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Cost Engineer

Requisition ID:  235127

Requisition Posting End Date: 06/10/2021

Company Overview:

Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.


Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers’ objectives to create a lasting positive impact.


We serve the Infrastructure; Nuclear, Security & Environmental; Energy; and Mining & Metals markets. Our services span from initial planning and investment, through start-up and operations. Core to Bechtel are our values – ethics, safety, quality, people, culture, relationships, innovation and sustainability, and our covenants – integrity, respect, collaboration, trust, and delivery. They are what we believe, what customers can expect, and how we deliver.


Project Description:

Multi-year UK nuclear infrastructure programme for which Bechtel will provide PMO (including Project Management, Project Controls, Commercial, Safety, Quality and Regulatory Assurance leadership) services.


Role Overview:

  1. Works at project level involved in delivery of infrastructure several hundred million pounds in value. Reports to the Lead Cost Engineer and by matrix reporting to the Project Controls Manager.
  2. Provides comments and recommendations for cost engineering requirements relative to staffing and project control. Prepares detailed staffing plans for cost engineering activities.
  3. Reviews design scope criteria and quantities for completeness and reasonableness, and collaborates with the project to develop additional estimating bases when information is incomplete. Establishes the conceptual scope of studies when definition is not available.
  4. Assists in reviewing proposal provisions related to cost engineering and material control and develops helping data for contract negotiations. Obtains vendor information to update the cost data file. Applies material unit rates to quantities. Maintains cost data files.
  5. Interfaces with management and client counterparts for specific cost presentations.
  6. Participates in developing and presenting training classes on designated subjects and on-the-job training for specific processes and practices.
  7. Helps the timely preparation of cost estimates. Prepares and examines comparisons of scope, quantities, and cost data between the projects. Performs productivity analysis of Construction operations and verifies results. Establishes productivity basis to be utilized in estimates, as developed with the concurrence of Construction. Reviews labor estimates for reasonableness.
  8. Collaborates the pricing structure or criteria that will be used by each discipline or specialty to meet the objectives of the project. Establishes format and content of summaries and reconciliations, including segregation of cost according to level of confidence and identification of areas of risk.
  9. Prepares or reviews distributable and/or contractor’s indirect cost estimates, and develops the basis for temporary facilities, miscellaneous construction services, construction tools and equipment, non- manual manpower, startup services, payroll taxes and insurance, support facilities and operation, and other field office costs. Researches and develops or reviews tax estimates, including federal, state, and local tax issues. Assists in developing or develops foreign currency and exchange rate cost data.
  10. Prepares and examines comparisons of scope, quantities, and cost data between projects. Develops bid evaluation cost and schedule criteria and prepares bid evaluations.
  11. May participate in discussions with suppliers.
  12. Defines project needs for cost control in accordance with established Bechtel and client contractual requirements, objectives, and procedures. Supervises the timely performance of cost control activities. Reviews and critiques design and specifications for cost effectiveness and suggests alternatives when appropriate. Prepares or supervises the preparation of cost studies utilizing historical data, statistical analysis, and cost and quantity comparisons. Develops innovative new techniques to meet specific needs, as required. Prepares cost trend estimates in support of project cost trend programs.
  13. Undertakes cost recording, monitoring, and reporting practices for compliance with applicable standards. Responsible for the development and accuracy of cost engineering reports. Verifies consistency with previous reports to ensure compatibility. Responsible for issuing reports required by management and project procedures.
  14. Responds to investigating requirements for cost control data for a specific discipline or other specialty applications. Performs cost analysis support for the project and recommends development or modification of cost engineering data standards.
  15. Collaborates information input into specific studies. Responsible for integration of activities and total work scope identification. Evaluates study results and recommends conclusions for project team consideration and discussion.
  16. Assists in developing unit job hour and pricing data for a specific discipline or other specialty. Performs data analysis, identifies problems, and makes recommendations.
  17. Creates and implements measurement systems for given processes, examines performance metric results, and identifies improvements. Uses statistical tools to assess metrics (e.g., regression, analysis of variance, correlation), and examines measurement systems to identify bias, repeatability, and stability issues.


Level 1 Basic Qualifications:

  • Bachelor’s (BS/BA) degree from an accredited university and at least six (6) years of professional experience, or in lieu of a degree, high school diploma or equivalent and at least twelve (12) years of professional experience.
  • The candidate will have gained cost engineering experience across several projects.
  • The candidate will have led cost engineering on at least one project of £50M capital value.


Level 2 Basic Qualifications:

  • Bachelor’s (BS/BA) degree from an accredited university and at least nine (9) years of professional experience, or in lieu of a degree, high school diploma or equivalent and at least fifteen (15) years of professional experience.
  • The candidate will have gained cost engineering experience across several projects.
  • The candidate will have led cost engineering on at least one project of £50M capital value.


Minimum Qualifications:

  • The position is open to United Kingdom (UK) Nationals only due to security clearance requirements. Dual citizen with UK citizenship may be considered. 
  • This position is also subject to a successful interview and agreement upon terms and conditions of employment. Candidate must be able to obtain an SC security clearance.
  • Experience in performing, monitoring, and reviewing cost engineering functions, which include cost estimating, cost control, and cost analysis, in the field and the home office.
  • Knowledge of supervision, personnel administration, and training of technical and non-technical personnel.
  • Statistical knowledge in the areas of sampling, distributions, probability, and hypothesis testing for metrics.
  • Skilled in oral and written communication.
  • Proficiency with multiple discipline specific software applications such as Microsoft Office Applications such as Word, Excel and PowerPoint and or cost processors such as EcoSys.
  • Knowledge of financial reporting systems and controller account codes, and understanding of Controller instructions, which impact Project Controls (including Project Financial Status Reports and Earned Revenue Determination Data).
  • Intermediate level of knowledge of engineering, procurement, contracts, construction, and startup work processes.
  • Knowledge of engineering and construction management customarily acquired over time through specialized instruction or practical experience.


Preferred Qualifications:

  • EPC/EPCM/EVMS experience on major infrastructure programmes.
  • Cost Engineering experience on nuclear and/or defence projects, or projects of similar complexity.
  • Experience on UK construction projects of >£500M TIC.
  • APM / PMI qualifications or similar.
  • Must be able to obtain and maintain SC--Security Clearance


What we offer

At Bechtel we offer a competitive salary package with the opportunity for flexible working to achieve greater work-life balance. Employee wellbeing is at the centre of our business and Bechtel is acted to offering you the benefits and resources to live healthy lives. We can offer:

Flexible Working

Private Medical Coverage

Life Insurance Program

Pension Scheme

Employee Assistance Program

Long Term Disability Scheme


Our Commitment

Bechtel’s Vision, Values and Covenants pull us to the ideals of fairness, diversity, inclusion, trust, and collaboration, among others. These values help define our culture, our way of doing business, and the positive impact we aspire to make in the world through our people and projects. At our project sites and offices, we have many colleagues from different nationalities, religions, and backgrounds working together to accomplish amazing things.



Shaping tomorrow together

Bechtel is one of the most respected global engineering, construction, and project management companies. Together with our customers, we deliver landmark projects that foster long-term progress and economic growth. Since 1898, we’ve completed more than 25,000 extraordinary projects across 160 countries on all seven continents. We operate through four global businesses: Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals. Our company and our culture are built on more than a century of leadership and a relentless adherence to our values, the core of which are safety, quality, ethics, and integrity. These values are what we believe, what we expect, what we deliver, and what we live.

Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, disability, citizenship status (except as authorized by law), protected veteran status, genetic information, and any other characteristic protected by federal, state or local law.