Costing Engineer / Cost Estimator

Job description / Role

Cost Engineer – Mea

Purpose
• The Cost Engineer supports the proposal team and is accountable for the complete estimating lifecycle: Request for Quotation (RFQ) to Quote.

Responsibility
• This role coordinates, directs and leads estimating efforts to ensure optimum costing and coordination of projects and programs to ensure team meets customer expectations and manufacturing requirements.

Reports
• Commercial engineering team (Proposls Team)

Responsibility
• The Costing Engineer is responsible for determining the current/expected material costs of Client supplied equipment to establish the budget during the execution of the project:
• Work in conjunction with Category Managers, Engineering, and Sales to develop the best cost strategy for Projects
• Lead the execution of the cost strategy utilizing quotations, vendor contracts, material costing database (MCDB), cost standards, and historical data
• Elaboration of RFQ´s and technical/commercial evaluation
• Host/Initiate regular sourcing progress review, check pending items, assign action plan to relevant people
• Determine freight cost to the jobsite from the expected fabrication or ex-works location
• Develop and maintain cost standards to assist in future costing
• Develop and maintain files and records of current costs of equipment, products, and components
• Develop Supply Chain Resource plan
• Evaluate risk and contingencies to be included in proposal material costing
• Review existing contracts to compare estimated versus actual costs
• At project award, communicate to the execution team the costing strategy to be followed
• At project completion, complete lessons learned on business plan/GPC/ITO Sourcing Dashboard results