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Cost Estimation Incharge.

adani group

Leading company in sustainable technology solutions.

Lead cost estimation and vendor procurement for infrastructure projects.

6d ago

Expert & Leadership (13+ years)

Full Time

Ahmedabad, Gujarat, India

Office Full-Time

Company Size

1500+ globally Employees

Service Specialisms

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Sector Specialisms

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Role

What you would be doing

data analysis

cost estimation

quantity takeoff

vendor negotiation

site visits

database management

Use technology/AI to handle, study and analyze large volumes of data in shorter duration.
Build a strong in-house team and develop a robust cost database to manage the entire process in-house, but also collaborate with consultants and external experts when required in order to enhance estimation accuracy and efficiency.
Finalize the EPC cost in consultation with the Tendering Head to ensure the bid's financial viability.
Track and record bid documents and all amendments closely for future reference to ensure accurate and historical data management.
Obtain the prices to be quoted for supply items in consultation with the Techno-commercial team to ensure cost-effectiveness.
Finalize quantities after discussing with the Design team to ensure accuracy in material requirements.
Identify value engineering options and their implementation to optimize project costs.
Prepare complete project cost estimates including BOQ, in-depth rates analysis, and benchmarking with comparable projects for HAM, TOT, BOT highway bids based on bid documents and site conditions to ensure comprehensive and competitive bidding.
Record and maintain a database of scope, bid documents, and drawings as required to ensure easy retrieval and reference for future projects.
Visit sites periodically, interact with vendors and contractors as needed, and work on the estimation for the bids to ensure accurate and on-site verified cost assessments.
Analyse and compare contractor offers with internal estimates to arrive at a workable and competitive price in order to ensure financial accuracy and competitiveness.
Study the latest technical specifications, technological advancements in the industry, and applicability of the same in projects to ensure up-to-date and innovative cost estimation practices.
Provide and seek necessary data from the Techno-commercial and Design teams for timely cost estimates of bids to ensure seamless collaboration and information flow.
Provide in-depth rate analysis and cost estimation of the bids based on MORTH/IRC specifications to align with industry standards.
Prepare and finalize cost estimates for bidding through a complete analysis of project scope requirements to ensure the most competitive and accurate cost projections.
Support vendor management activities to ensure the procurement of high-quality materials at competitive prices.
Prepare necessary presentations showing the study of bids to effectively communicate cost estimations and strategies.
Identify available local materials by conducting site studies to ensure the project cost estimate is competitive.
Interact with pre-bid subcontractors to provide necessary clarifications, review their submitted quotes, and assist in negotiations to finalize the quote in order to secure the best possible terms.
In collaboration with the Techno-commercial team, support negotiations with vendors for costing and requirement understanding to ensure cost-effective procurement and project success.
Evaluate market prices and indices to prepare cost estimations to ensure realistic and market-aligned cost projections.
Calculate the maintenance part of the project to ensure comprehensive cost coverage.
Assist in other assignments like change of scope and preparation of claim statements to support project changes and claims management.

What you bring