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Cost Engineer -Prime - Birmingham

Requisition ID:  213941

  • Relocation Authorized:  None
  • Project No.:  26129
  • Grade:  23
  • Position to be Panel Interviewed?  No 

Phase 2b, Bechtel will work with HS2 to develop the Phase 2 route from Crewe to Manchester and Birmingham to Leeds, and to integrate it seamlessly with Phase 1 and the existing national rail network. Working in an integrated team with our customer, High Speed Two Limited, we will manage and support the development and submission of the Phase 2b hybrid legislation to government. 

When complete, HS2 will connect eight of the 10 largest cities in the U.K., and provide a huge boost to its future economic prosperity. Bechtel’s role on this exciting project will help unlock benefits, including job opportunities, to the people, communities, and businesses in the Midlands and North of England.


Position Summary:  The Cost Engineer’s primary purpose is to support the Bechtel Prime by planning, developing and owning all the cost elements within the Bechtel Prime contract. The cost engineer will be responsible for analysing data and providing support to enable successful decision making by the Project Team. As the Development Partner Bechtel provides services as part of an integrated team for the High Speed 2 project during the development phase of this major programme.


Primary responsibilities and associated duties include:

  1. Manages and prepares the Bechtel Services Cost report, undertakes analysis of actuals variance against forecast through reviewing and understanding the underlying cost model (staffing costs and other costs) and the actuals transactions from the finance system.
  2. Maintains the Bechtel cost model, including updating the model based on trends and compensation events. Prepares re-forecasts periodically, based on guidance from Project Controls Manager.
  3. Reviews transactions to ensure correct cost coding allocations, and correct job code billing, including challenging apparently erroneous charges with the initiator.
  4. Work with team members to manage and interpret large data sets
  5. Reviews supplier invoices and RFPs for consistency and completeness and prepares file for PM review and signature.
  6. Prepares the project PFSR including current forecast, CWC and CTC GM earning methodology.
  7. Prepares the monthly Bechtel dashboard and President Operating report. 
  8. Reviews, owns, updates and amends as appropriate the Excel-based services cost model used on the project.
  9. Manages the internal Trend process, including generating trend values based on staffing plan and other cost variance, and maintaining the project Trend log.
  10. Interfaces with the Finance function to understand and advise on accruals.
  11. Assiss in certain prime-related matters, including providing cost estimates for additional services, and reviewing and incorporating client change orders in to the cost systems. Maintains the revenue model.
  12. Reviews prime-related correspondence for potential Trends and assists with the preparation of early warnings (NEC Option E contract).



  • Right to work in the UK without company sponsorship
  • Achieved, or working towards, a professional qualification in either cost engineering or accounting.  .
  • Project Controls cost engineering experience
  • Familiarity with Bechtel's financial reporting system, Natural Classifications
  • Experience with preparing PFSR
  • Bachelor’s degree in Engineering, Construction Management, Finance or Business

Bechtel’s internal staffing policy includes the minimum time that you need to be in your current position before applying to a new position.  Please refer to the applicable policy manual and ensure you meet the minimum requirements.