Our client, a leading general contractor based in Chicago, is seeking a Construction Cost Analyst to join their team. The Construction Cost Analyst will play a vital role in accurately estimating project costs across various construction projects. This position requires a deep understanding of construction methodologies, material pricing, and labor costs.
Key Responsibilities:
- Conduct thorough analysis of project plans and specifications to determine material, labor, and equipment requirements.
- Collaborate with subcontractors and vendors to gather competitive bids and pricing information.
- Utilize advanced estimating software and spreadsheets to prepare detailed cost estimates.
- Work closely with project management to develop comprehensive budgets and proposals for clients.
- Attend pre-bid meetings and site visits to gather critical project information.
- Negotiate pricing with subcontractors and vendors to ensure cost-effective solutions.
- Maintain meticulous records of project estimates, bids, and communications.
- Stay abreast of industry trends and pricing fluctuations to ensure accurate estimates.
- Contribute to value engineering initiatives aimed at optimizing project costs while maintaining quality standards.
- Provide valuable support during the bidding process and assist with bid analysis when necessary.
Qualifications:
- Bachelor’s degree in Construction Management, Engineering, or related field.
- Minimum of 3 years of experience in construction cost analysis or estimating.
- Proficiency in industry-standard estimating software and tools.
- Strong analytical mindset with the ability to solve complex problems.
- Exceptional communication and negotiation skills.
- Demonstrated ability to thrive in both independent and collaborative work environments.
- Keen attention to detail and a commitment to accuracy.
