Cost Estimator
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Key skills for this role
About the Role
In a world of possibilities, pursue one with endless opportunities. Imagine Next! At Parsons, you can imagine a career where you thrive, work with exceptional people, and be you.
Key Skills for This Role
Responsibilities
- Prepare detailed and accurate cost estimates across various stages of project development
- Perform precise material quantity takeoffs from 2D engineering drawings and 3D BIM models
- Maintain up to date understanding of regional labor rates, material costs, and equipment pricing
- Partner with design engineering and project management teams to evaluate design alternatives and recommend cost effective solutions
- Review and analyze contractor bids, variations, and commercial proposals
- Assist project controls team in identifying commercial risks and performing quantitative cost risk analysis
- Track and capture final project cost metrics to build internal benchmarking databases
Requirements
- Extensive experience in cost estimation for large scale infrastructure projects
- Proficiency in quantity takeoffs from 2D drawings and 3D BIM models
- Strong knowledge of regional labor rates, material costs, and supply chain in Saudi Arabia/GCC
- Experience with value engineering and cost optimization
- Analytical skills for bid evaluation and risk analysis
Full Job Posting
Opportunity Overview
- Parsons Corporation is seeking a meticulous and analytical Cost Estimator to join our team in Tabuk, Saudi Arabia.
- Responsible for developing comprehensive, defensible cost estimates from early conceptual design phases through to detailed construction documentation for massive, world class infrastructure and master planned developments.
- Leverage deep technical expertise in quantities takeoff, market pricing trends, and risk analysis to ensure projects are delivered within economically sound frameworks and realistic budgets.
What You'll Be Doing
- Estimate Development: Prepare detailed and accurate cost estimates across various stages of project development (Conceptual, Schematic Design, Design Development, and Final Construction Documents).
- Quantity Takeoffs: Perform precise material quantity takeoffs from 2D engineering drawings and 3D BIM models (5D BIM) utilizing industry standard software.
- Market Analysis: Maintain an up to date understanding of regional labor rates, material costs, supply chain constraints, and equipment pricing within Saudi Arabia and the broader GCC area to build highly accurate pricing models.
- Value Engineering: Partner with design engineering and project management teams to evaluate design alternatives, recommending cost effective solutions and value engineering opportunities without compromising quality or safety.
- Tender & Bid Evaluation: Review and analyze contractor bids, variations, and commercial proposals. Conduct detailed variance analyses against the independent baseline estimates to support contract award recommendations.
- Risk Management Support: Assist the project controls team in identifying commercial risks, performing quantitative cost risk analysis, and establishing appropriate contingency allowances.
- Historical Data Benchmarking: Track and capture final project cost metrics to build internal benchmarking databases, refining accuracy for future estimates.
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