Estimation Engineer

Job description

**About Zeeco:** Zeeco is a global leader in advanced combustion and environmental solutions. With a strong presence in the oil & gas, refining, petrochemical, and power industries, we are recognized for delivering reliable, efficient, and clean technologies. Zeeco India supports global projects with engineering and documentation excellence. ### Responsibilities - Preparation and floating enquiry for Bough out items to various Vendors and evaluation of their quotes - Evaluate quotations and getting clarifications with respect to project requirements - Coordination with purchase team for fabrication rates. - Discussion with manufacturing team for evaluating the Shop Man Hours. - Discussion with engineering team to arrive at engineering man hours - Coordination with Construction team for evaluation of erection cost and Modularization assembly charges (For Export bids) - Analysing the scope of project and complexity involved for evaluating the Project and Engineering Man Hours - Preparation of cost optimization points, take off and add on calculations. - Final Preparation of commercial estimates for customers by optimally utilizing resources at the Head Office and coordinating with various departments like Proposals, E&I, Detail Engineering, Construction team, Purchase, Logistics, Finance - Participation in Order Transfer Meeting during receipt of order - Preparation of Scope (WBS) Wise Budget and releasing in the system. - Supporting with Project / Procurement team at post order stage for providing Budget Basis and evaluation of those BO items. - Participation in Cost Review Meeting during execution phase with Projects / Finance / Marketing / Planning / Procurement - Checking of raw material price / steel Price Trend and availability in local market during regular intervals. - Reviewing the raw material Rate contracts and preparing the comparison schedule. - Preparation of cost database for various Bought out items. - Analyse about the cost overrun / savings and its impact on project. ### Requirements - Knowledge about Oil & Gas products and equipments - Knolwedge about design codes and material specification such as ASTM, EN, Piping standards - Review project specification, P& ID, formulate Bill of Quantity and identify key cost drivers - Review of vendor proposals, technical and commercial clarifications and cost reduction methods - Financial instruments and its implication on input cost, project cash flow working and payment terms - Internal review with engineering regarding optimization of bill of quantity and manufacturing regarding man hour optimization - Identify risk involved and mitigation process