Cost Engineer / Estimator at Dover Engineering Limited

JOB PURPOSE / OBJECTIVE:

• To provide Company with total cost management services including preparation of cost work breakdown structure, cost estimating, contract cost management and cost control support to aid management make informed decisions at various value assurance gates, minimize successful contractual claims, achieve value for money, contribute to company’s good corporate image, meet contract objectives and ultimately contribute to achievement of Cost Leadership in the contract management.

MAIN RESPONSIBILITIES:

• Evaluate different contract proposals and establish optimum cost and challenge contractors’ bids as may be necessary and provide details of cost, quantities and work hours for cost benchmarking to achieve value for money and Cost Leadership for the Contracts.
• Develop and maintain up-to-date cost database for the preparation of accurate cost estimates for budget planning, project screening and investment decisions to achieve value for money and Cost Leadership for the Contracts.
• Develop and agree valuation schedules and implement valuation of project work done, prepare variation accounts and timely/quality payment certificates and final accounts for the to achieve effective contract cost management and budget performance.
• Produce timely and quality cost estimates/Bills of Quantities/MTOs for MSC planning, contract screening and investment decisions in line with Departmental Key Performance Indicators (KPIs) to achieve value for money and Cost Leadership.
• Develop Enquiry Schedules of Rates, Work Breakdown Structure (WBS) and Cost Time Resources, Bills of Quantities and Materials Take –Off (MTO) for identified maintenance contracts in order to achieve a standard, uniform and consistent bid document to Company’s Contract & Procurement Department (CPM) to facilitate effective and common basis for job pricing by vendors, ensure efficient, transparent and auditable bid analysis and support effective post contract management the maintenance services contracts.
• Develop tender analysis models for schedule of rates contracts to aid management’s decision to award call-off contracts and ultimately achieve value for money
• Contribute to maintenance change management process by analysing trends and potential change impact on maintenance cost, assessing, negotiating and agreeing valuation of variations (change orders) with contractors and advise maintenance leaders in respect of raising financial commitments and obtaining authorities for variations to achieve proper project cost control and value for money.
• Maintain a database of all current PM contracts, including current site estimates, original, current and forecast final status in respect of cost and progress to ensure consistency, integrity, quick retrieval of cost information to keep cost within approved budget.