Eversource will not offer immigration-related sponsorship for this position. Applicants who require immigration sponsorship-either now or in the future-should not apply. This includes, but is not limited to, direct company sponsorship, listing Eversource as the employer of record on immigration documents, or any work authorization that requires company involvement or documentation (e.g., H-1B, OPT, STEM OPT, CPT, TN, J-1, O-1, etc.).
This position has the primary responsibility for leading and evolving the strategic cost estimating function to drive competitive bid management and pricing strategies for high-profile, fast-turnaround projects. The role requires expertise in competitive bidding processes, creative problem-solving under limited scope definition, and industry best practices for cost estimation in a dynamic and high-stakes environment. The candidate must have experience in competitive bid development across industries such as large-scale utility infrastructure, construction, bringing innovative and strategic approaches to cost estimation and proposal development.
Essential Functions: Strategic Cost Estimating & Competitive Bid Management
- Lead the cost estimating function with a focus on high-profile, time-sensitive competitive bids.
- Develop strategic and creative approaches to cost estimation, particularly for projects with limited scope definition and high uncertainty.
- Oversee the development of estimates for Transmission and Distribution Substations and other major capital projects.
- Ensure a competitive edge in cost estimates by leveraging data-driven analytics, market intelligence, and historical bid performance.
- Establish rapid-response estimating methodologies for fast-turnaround deadlines.
- Identify and quantify project risks, develop contingency assumptions, and integrate risk-based pricing strategies.
- Collaborate with System Planning, Engineering, and Operations to refine and enhance estimate accuracy.
- Maintain and improve cost estimating tools, databases, and templates to ensure consistency, efficiency, and precision across projects.
- Implement a continuous improvement process to analyze historical bid outcomes and refine estimating methodologies accordingly.
- Ensure estimates incorporate direct costs, indirect costs, overheads, and regulatory considerations.
Cross-Industry & Competitive Bidding Expertise
- Apply competitive bid management experience from construction, energy, or large infrastructure projects.
- Lead cost estimation efforts for Department of Energy (DOE) bids, ISO/RTO projects, and other federal or state funding opportunities.
- Develop strategies to navigate regulatory frameworks and compliance requirements in bid submissions.
- Work closely with internal and external stakeholders to position bids competitively in evolving industry landscapes.
Capital Program & Budget Integration
- Align strategic cost estimates with capital planning efforts to optimize budget forecasting and resource allocation.
- Support the development and management of the 1-Year and 5-Year capital budget.
- Drive coordination between Transmission Business Unit priorities and broader corporate financial objectives.
- Implement best practices for cost control, value engineering, and capital efficiency.
Regulatory & External Stakeholder Engagement
- Work in coordination with the Regulatory and Rates department to ensure cost estimates align with FERC Transmission Rate Protocols, ISO-NE requirements, and state Transmission Cost Adjustment Mechanisms.
- Prepare and support regulatory filings, cost recovery mechanisms, and project cost justification efforts.
- Engage with external partners, including vendors and contractors, to ensure alignment on competitive cost structures.
Technical Knowledge/Skill/Education/Licenses/Certifications:Technical Knowledge/Skill:
- Deep expertise in competitive bid management, strategic cost estimation, and project pricing strategies.
- Strong understanding of cost estimation for large-scale utility, infrastructure, and/or DOE-funded projects.
- Ability to develop innovative estimating approaches for projects with minimal scope definition.
- Experience in market-based cost modeling, procurement strategies, and risk-based pricing techniques.
- Proficiency in project cost accounting systems (PowerPlan, FSSP) and estimating tools.
- Strong knowledge of electric transmission, distribution, and substation project cost structures.
- Ability to translate complex technical and financial data into competitive bid strategies.
- Excellent negotiation and stakeholder engagement skills.
- Ability to motivate and lead a team, applying effective leadership skills.
- Working knowledge of information technology and use of Eversource's office automation and information systems.
- Ability to enhance internal and external customer satisfaction.
- Strong communication skills, including the ability to make formal presentations and translate technical information into terms that are meaningful to the audience.
- Ability to develop and use collaborative relationships to facilitate the accomplishment of work goals.
- Project Accounting System Knowledge (Power Plan - FSSP)
- Comprehensive Electric Industry Estimating Knowledge and Experience
Education:
- Bachelor's degree in Engineering or related field.
- Advanced degree in Engineering or Business Administration desirable.
Experience:
- Ten years related experience with at least five years' experience in major project cost estimating (electric transmission preferred).
- Experience in technical, operational, or engineering aspects of electric utility industry.
- Experience in large-scale competitive bidding, or utility/infrastructure cost estimation preferred.
- Transmission experience strongly preferred.
Working Conditions: - Must be available to work emergency restoration assignment as required.
- Must be available to travel between MA/CT/NH as necessary.
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Competencies:Build trusting relationships
Manage and develop people
Foster teamwork and cross-functional collaboration
Lead change
Communicate strategic vision
Create an engaged workforce
Focus on the customer
Take ownership & accountability
Compensation and Benefits: Eversource offers a competitive total rewards program. Check out our careers site for an overview of our benefits programs. Salary is commensurate with your experience. This position is eligible for a potential incentive. The annual salary range for this position is:
$159,800.00-$177,550.00
Worker Type:Regular
Number of Openings:1
Emergency Response:Responding to emergency situations to meet customers' needs is part of every employee's role. If employed, you will be given an Emergency Restoration assignment. This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.
