Cost Estimation Engineer

Asmacs Contracting Est.; Al Khobar; On-site; SAR 120,000 - 150,000; Full time

Job summary

Asmacs Contracting Est. in Al Khobar, Saudi Arabia is looking for a Cost Estimator to prepare comprehensive cost estimates and tender packages for EPC oil and gas projects. The ideal candidate will have 6-8 years of relevant experience and a strong background in tendering processes.

The position requires excellent analytical skills and the ability to coordinate with various teams and stakeholders. Proficiency in Excel and knowledge of estimation software will be beneficial for optimizing costs and managing databases.

Qualifications

• 6-8 years of experience in cost estimation and tendering processes.
• Experience with oil & gas, EPC, or power sectors preferred.
• Ability to work with multicultural teams and client representatives.

Responsibilities

• Prepare competitive cost estimates and tender pricing packages.
• Review tender documents, specifications, and client instructions.
• Analyze vendor and subcontractor quotations; recommend options.

Skills

Cost estimation

Tendering

Rate build-up

Procurement interfaces

Strong Excel skills

Education

Bachelor's degree in engineering

Tools

Estimation software

ERP systems

Job description

Responsible for preparing accurate competitive compliant and auditable cost estimates and tender pricing packages for EPC oil gas power and industrial projects.

Key Responsibilities

• Review tender documents, drawings, specifications, scope of work, client instructions, contract conditions, and site requirements to develop a clear basis of estimate.
• Attend pre-bid meetings, site visits, and organize internal tender review meetings as required.
• Develop tender clarifications, assumptions, exclusions, qualifications, and commercial notes in coordination with proposal engineering procurement legal and operations teams.
• Prepare cost estimates, BOQs, MTOs, manpower histograms, equipment requirements, subcontract packages, temporary facilities, preliminaries, and risk allowances.
• Analyze vendor and subcontractor quotations technically and commercially, prepare comparison sheets, identify deviations, and recommend compliant and cost-effective options.
• Support value engineering, alternative solutions, constructability reviews, and cost optimization.
• Maintain an organized database of rates, supplier quotations, assumptions, and lessons learned for future tenders.

Qualifications & Technical Skills

• Bachelor's degree in engineering.
• 6-8 years of experience.
• BOQ, MTO, tendering, rate build-up, procurement interfaces, subcontract evaluation, technical/commercial clarification, cost database management.
• Strong ability to work with multicultural teams, client representatives, subcontractors, vendors, and internal departments.
• Experience with Aramco, SEC, EPC, oil & gas, power, industrial maintenance, construction, or shutdown tenders preferred.
• Strong Excel skills; knowledge of estimation software, and ERP systems is an advantage.