Job Description

The Chief Estimator is accountable for overseeing the complete estimation process for construction projects, ensuring the development of accurate and thorough cost estimates that align with the project’s objectives and scope. This role includes managing risks, controlling costs, and supporting the successful execution of construction projects, while fostering continuous improvement and leveraging technology to enhance the estimating process.

Key Requirements:

• Extensive experience in electrical construction estimating.
• Demonstrated ability to lead a team and collaborate effectively with various stakeholders.
• Strong focus on accuracy to ensure precise estimates and budgets.
• Exceptional ability to analyze complex data and provide actionable insights.

Primary Responsibilities:

• Develop precise cost estimates covering materials, labor, equipment, overhead, and other necessary expenses.
• Lead the preparation and review of bids, ensuring complete cost accounting and a competitive, profitable proposal.
• Provide continuous updates and forecasts on project costs throughout all project phases.
• Oversee and mentor the estimating team, reviewing their work and assisting with complex estimates.
• Guide junior estimators, sharing knowledge on industry best practices and standards.
• Work closely with project management, procurement, and design teams to ensure estimates align with project goals.
• Establish and manage project budgets, tracking and addressing variances as the project progresses.
• Identify and assess potential risks (e.g., price fluctuations, labor shortages) and create strategies to mitigate them.
• Explore cost-effective solutions without sacrificing quality or safety standards.
• Review tender documents, project specifications, and requirements to create competitive, comprehensive cost proposals.
• Manage the procurement process, request bids, and ensure accurate and complete quotes from subcontractors and suppliers.
• Lead negotiations with subcontractors and suppliers to secure favorable pricing and terms.
• Supervise the use of estimating software and tools to improve accuracy and efficiency in estimates.
• Maintain effective communication with stakeholders such as project managers, clients, architects, engineers, and contractors.
• Prepare and present comprehensive cost estimate reports, updates, and revisions to senior management and clients.
• Ensure that estimates comply with relevant laws, regulations, and industry standards.
• Maintain the company’s quality control standards to ensure reliable and accurate estimates.
• Address cost discrepancies, scope changes, or unexpected overruns during bidding and execution phases.
• Collaborate with design teams to assess the financial impact of design changes and offer cost-effective alternatives.
• Foster strong client relationships to ensure satisfaction with cost estimates and final bids, supporting business development.
• Conduct post-project reviews to compare estimated costs with actual expenditures and identify areas for improvement.
• Continuously improve the estimating process based on feedback, lessons learned, and industry developments.

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