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3.0 - 6.0 years
3 - 7 Lacs
Ahmedabad
Work from Office
Bachelor's Job Opportunity: Contract & Estimation Engineer Location: Ahmedabad, Gujarat, India Department: Contracts & Estimation Industry: Hydrocarbon & Energy Sector About the Role We are looking for a dynamic and detail-driven Contract & Estimation Engineer to join our growing team. This pivotal role bridges technical expertise with commercial acumen, ensuring accurate cost forecasting, robust contract management, and competitive bid strategies for high-impact projects in the hydrocarbon and energy sectors. If you thrive in a fast-paced, engineering-driven environment and are passionate about delivering precision and value in every project phasefrom estimation to execution this role is for you. Key Responsibilities Cost Estimation & Analysis Develop detailed, data-driven cost estimates for EPC and turnkey projects, including materials, labor, equipment, and subcontractor services. Analyze engineering drawings, technical specifications, and project documentation to ensure accurate and comprehensive estimates. Prepare and manage Bills of Quantities (BOQ), cost breakdown structures, and pricing models. Maintain a centralized cost database and benchmarking tools for continuous improvement and future reference. Leverage advanced estimation software (e.g., Candy, CostX, Excel-based models) to enhance accuracy and efficiency. Contract Management Interpret and manage contract documents, including scope of work, commercial terms, and technical clauses. Support contract drafting, negotiation, and administration with clients, vendors, and subcontractors. Ensure full compliance with contractual obligations, timelines, and deliverables throughout the project lifecycle. Identify contractual risks and opportunities, and recommend mitigation strategies or value engineering options. Bid & Tender Management Lead the preparation and submission of competitive, compliant, and compelling bid proposals. Coordinate with cross-functional teams to compile bid documentation, technical inputs, and commercial terms. Evaluate supplier and subcontractor quotations, ensuring alignment with project scope and budget. Conduct bid analysis, pricing reviews, and participate in client negotiations and clarifications. Vendor & Supplier Engagement Source, evaluate, and negotiate with suppliers and subcontractors to ensure cost-effective procurement. Build and maintain strong vendor relationships to support project delivery and strategic sourcing. Ensure supplier compliance with technical and commercial requirements. Project Execution Support Collaborate with project managers and site teams to monitor project costs, progress, and contractual compliance. Provide real-time support for change orders, claims, and dispute resolution. Track project performance against estimates and provide variance analysis and corrective actions. Reporting & Communication Prepare and present detailed reports on cost estimates, contract status, bid outcomes, and project performance. Maintain clear and consistent communication with internal stakeholders, clients, and partners. Continuous Improvement Stay abreast of industry trends, market rates, and best practices in estimation and contract management. Propose and implement process improvements to enhance accuracy, efficiency, and competitiveness. Required Qualifications Bachelors degree in Mechanical Engineering, Construction Management, or a related discipline. 3 to 5 years of hands-on experience in cost estimation and contract management within the hydrocarbon or energy sector. Strong understanding of engineering principles, construction methodologies, and industry standards. Proficiency in estimation and project management tools (e.g., MS Excel, Candy, Primavera, MS Project). Excellent analytical, negotiation, and communication skills. Ability to manage multiple priorities and deadlines in a dynamic environment. re Preferred Qualifications Master's degree in Mechanical Engineering or related field. Professional certifications such as AACE (Cost Estimation), PMI (Project Management), or equivalent. Experience with international contract frameworks(e.g., FIDIC, NEC). Familiarity with local and international contract laws and regulatory standards. Exposure to large-scale EPC or turnkey projects in the hydrocarbon and energy domain. Working Conditions Primarily office-based in Ahmedabad, with occasional site visits. Flexibility to work extended hours to meet critical project deadlines. Willingness to travel as per project requirements. Why Join Us? Be part of a forward-thinking organization driving innovation in the energy sector. Work on high-impact projects that shape the future of sustainable energy. Collaborate with industry experts and grow your career in a supportive, performance-driven culture.
Posted 1 day ago
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