About this role
Estimation & Costing
- Prepare detailed cost estimates and budgets for EPC, Transmission, Distribution, District Cooling Systems (DCS), Substation, and other AESL projects.
- Analyze tender documents, scope of work, technical specifications, drawings, and commercial terms to develop accurate estimates.
- Develop BOQs (Bill of Quantities), cost sheets, and pricing models for project bids.
- Estimate engineering, procurement, construction, commissioning, logistics, and contingency costs.
Tendering & Bid Management
- Coordinate with Business Development and Tendering teams during bid preparation.
- Review RFQs, RFPs, and tender enquiries to understand customer requirements.
- Prepare techno-commercial proposals and bid submissions within defined timelines.
- Support management during bid reviews, negotiations, and project award discussions.
Techno-Commercial Evaluation
- Conduct technical and commercial evaluation of vendor and subcontractor quotations.
- Identify cost optimization opportunities through value engineering and alternative solutions.
- Ensure proposed solutions meet technical specifications while remaining commercially competitive.
- Compare multiple bid scenarios to recommend the most viable solution.
Cost Analysis & Risk Assessment
- Analyze market trends, material prices, labor costs, and subcontracting costs.
- Assess commercial, contractual, and execution risks associated with the bid.
- Prepare sensitivity analyses and identify risk mitigation measures.
- Ensure project margins align with organizational objectives.
Stakeholder Coordination
- Collaborate with Engineering, SCM, Finance, Projects, Legal, and Contracts teams.
- Engage with vendors, consultants, and customers for technical and commercial clarifications.
- Present estimation assumptions, costing methodologies, and commercial strategies to leadership teams.
Process Improvement & MIS
- Maintain cost databases, benchmarking records, and historical project cost data.
- Develop estimation templates and standard costing methodologies.
- Prepare estimation reports, bid summaries, management presentations, and commercial analyses.
- Ensure adherence to internal policies, governance requirements, and audit standards.
Educational Qualifications
- Bachelor's Degree in Electrical Engineering / Mechanical Engineering / Civil Engineering.
- MBA / PGDM in Finance, Operations, Project Management, or Business Management will be preferred.
- Certification in Cost Engineering, Estimation, Contracts Management, or Project Management will be an added advantage.
Experience
- 8-15 years of experience in estimation, bidding, techno-commercial, contracts, EPC, transmission, power utility, infrastructure, energy, district cooling, or industrial projects.
- Hands-on experience in tendering, cost estimation, bid management, and commercial evaluation.
- Experience in EPC projects, Transmission Lines, Substations, Distribution Networks, Renewable Energy, District Cooling Systems, or Infrastructure Projects preferred.
- Exposure to project costing, budgeting, vendor management, contract reviews, and profitability analysis.
Technical Competencies
- Cost Estimation & Budgeting
- Techno-Commercial Bid Preparation
- Tendering & Proposal Management
- EPC Project Costing
- BOQ Preparation & Analysis
- Contract & Risk Assessment
- Financial Modelling & Cost Analysis
- Vendor & Subcontractor Evaluation
- Value Engineering
- Commercial Negotiation
- Project Economics & Profitability Analysis
- Advanced MS Excel, SAP, ERP Systems, Power BI (preferred)
Behavioral Competencies
- Analytical Thinking
- Commercial Acumen
- Negotiation Skills
- Stakeholder Management
- Attention to Detail
- Problem Solving
- Result Orientation
- Planning & Execution Excellence
- Communication & Presentation Skills