Estimation Engineer

Multitex Filtration Engineers Ltd; Dadri; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Multitex Filtration Engineers Limited is seeking an experienced Estimation Engineer to prepare accurate cost estimates, quantity take-offs and pricing for equipment, materials and manpower for Oil & Gas EPC projects.

The role supports the proposals team in building competitive and technically sound commercial offers, coordinating with Engineering, Procurement, Projects and Proposal teams to ensure timely submissions and risk mitigation.

Qualifications

• 5+ years of experience in Estimation, Costing or Cost Engineering.
• Oil & Gas / EPC industry experience is mandatory.
• Proficiency in BOQ/MTO preparation, rate analysis and cost estimation techniques.
• Experience with GeM tendering/e-bidding is a plus.
• Ability to read and interpret P&IDs, GA drawings and technical specifications.
• Strong numerical, analytical and coordination skills.

Responsibilities

• Prepare detailed cost estimates for Oil & Gas EPC projects, covering equipment, materials, manpower, subcontracts and services.
• Study RFQs, tender documents, technical specifications, drawings, BOQ/MTO and client requirements to derive scope for estimation.
• Prepare and issue RFQs with technical specifications and commercial terms to approved vendors.
• Prepare Material Take-Offs (MTO) and Bill of Quantities (BOQ) from drawings and specifications.
• Obtain and evaluate vendor/sub-contractor quotations and build cost comparison sheets.
• Follow up with vendors regularly for timely quotations, clarifications and revised offers.
• Verify vendor prices against previous POs, market rates and the cost data bank.
• Develop price build-ups, rate analysis and cost breakdown structures for technical and commercial submissions.
• Finalise prices with verified rates, margins, contingencies and escalation, with management approval.
• Coordinate with Engineering, Procurement, Projects and Proposal teams for estimation inputs, technical queries and vendor offer compliance.
• Support GeM tendering, e-Bids and Reverse Auction submissions with costing and estimation data.
• Identify cost risks, escalation factors and contingencies, and highlight them to management.
• Build and maintain a data bank of cost (historical costs, vendor rates, estimation records).
• Assist in preparing responses to technical/commercial clarifications during pre-bid and post-bid stages.
• Ensure estimates are accurate, complete and submitted within defined timelines.

Skills

Estimation & Costing

Analytical ability

Tools

MS Excel

MS Office

Estimation software

Job description

Multitex Filtration Engineers Limited is looking for an experienced Estimation Engineer with strong exposure to Oil & Gas EPC projects. The role will be responsible for preparing accurate cost estimates, quantity take-offs and pricing for equipment, materials, manpower and services, and for supporting the proposals team in building competitive and technically sound commercial offers.

Key Responsibilities:

• Prepare detailed cost estimates for Oil & Gas EPC projects, covering equipment, materials, manpower, subcontracts and services.
• Study RFQs, tender documents, technical specifications, drawings, BOQ/MTO and client requirements to derive scope for estimation.
• Prepare and issue RFQs with technical specifications and commercial terms to approved vendors.
• Prepare Material Take-Offs (MTO) and Bill of Quantities (BOQ) from drawings and specifications.
• Obtain and evaluate vendor/sub-contractor quotations and build cost comparison sheets.
• Follow up with vendors regularly for timely quotations, clarifications and revised offers.
• Verify vendor prices against previous POs, market rates and the cost data bank.
• Develop price build-ups, rate analysis and cost breakdown structures for technical and commercial submissions.
• Finalise prices with verified rates, margins, contingencies and escalation, with management approval.
• Coordinate with Engineering, Procurement, Projects and Proposal teams for estimation inputs, technical queries and vendor offer compliance.
• Support GeM tendering, e-Bids and Reverse Auction submissions with costing and estimation data.
• Identify cost risks, escalation factors and contingencies, and highlight them to management.
• Build and maintain a data bank of cost (historical costs, vendor rates, estimation records).
• Assist in preparing responses to technical/commercial clarifications during pre-bid and post-bid stages.
• Ensure estimates are accurate, complete and submitted within defined timelines.

Required Qualifications & Skills:

• 5+ years of relevant experience in Estimation, Costing or Cost Engineering.
• Mandatory: Oil & Gas / EPC industry experience.
• Strong knowledge of BOQ/MTO preparation, rate analysis and cost estimation techniques.
• Hands-on exposure to GeM tendering/e-bidding is an added advantage.
• Ability to read and interpret P&IDs, GA drawings and technical specifications.
• Strong analytical, numerical and coordination skills.
• Proficiency in MS Excel and MS Office; familiarity with estimation software is a plus.