Principal Cost Estimator, Electric Transmission

National Grid; Boston (MA); Hybrid; USD 157,000 - 185,000; Full time

Job summary

An established industry player is seeking a Principal Cost Estimator to enhance their electric transmission projects. This hybrid role involves developing detailed cost estimates, analyzing project costs, and collaborating with various teams to ensure project success. You will lead cost estimation efforts for competitive solicitations, identify potential risks, and maintain a comprehensive cost database. If you have a strong background in cost estimation and a passion for the energy sector, this position offers a unique opportunity to shape the future of energy delivery while advancing your career in a supportive and inclusive environment.

Qualifications

• 5+ years of experience in cost estimation for electric transmission projects.
• Proficiency in cost estimation software and tools.

Responsibilities

• Develop and manage cost estimates for electric transmission projects.
• Collaborate with project managers and engineers for accurate cost assessments.

Skills

Cost Estimation

Analytical Skills

Problem-Solving

Communication Skills

Attention to Detail

Risk Management

Education

Bachelor's degree in Engineering

Master's degree in related field

Tools

Primavera

Microsoft Excel

SAP

Oracle

AutoCAD

Job description

About us

Every day we deliver safe and secure energy to homes, communities, and businesses. We are there when people need us the most. We connect people to the energy they need for the lives they live. The pace of change in society and our industry is accelerating and our expertise and track record puts us in an unparalleled position to shape the sustainable future of our industry. To be successful we must anticipate the needs of our customers, reducing the cost of energy delivery today and pioneering the flexible energy systems of tomorrow. This requires us to deliver on our promises and always look for new opportunities to grow, both ourselves and our business.

At National Grid Ventures, we aim to create an environment where everyone is welcomed for who they are and where our differences are celebrated. We utilize the insights of our employees that come from all different cultures, backgrounds, and beliefs to better serve our customers and communities.

National Grid Ventures is hiring a Principal Cost Estimator, Electric Transmission. The hybrid role can be located in our Brooklyn, NY, Boston, MA or Waltham, MA office.

Job Purpose

The Principal Cost Estimator, Electric Transmission, will be responsible for developing and managing cost estimates for electric transmission projects. This role involves preparing detailed cost estimates, analyzing project costs, and providing cost-related insights to support project planning and execution. The Principal Cost Estimator will work closely with project managers, engineers, procurement teams, and other internal and external stakeholders to ensure accurate and comprehensive cost assessments. A significant focus will be on competitive transmission solicitations, ensuring that cost estimates are competitive and align with industry standards.

Key Accountabilities

Cost Estimation: Develop detailed cost estimates for multiple concurrent electric transmission projects, including new construction, upgrades, and maintenance of transmission lines, substations and/or converter stations.
Competitive Solicitations: Lead the cost estimation efforts for competitive transmission solicitations, ensuring that estimates are accurate, competitive, and compliant with solicitation requirements.
Project Analysis: Analyze project specifications, drawings, and other documentation to prepare accurate cost estimates.
Collaboration: Work closely with project managers, engineers, financial modeling, supply chain and procurement teams to gather necessary information and ensure alignment on project scope and cost estimates. Work within existing processes to procure resources as needed.
Risk Assessment: Identify potential cost risks and develop mitigation strategies to manage cost uncertainties.
Reporting: Prepare and present cost reports, summaries, and analyses to project teams and senior management.
Continuous Improvement: Stay updated with industry trends, cost estimation methodologies, and best practices to continuously improve the accuracy and efficiency of cost estimation processes.
Cost Database Development: Build and maintain a comprehensive database of cost information for electric transmission projects. Ensure that the database is regularly updated with accurate and relevant cost data, and utilize it to enhance the precision and reliability of cost estimates.

Qualifications

Bachelor's degree in Engineering, Construction Management, or a related field. A Master's degree is preferred.
Minimum of 5 years of experience in cost estimation for electric transmission projects or related fields, with a strong focus on competitive transmission solicitations, along with additional commensurate experience in development, construction or operation of large energy infrastructure.
Proficiency in cost estimation software and tools, such as Primavera, Microsoft Excel, and other relevant applications. Experience with platforms like SAP, Oracle, and AutoCAD is highly desirable.
Strong analytical and problem-solving skills with the ability to interpret complex project data and develop accurate cost estimates.
Excellent verbal and written communication skills, with the ability to present cost information clearly and concisely to various stakeholders.
High level of attention to detail and accuracy in cost estimation and reporting.
Professional certifications such as Certified Cost Professional (CCP) or Project Management Professional (PMP) are a plus.
Experience with high voltage direct current (HVDC), and 345kV up to 765kV HVAC electric transmission projects and estimation preferred.
Familiarity with regulatory requirements and industry standards for electric transmission projects.
Experience in Monte Carlo, PERT or similar cost sensitivity analysis is highly desirable.
Experience working for Engineering, Construction / EPC Firm developing their Cost Estimates for Bids / Proposals would be Highly Desirable.
Knowledge of risk management and cost control techniques.

Job Dimensions- Budget/Direct Reports

This position may require occasional travel to project sites and meetings with stakeholders.
The role involves working in an office environment with standard office equipment.
Operate effectively within a matrix organization, collaborating with various departments and Project Teams. Coordinate with multiple teams and stakeholders to ensure cohesive project execution and alignment with organizational goals.

More Information

Salary

New England, MA: $157,000 - $185,000 a year

Downstate, NY: $168,000 - $198,000 a year

This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.

National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.