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  3. Cost Estimation Engineer

Cost Estimation Engineer

Asmacs Contracting Est.

KhobarFull-time

5–10 years of experience

7 days ago

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Job description

Responsible for preparing accurate, competitive, compliant, and auditable cost estimates and tender pricing packages for EPC, oil & gas, power, and industrial projects.

Key Responsibilities

  • Review tender documents, drawings, specifications, scope of work, client instructions, contract conditions, and site requirements to develop a clear basis of estimate.
  • Attend pre-bid meetings, site visits, and organize internal tender review meetings as required.
  • Develop tender clarifications, assumptions, exclusions, qualifications, and commercial notes in coordination with proposal, engineering, procurement, legal, and operations teams
  • Prepare cost estimates, BOQs/MTOs, manpower histograms, equipment requirements, subcontract packages, temporary facilities, preliminaries, and risk allowances.
  • Analyze vendor and subcontractor quotations technically and commercially, prepare comparison sheets, identify deviations, and recommend compliant and cost-effective options.
  • Support value engineering, alternative solutions, constructability reviews, and cost optimization
  • Maintain an organized database of rates, supplier quotations, assumptions, and lessons learned for future tenders.

Qualifications & Technical Skills

  • Bachelor's degree in engineering
  • 6-8 years of experience
  • BOQ, MTO, tendering, rate build-up, procurement interfaces, subcontract evaluation, technical/commercial clarification, cost database management.
  • Strong ability to work with multicultural teams, client representatives, subcontractors, vendors, and internal departments.
  • Experience with Aramco, SEC, EPC, oil & gas, power, industrial maintenance, construction, or shutdown tenders preferred.
  • Strong Excel skills; knowledge of estimation software, and ERP systems is an advantage.
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