Bid & Cost Estimation Executive - Metro

Adani Group; Mumbai; On-site; INR 900,000 - 1,400,000; Full time

Job summary

Adani Group in Mumbai seeks a Cost Estimation Executive to lead tender costing, site-condition assessment, and cost-saving initiatives. You will collaborate with techno-commercial teams and vendors to ensure accurate, competitive estimates.

Responsibilities include preparing detailed estimates per MORTH/IRC guidelines, maintaining bid records, and supporting change of scope and claims. A civil engineering background with 8 years’ experience in construction is preferred.

Qualifications

• BE/B.E. in Civil Engineering with approx. 8 years' experience in construction and infra.00
• Experience in cost estimation for tenders and site visits to assess material costs.
• Knowledge of MORTH/IRC guidelines for cost estimation.

Responsibilities

• Support tender costing including quantity estimation and bids (HAM/TOT/BOT) per bid documents and site conditions.
• Study bid documents, identify anomalies, and seek clarifications from the client.
• Conduct site visits to assess material availability and costs; prepare site visit reports.
• Prepare detailed cost estimates per MORTH/IRC guidelines and rate analysis.
• Monitor site investigations by pre-bid consultants; verify consultant estimates with techno-commercial data.
• Support vendor management to procure deliverables and compare offers with internal estimates.
• Maintain bid document records and a database of inputs, prices, and vendor details.

Skills

Cost estimation know-how

Tender costing

Site condition assessment

Vendor management

Data management & analytics

Regulatory compliance (RMRW)

Education

BE / B.E. in Civil Engineering

Job description

Purpose/Objective

Cost Estimation Executive ensures accurate and competitive project cost estimation and analysis through thorough assessment of bid documents, site conditions, and material availability. Collaborate effectively with cross‑functional teams to gather necessary data and support vendor management activities. Utilize technical expertise to apply industry advancements and implement innovative cost‑saving measures, while maintaining meticulous documentation and adherence to quality and safety standards.

Key Responsibilities of Role

• Project Cost Estimation and Analysis:
  • Support in costing for tenders, including quantity estimation and costing for HAM, TOT, BOT highway bids based on bid documents and site conditions.
  • Study bid documents, identify anomalies, and seek clarifications from the client.
  • Conduct site visits to assess material availability and costs and prepare site visit reports.
  • Prepare detailed cost estimates based on MORTH/IRC guidelines and rate analysis.
  • Monitor the activities of site investigation by pre‑bid consultants.
  • Verify consultant estimate with respect to checklist – obtain prices for supply items in consultation with the techno‑commercial team.
• Vendor Management:
  • Support vendor management activities to ensure effective procurement of deliverables.
  • Review and compare contractor offers with internal estimates to determine competitive pricing.
• Documentation and Record‑keeping:
  • Maintain accurate records of bid documents and amendments for future reference and communication to stakeholders.
  • Record and maintain a database of scope, bid documents, and drawings to ensure easy retrieval for future projects.
  • Maintain a database of vendors, as‑built quantities, policy circulars, state‑wise royalty and raw‑material source to ensure easy retrieval for future projects.
  • Maintain a database of key inputs material prices to assess future trends.
  • Prepare necessary presentations to communicate bid analyses and strategies effectively.
  • Assist in assignments such as change of scope and preparation of claim statements.
• Technical Expertise and Innovation:
  • Study the latest technical specifications and technological advancements relevant to the industry and apply them to projects.
  • Identify and implement value engineering options to optimize project costs.
  • Adhere to quality and safety policies and guidelines in cost estimation.
• Key Stakeholders:
  • Internal: Techno Commercial Team, Planning, Projects
  • External: Contractors, Vendors

Technical Competencies

• Business Know‑how - RMRW
• Civil Engineering Know‑how - RMRW
• Construction Techniques Know‑how - RMRW
• Data Management & Analytics - RMRW
• Quantity Survey Management - RMRW
• Regulatory Compliance - RMRW

Qualifications and Experience

• Education Qualification: BE / B.
• Technical in Civil Engineering, 8 years of work experience (Preferred). Industry: Construction and Infrastructure Development