
Known for tackling large-scale, complex assignments in defense, power, urban transit, and marine engineering.

Culture + Values

Integrity and transparency in all dealings.
Commitment to excellence and innovation.
Customer satisfaction through quality, service, and value.
Respect for the environment and communities.
A culture of teamwork, collaboration, and respect for diversity of thought.
Continuous learning, development, and growth.
Safety as the first priority in all operations.

Environment + Sustainability

Net Zero by 2040

Sustainability Goal

The company aims to achieve net-zero emissions by 2040 through comprehensive sustainability initiatives.

Implementation of energy-efficient technologies in all operations.
Reduction in carbon footprint through sustainable practices.
Investment in renewable energy sources like solar and wind.
Commitment to circular economy principles in product design and waste management.
Promotion of green building initiatives and sustainable infrastructure.

Inclusion & Diversity

Achieving gender balance across all levels of the organization.
Female representation at leadership positions increased year over year.
Commitment to gender-neutral policies and equal pay for equal work.
Fostering an inclusive workplace through mentorship programs and training.

Articles

Careers at L&T

L&T Projects

About L&T

Role

Description

Responsible for producing timely cost estimates with defined quality and accuracy.
Initiate an estimate review meeting with the management/leadership team.
Perform cost estimation, compiling the cost of engineering, material, services, manpower, travel & living, fabrication, taxes, duties, insurance, etc.
Prepare commercial deviations and basis of the cost estimate.
Maintain estimate files in a traceable manner with all backup files.
Perform cost analysis and benchmarking with similar projects submitted in the past.
Presenting the bid review package to management for competitive pricing decisions.
Review the Risk Register and mitigation plan to evaluate the project/risk contingency
Continually refine estimation processes and methodologies based on various feedback, lessons learned, and industry best practices.
Review and analyze inputs provided by different cost centres and collate them into a cost estimation framework.
Evaluating the economic viability of proposals
Perform quality checks on estimates prepared to ensure accuracy.
Attend the proposal kick-off meeting to plan the bid strategy and determine the method of performance based on the scope of work.
Techno-commercial compilation of the proposal and ensure timely submission.
Review tender documents, access the type of tender, and determine prioritization of tender based on the bid submission date.
Coordinate and follow up with the cost input centres like engineering, project management, supply chain, fabrication yard, taxation, insurance, finance & accounts, treasury, etc. for timely submission of data to meet overall project estimation deadlines and align the cost estimation framework accordingly.
Formulating a budget for a successful proposal and handing it over to the project's department.
Maintain a database that serves as a reference for future projects and facilitates quick cost estimates with accountability and transparency.
Participate in post-bid clarification meetings with clients.

Requirements

Benefits

Information not given or found

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found