Pre-Construction Budget Specialist
4 days ago
We are seeking a Pre-Construction Budget Specialist to join our team at K2 Staffing in Irving, TX. As a Budget Specialist, you will be responsible for analyzing project plans, specifications, and contract documents to prepare detailed and accurate cost estimates for commercial construction projects.
About the Job- Estimated Salary: $80,000 - $100,000 per year (based on location and industry standards)
The ideal candidate will have a strong understanding of construction methods, materials, and labor costs, as well as excellent analytical and communication skills.
Key Responsibilities- Project Analysis and Bid Preparation:
- Review project plans, specifications, and contract documents to understand project scope and requirements.
- Analyze blueprints, drawings, and other technical documents to determine project needs.
- Prepare comprehensive cost estimates and proposals, including itemized breakdowns of labor, materials, equipment, and subcontractor costs.
- Quantity Takeoffs and Costing:
- Perform quantity takeoffs from construction drawings and specifications to determine material quantities and labor requirements.
- Utilize construction estimating software and databases to calculate costs based on unit prices, labor rates, and material costs.
- Verify pricing and availability of materials and equipment from suppliers and subcontractors.
- Cost Analysis and Value Engineering:
- Evaluate alternative construction methods, materials, and design options to optimize project costs without compromising quality.
- Collaborate with project teams to identify value engineering opportunities and cost-saving measures.
- Subcontractor and Vendor Management:
- Solicit and evaluate bids from subcontractors and suppliers for various trades and services.
- Negotiate pricing, terms, and contracts with subcontractors to ensure competitive bids.
- Maintain relationships with subcontractors and suppliers to facilitate efficient procurement.
- Risk Assessment and Contingency Planning:
- Identify and quantify potential risks and uncertainties that may impact project costs.
- Develop contingency plans to mitigate risks and account for unforeseen circumstances or changes in project scope.
- Client Engagement and Communication:
- Present cost estimates, proposals, and bid documents to clients, architects, engineers, and project stakeholders.
- Explain cost assumptions, methodologies, and pricing strategies to justify the proposed budget.
- Address client inquiries, concerns, and requests for modifications to ensure alignment with project goals.
- Documentation and Reporting:
- Maintain accurate records of cost estimates, bid documents, subcontractor agreements, and project-related correspondence.
- Prepare reports, summaries, and analyses of estimated costs, bid results, and project budgets for internal review and client presentation.
- Document any changes or revisions to cost estimates throughout the bidding process and project lifecycle.
Qualifications & Requirements
- Bachelor's degree in Construction Management, Civil Engineering, Quantity Surveying, or related field.
- Proven experience in commercial construction estimating or a similar role.
- Proficiency in construction estimating software such as RSMeans, Sage Estimating, Procore, or equivalent.
- Strong understanding of construction methods, materials, building codes, and industry standards.
- Excellent analytical skills with the ability to interpret construction drawings, specifications, and technical documents.
- Effective communication and negotiation skills with the ability to interact professionally with clients, subcontractors, and project teams.
- Detail-oriented approach with a focus on accuracy and precision in cost estimation and analysis.
- Ability to work independently, prioritize tasks, and meet deadlines in a dynamic and fast-paced environment.
- Familiarity with project management principles and practices is a plus.
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