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    Job · 15731436

    Lloyds Steel Industries Ltd. logo

    Estimation & Costing Engineer

    Lloyds Steel Industries Ltd. · Mumbai · onsite · Posted 48d ago

    Undisclosed8–10 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    Job Profile


    The Estimation and Costing Engineer is responsible for preparing accurate cost estimates, quantity take-offs, and budgets for civil & Interior finishing, construction projects. The role involves analyzing drawings, specifications, and project scope to ensure competitive and profitable bidding while maintaining quality and compliance standards.

    Key Responsibilities

    1. Quantity Take-Off & Cost Estimation

    • Review architectural, Interior and structural drawings, BOQs, and specifications.
    • Perform detailed quantity take-offs for civil works (RCC, finishing, infrastructure, etc.).
    • Prepare cost estimates including materials, labour, equipment, and overheads.
    • Develop rate analysis for various construction activities.

    2. Tendering & Bidding

    • Analyse tender documents and identify scope, risks, and constraints.
    • Prepare tender submissions with accurate pricing and supporting documents.
    • Coordinate with vendors and subcontractors to obtain quotations.
    • Participate in pre-bid meetings and clarify technical/commercial queries.

    3. Cost Planning & Budgeting

    • Prepare project budgets and cost plans.
    • Monitor project costs and identify deviations from the budget.
    • Suggest cost optimization strategies without compromising quality.

    4. Vendor & Subcontractor Management

    • Evaluate vendor quotations and negotiate pricing.
    • Maintain a database of approved vendors and rate history.
    • Assist in finalizing subcontractor packages.

    5. Coordination & Reporting

    • Work closely with design, procurement, and project execution teams.
    • Prepare cost comparison statements and reports.
    • Provide regular updates on estimate revisions and project costing.

    Key Skills

    • Strong knowledge of construction methods and materials.
    • Proficiency in estimation software and tools (e.g., Excel, AutoCAD, MS Projects, or equivalent).
    • Good understanding of BOQ preparation and rate analysis.
    • Strong analytical and numerical skills.
    • Excellent negotiation and communication skills.
    • Attention to detail and ability to meet deadlines.

    Preferred Skills

    • Experience in EPC or large-scale construction projects.
    • Familiarity with contracts and commercial terms.
    • Knowledge of local construction codes and standards.

    Work Environment

    • Office-based with occasional site visits as required.

    Sourced from naukri

    Skills

    Estimation

    About Lloyds Engineering Works Limited

    Lloyds Steel Industries Ltd. logo

    Lloyds Steel Industries Ltd.

    Industrial Machinery

    250

    employees

    1974

    52 years old

    Mumbai, Maharashtra

    India

    ₹6.4L PA avg

    Avg at Lloyds Engineering Works Limited

    About

    A diversified manufacturing group specializing in steel products, combining advanced technology and infrastructure to enhance customer service and growth.

    Industries

    Industrial MachineryIron & Steel

    Employee ratings

    10 reviews

    4.3/ 5

    Culture

    3.6

    Career growth

    3.4

    Work-life

    3.7

    Employees rate it well for

    Overall Company43Job Security41

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    Estimation & Costing Engineer · waiting for your command