Estimator - CBRE
Indianapolis, IN
About the Job
Estimator
Job ID
202843
Posted
22-Jan-2025
Service line
GWS Segment
Role type
Full-time
Areas of Interest
Project Management
Location(s)
Remote - US - Remote - US - United States of America
RESPONSIBILITIES
The purpose of this position is to develop cost estimates in support of a project management delivery team/solution.
Characteristics of responsible costs:
Complexity: Medium to High
Risk: Medium
Duration: Mid term [weeks to months]
Value: Typically < $2 Million USD
Region: LMA and/or Local GWS Account
ESSENTIAL DUTIES AND RESPONSIBILITIES
Prepare accurate and detailed construction cost estimates in a BOQ (Bill of Quantities) or similar format, from high-level conceptual design through final construction document completion. Support the Cost Manager in the development of an overall Project Cost Plan.
Research regional pricing of material and labor using published documents and market data. Produce detailed quantity take-offs using OST (or similar cost platform). Maintain cost benchmarking information as point of comparison to market data; adjust as necessary based on client attributes, market conditions, and project specifics.
Interfaces directly with Clients or cost/project management team to define cost requirements and goals and issue recommendations as needed. Set up estimate work breakdown structure to align with budget and cost reporting system.
Understand best practices in construction pricing and delivery methods; participate in design reviews and lead value engineering reviews to achieve budgetary goals. Work in partnership with engineering teams and participate in design and construction meetings to guide design solutions with cost efficiencies.
Prepare detailed bid analysis and review sessions with project teams and senior management to validate a quantity record booklet (or equivalent) submitted by contractors/subcontractors. Perform peer review of estimates generated by other functional teams contributing to the project solution; issue recommendations and input for use on the project.
Support the Project/Cost Manager when reviewing and approving large change orders and the review of invoices submitted for review/approval during the project.
Work with the Project Manager to produce monthly project reports on estimating activities. Implements cost documentation governance aligned with company and Client requirements. Ensure cost data integrity and documentation is accurate, timely, and coordinated. Implements communication plan for meetings and written reports/meeting minutes to keep client and cost resources informed.
Other duties as assigned.
SUPERVISORY RESPONSIBILITIES
No formal supervisory responsibilities in this position.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Mechanical, Electrical and Plumbing system knowledge experience required. Must know how to read mechanical drawings, plumbing drawings, and electrical drawings.
EDUCATION and EXPERIENCE
Bachelor's degree (BA/BS/BEng/BArch) from College or University in a technical area of study.
Minimum 3 years of related experience and/or training preferred. Demonstrated specific Estimating skills & responsibilities in a previous position
CERTIFICATES and/or LICENSES
RICS (Royal Institute of Chartered Surveyors) or CIOB (Chartered Institute of Building) accreditation preferred.
COMMUNICATION SKILLS
Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
FINANCIAL KNOWLEDGE
Requires knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts basic financial analysis.
REASONING ABILITY
Ability to understand and carry out general instructions in standard situations. Ability to solve problems in standard situations. Requires intermediate analytical and quantitative skills.
OTHER SKILLS and ABILITIES
Intermediate skills with Microsoft Office Suite. Working knowledge in MS Project is helpful. Knowledge with estimating software such as OST preferred. Ability to read and understand architectural drawings. Knowledge of leases, contracts, and construction practices preferred.
SCOPE OF RESPONSIBILITY
Decisions made with general understanding of procedures and company policies to achieve set results and deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.
SAFETY
CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the Estimator position is $70,000.00 annually [or $33.65 per hour] and the maximum salary for the Estimator position is $79,000.00 annually [or $37.98 per hour]. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE’s applicable benefit program.
Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.
CBRE GWS
CBRE Global Workplace Solutions (GWS) works with clients to make real estate a meaningful contributor to organizational productivity and performance. Our account management model is at the heart of our client-centric approach to delivering integrated real estate solutions. Each client is entrusted with a dedicated leader and is supported by regional and global resources, leveraging the industry's most robust platform. CBRE GWS delivers consistent, measurably superior outcomes for our clients at every stage of the lifecycle, and across industries and geographies.
Find out more (https://www.cbre.com/real-estate-services/directory/global-workplace-solutions)
CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)
Job ID
202843
Posted
22-Jan-2025
Service line
GWS Segment
Role type
Full-time
Areas of Interest
Project Management
Location(s)
Remote - US - Remote - US - United States of America
RESPONSIBILITIES
The purpose of this position is to develop cost estimates in support of a project management delivery team/solution.
Characteristics of responsible costs:
Complexity: Medium to High
Risk: Medium
Duration: Mid term [weeks to months]
Value: Typically < $2 Million USD
Region: LMA and/or Local GWS Account
ESSENTIAL DUTIES AND RESPONSIBILITIES
Prepare accurate and detailed construction cost estimates in a BOQ (Bill of Quantities) or similar format, from high-level conceptual design through final construction document completion. Support the Cost Manager in the development of an overall Project Cost Plan.
Research regional pricing of material and labor using published documents and market data. Produce detailed quantity take-offs using OST (or similar cost platform). Maintain cost benchmarking information as point of comparison to market data; adjust as necessary based on client attributes, market conditions, and project specifics.
Interfaces directly with Clients or cost/project management team to define cost requirements and goals and issue recommendations as needed. Set up estimate work breakdown structure to align with budget and cost reporting system.
Understand best practices in construction pricing and delivery methods; participate in design reviews and lead value engineering reviews to achieve budgetary goals. Work in partnership with engineering teams and participate in design and construction meetings to guide design solutions with cost efficiencies.
Prepare detailed bid analysis and review sessions with project teams and senior management to validate a quantity record booklet (or equivalent) submitted by contractors/subcontractors. Perform peer review of estimates generated by other functional teams contributing to the project solution; issue recommendations and input for use on the project.
Support the Project/Cost Manager when reviewing and approving large change orders and the review of invoices submitted for review/approval during the project.
Work with the Project Manager to produce monthly project reports on estimating activities. Implements cost documentation governance aligned with company and Client requirements. Ensure cost data integrity and documentation is accurate, timely, and coordinated. Implements communication plan for meetings and written reports/meeting minutes to keep client and cost resources informed.
Other duties as assigned.
SUPERVISORY RESPONSIBILITIES
No formal supervisory responsibilities in this position.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Mechanical, Electrical and Plumbing system knowledge experience required. Must know how to read mechanical drawings, plumbing drawings, and electrical drawings.
EDUCATION and EXPERIENCE
Bachelor's degree (BA/BS/BEng/BArch) from College or University in a technical area of study.
Minimum 3 years of related experience and/or training preferred. Demonstrated specific Estimating skills & responsibilities in a previous position
CERTIFICATES and/or LICENSES
RICS (Royal Institute of Chartered Surveyors) or CIOB (Chartered Institute of Building) accreditation preferred.
COMMUNICATION SKILLS
Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
FINANCIAL KNOWLEDGE
Requires knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts basic financial analysis.
REASONING ABILITY
Ability to understand and carry out general instructions in standard situations. Ability to solve problems in standard situations. Requires intermediate analytical and quantitative skills.
OTHER SKILLS and ABILITIES
Intermediate skills with Microsoft Office Suite. Working knowledge in MS Project is helpful. Knowledge with estimating software such as OST preferred. Ability to read and understand architectural drawings. Knowledge of leases, contracts, and construction practices preferred.
SCOPE OF RESPONSIBILITY
Decisions made with general understanding of procedures and company policies to achieve set results and deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.
SAFETY
CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the Estimator position is $70,000.00 annually [or $33.65 per hour] and the maximum salary for the Estimator position is $79,000.00 annually [or $37.98 per hour]. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE’s applicable benefit program.
Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.
CBRE GWS
CBRE Global Workplace Solutions (GWS) works with clients to make real estate a meaningful contributor to organizational productivity and performance. Our account management model is at the heart of our client-centric approach to delivering integrated real estate solutions. Each client is entrusted with a dedicated leader and is supported by regional and global resources, leveraging the industry's most robust platform. CBRE GWS delivers consistent, measurably superior outcomes for our clients at every stage of the lifecycle, and across industries and geographies.
Find out more (https://www.cbre.com/real-estate-services/directory/global-workplace-solutions)
CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)
Source : CBRE