Costing & Budgeting Head

DSP ENGINEERING SERVICES PRIVATE LIMITED; Bengaluru; On-site; INR 1,500,000 - 2,500,000; Full time

Job summary

DSP ENGINEERING SERVICES PRIVATE LIMITED is looking for an experienced Head Costing & Budgeting in Bengaluru, India. This role encompasses leadership in costing and budgeting, quantity surveying, and tender management. The successful candidate will drive cost control and commercial reporting for construction projects while optimizing profitability through effective commercial decision-making.

With a strong background in construction costing and experience in managing multiple project disciplines, the role demands collaboration with clients and stakeholders to ensure project success and cost efficiency.

Qualifications

• Strong expertise in construction costing and quantity surveying.
• Experience in tender costing and commercial review.
• Knowledge of FIDIC and contractual obligations.

Responsibilities

• Lead costing and budgeting for various construction disciplines.
• Ensure accurate quantities and proper BOQ management.
• Prepare and review tender budgets and pricing summaries.
• Monitor actual vs. forecast costs and prepare cost reports.
• Lead value engineering to identify cost-saving opportunities.

Job description

DSP Engineering Services Pvt. Ltd. is seeking an experienced and commercially strong Head Costing & Budgeting to lead costing, budgeting, quantity surveying, estimation, tender costing, BOQ review, cost control, and commercial reporting functions. The role demands strong expertise in construction costing, quantity take-offs, budget preparation, rate analysis, tender documentation, value engineering, cost benchmarking, contract administration, and project cost monitoring. The candidate will establish a structured costing function that ensures accurate pricing, cost visibility, margin protection, tender competitiveness, and effective commercial decision-making.

Key Responsibilities

1. Costing & Budgeting Leadership

• Lead costing and budgeting functions for construction, engineering, QS, BIM, MEP, architectural, structural, and project support services.
• Prepare and validate budgets, estimates, BOQs, rate analysis, tender costing, and commercial submissions.
• Develop cost control frameworks and support pricing strategy, margin analysis, and cost planning.

2. Quantity Surveying & BOQ Management

• Review quantity take-offs, BOQs, measurement sheets, and cost schedules.
• Ensure quantities are accurate and aligned with drawings, specifications, and project scope.
• Guide teams on BOQ structuring, trade-wise costing, and measurement practices based on IS 1200 standards.
• Review civil, structural, architectural, MEP, interior, and infrastructure quantities.

3. Tender Costing & Bid Support

• Lead tender costing and commercial review for proposals, RFQs, RFPs, and bids.
• Prepare tender budgets, pricing summaries, and cost breakdowns.
• Identify missing scope, risks, exclusions, and commercial gaps before submission.
• Support competitive pricing and margin protection strategies.

4. Rate Analysis & Cost Benchmarking

• Develop rate analysis templates for all construction disciplines and consultancy services.
• Maintain historical cost data, productivity norms, vendor rates, and market benchmarks.
• Prepare cost comparisons, variance analysis, and value engineering options.
• Build standard costing libraries for recurring projects.

5. Cost Control & Commercial Monitoring

• Monitor budgets against actual, committed, and forecast costs.
• Prepare cost reports, variance reports, and commercial dashboards.
• Identify cost overruns, scope creep, underpricing, and margin leakage early.
• Recommend corrective actions to improve profitability and project performance.

6. Contractual & FIDIC Knowledge

• Review commercial terms, payment conditions, variations, claims, and contractual obligations.
• Apply FIDIC knowledge in payment certification, claims, notices, and extensions of time.
• Support commercial correspondence, variation statements, and claim-related cost documentation.

7. Value Engineering & Cost Optimization

• Lead value engineering to identify cost-saving opportunities without compromising quality or performance.
• Analyze design alternatives, materials, procurement strategies, and construction methods.
• Provide practical cost optimization recommendations during design, tendering, and execution.

8. Team Leadership & Process Development

• Lead and mentor cost engineers, quantity surveyors, estimators, and commercial teams.
• Establish SOPs for costing, budgeting, BOQ review, rate analysis, and cost reporting.
• Implement quality checks and train teams on measurement standards and commercial best practices.
• Improve productivity, review discipline, and delivery consistency.

9. Client & Stakeholder Coordination

• Attend client meetings, tender discussions, and commercial reviews.
• Present cost summaries, budget recommendations, risks, and value engineering options.
• Coordinate with consultants, contractors, vendors, and internal teams.
• Ensure timely communication and response to commercial queries.