Cost Estimator

A cost estimator is a professional who analyzes and determines the projected expenses associated with a particular project, product, or service. Their role is to assess various factors such as materials, labor, equipment, and overhead costs to provide accurate estimations of the total expenditures involved. Cost estimators utilize their expertise and industry knowledge to evaluate project specifications, create detailed cost breakdowns, and identify potential risks and cost-saving opportunities. Their work is essential in helping businesses and organizations make informed decisions regarding budgeting, pricing, and resource allocation, ensuring projects are financially viable and successful.

Compensation & Benefits:

Estimated Starting Salary Range for Cost Estimator: $95,500K to $105,000K. 

Full time benefits include Medical, Dental, Vision, 401K and other possible benefits as provided. Benefits are subject to change with or without notice.

Cost Estimator Responsibilities Include: 

• Creates detailed line-item (Class 3) cost estimates, reviews work orders, programming documents, design documents, or similar project documentation.
• Knowledge of cost estimating software. 
• Performs economic analyses as required for FSRM projects, or works with AF Lifecycle Management Center or Architect/Engineer contractor staff on data required to complete an EA.
• The primary responsibility of a cost estimator is to provide accurate cost estimates for a project. They use their expertise and knowledge of industry standards to calculate the anticipated expenses, including material costs, labor costs, equipment costs, subcontractor fees, and overhead expenses. They may utilize cost estimating software or create detailed spreadsheets to break down costs item by item.
• Cost estimators conduct research to gather data on material prices, labor rates, equipment costs, and other relevant factors. They stay updated with market trends, supplier prices, and industry benchmarks to ensure their estimates reflect current market conditions.
• Cost estimators determine the quantities of materials, equipment, and labor required for a project. They read and interpret architectural and engineering drawings, perform take-offs, and use measurement tools to quantify the amount of resources needed accurately.
• Cost estimators evaluate potential risks and uncertainties that may impact the project's cost. They consider factors such as market volatility, unforeseen circumstances, and changes in regulations to incorporate appropriate contingencies in their estimates.

Cost Estimator Experience, Education, Skills, Abilities requested: 

• A minimum of 7-10 years’ experience in cost estimating for design and construction facility projects. 
• Bachelor’s Degree in Construction Management preferred. 
•  Provide demonstrated performance of work in the following areas:
  • Knowledge of Air Force Asset Management philosophy, techniques, and strategy to include experience with Air Force Comprehensive Asset Management Plan project prioritization (assets and their mission/condition) and Air Force Activity Management Plan budgeting process (projects associated with each asset) for Facilities, Utilities, Transportation & Airfield Pavements, Natural Infrastructure and Real Property requirements & opportunities
  • Broad but in-depth knowledge of Asset Management core principles coupled with proven performance in implementation of this program must be demonstrated to senior civil engineering management. This knowledge could be demonstrated in prior experience instructing/directing AF installation personnel, or higher level stakeholders, in asset management or portfolio optimization. Must exhibit skills in assessing risks, costs, and benefits to optimize the cradle-to-grave performance and value of Air Force assets—and maximize mission support
  • Demonstrated skill leading installation migration to Asset Management processes that facilitate informed decisions which take into account mission considerations and asset performance data (space utilization, condition, and operational costs) in order to identify near-term investment priorities and long-term investment requirements
  • Five (5) or more years of USAF Civil Engineering experience in engineering project programming and strategic planning for installation infrastructure development
  • Cost estimating using RS Means, PACES, DoD Pricing Guide or other tools is preferred. Emphasis is placed on skills/experience in lifecycle cost estimating practices over actual experience in DoD approved cost estimating tools (i.e. PACES)
• Must pass pre-employment qualifications of Cherokee Federal
• Must be a US citizen.
• Must be able to pass a National Agency Check Investigations (NACI)/SF85 background check and drug screen

Company Information:

Cherokee Nation Strategic Programs (CNSP) provides support, services, and solutions to federal and commercial customers. The company takes a personalized approach to solving our clients' toughest challenges, helping you make the most of your skills. CNSP is part of Cherokee Federal – a team of tribally owned federal contracting companies. For more information, visit cherokee-federal.com.

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List 5 similar job titles:

• Construction Estimator
• Project Estimator
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• Pricing Analyst
• Financial Analyst (with a focus on cost estimation)

List 5 keywords:

• Construction Estimator
• Project Estimator
• Quantity Surveyor
• Pricing Analyst
• Financial Analyst (with a focus on cost estimation)

Legal Disclaimer: Cherokee Federal is an equal opportunity employer. Please visit cherokee-federal.com/careers for information regarding our Affirmative Action and Equal Opportunity Employer Statement, and Accommodation request.