Senior Estimator

Veritas Steel LLC

• $95K — $115K *
Lisle, IL 60532In-Person
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8-12 years of experience in estimating for heavy civil or bridge projects
  • Strong knowledge of estimating concepts and steel fabrication methods
  • Familiarity with AWS, AREMA, AISC COSP, and DOT standards
  • Ability to interpret drawings and project specifications
  • Proficient in Microsoft Office and MS Project

Responsibilities

  • Oversee accuracy of all estimate components including labor hours and material costs
  • Take ownership of complex bids and ensure complete understanding of estimates
  • Conduct detailed analyses of drawings and specifications for completeness
  • Mentor junior estimators on best practices and assist in resolving discrepancies
  • Lead bid review meetings and present estimates for management approval
  • Communicate critical budgetary assumptions and concerns to senior management
  • Formulate strategies for procurement and subcontracting based on project needs

Benefits

  • Opportunity for leadership growth within the estimating function
  • Collaborative work environment with a focus on mentorship
  • Emphasis on safety, quality, schedule, and cost adherence
  • Exposure to complex and high-value projects
  • Development of strategic estimating skills through hands-on experience
Full Job Description
Position Summary:

Estimators are critical to the success of Veritas Steel. Their technical and business-development skills are essential to winning work by accurately bidding a variety of potential steel bridge fabrication projects. Veritas relies on its Senior Estimator to take the guesswork out of our largest and most complex bids. The Senior Estimator is responsible for taking client-requested scopes and is accountable for accurately preparing material and labor take-offs, assisting purchasing with the solicitation of buyouts, providing logistical information as it pertains to our scope of work, applying estimated labor hours, and delivering timely and accurate estimates and bid proposals. The Senior Estimator helps ensure that project goals are met and that the budget is adhered to. This is a senior individual-contributor role. The Senior Estimator owns the most complex and highest-value bids and mentors junior estimators in estimating best practices. The position is positioned to grow into greater leadership responsibility within the estimating function over time. Core objectives include functional understanding and interpretation of RFP documents, application of historical rate and production data, and development of junior estimating staff through mentoring and improved work processes. The Senior Estimator should be analytical, persistent, and adept at multi-tasking.

Principal Duties and Primary Responsibilities:
• Responsible for the accuracy of all components of assigned estimates, including correct labor hours assigned to the proper tasks, accurate labor rates, internal cost allocations, assumptions, material, transportation, and all buyout services such as detailing and other services not performed by Veritas Steel.
• Take ownership of the largest and most complex bids, knowing each estimate inside and out.
• Estimate the cost of all self-performed work, all outside goods and services, and all other project indirect costs.
• Conduct a thorough analysis of all drawings, standard specifications, project specifications, and bid documents, ensuring all required information is reviewed.
• Read the specifications and develop notes for unique or extraordinary items.
• Conduct a detailed formal review of all subcontract and permanent material pricing.
• Prepare special studies or reports required by the unusual nature of certain bid items or conditions.
• Take the lead in pricing the lowest cost across all disciplines.
• Actively prepare timely and thorough estimates for all change orders. Technical Leadership & Mentoring
• Mentor and develop junior estimators in the preparation of estimates.
• Provide technical direction on complex estimating problems encountered during bid preparation.
• Review quantities and cost estimates prepared by junior estimators for completeness and adherence to procedures; aid in resolving differences in bid items.
• Provide critical and strategic input on estimate options to give Veritas the best chance at a successful proposal.

Demonstrate the desire to win the project and an understanding of the strategy required to be the low bidder.
• Serve as a deputy to the Chief Estimator, stepping in to cover bid leadership as needed.

Process, Communication & Review
• Schedule and prepare for estimate reviews.
• Lead bid review meetings and present to management.
• Prepare and present the developed estimate for executive review and signoff.
• Coordinate the effort to complete all bid forms and assemble the proposal to customers.
• Maintain complete ownership and knowledge of the RFP and our response, including any exceptions and clarifications.
• Monitor key estimating metrics reviewed by senior management; ensure estimates fall within accepted boundaries and be able to explain any that fall outside them.
• Communicate critical issues and estimate assumptions to the Chief Estimator and VP as they arise, to keep everyone aligned and eliminate late changes.
• Facilitate clear communication across estimating, detailing, purchasing, and production.

Knowledge & Strategy
• Know how to build the project (best practices, sequence, geographic challenges); work with discipline leads to capture lessons learned and put the plan on paper.
• Use recognized fabrication techniques and procedures to conduct estimates in line with company policy.
• Understand historical project cost data for benchmarking against current estimates.
• Stay current on trends and developments such as new equipment, means and methods, and procedures.
• Formulate procurement and subcontracting strategy. • Work to fully understand the business, industry, and changing marketplace in which Veritas Steel operates.

Measures of Performance
• Fully supportive of Veritas Steel's Values and Principles, including the safety-quality-schedule-cost hierarchy.
• Estimate accuracy as measured by bid-to-build variance on awarded projects.
• On-time submission of bids and bid forms. • Win rate on bids led by the Senior Estimator, consistent with company targets.
• Effective mentoring and demonstrable development of junior estimators. • Quality, accuracy, thoroughness, and reliability of work performed.
• Satisfaction of annual Goals and Objectives.

Knowledge, Skills and Abilities
• 8 to 12 years of experience in estimating, fabrication, or similar manufacturing of heavy civil/bridge projects. This is a senior role requiring a strong command of advanced estimating concepts and the ability to manage multiple complex bids simultaneously.
• Ability to read and interpret drawings, specifications, project data, and contract documents, including AWS, AREMA, AISC COSP, and DOT standards.
• Extensive knowledge of general estimating and engineering principles and the methods of steel fabrication.
• Ability to visualize the assembly process of fabricated pieces and apply labor accordingly based on established rates.
• Understanding of AWS welding symbols.
• Highly proficient in Microsoft Office (Excel, Word, Outlook, PowerPoint) and MS Project.
• Understanding and proficiency in developing CPM master project proposal schedules.

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