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Cost Estimator V

The Tsui Group is seeking a qualified and experienced candidate to join our aviation team as a Cost Estimator V in Los Angeles County with the following duties.

 Essential Job Duties:

  • Review the proposal and assist with the determination of merit
  • Review the scope specified within the proposal to ensure it includes the appropriate scope
  • Review the labor rates to ensure conformance to the contract specifications
  • Review labor productivity to ensure that the labor hours are in conformance with working restrictions, overtime is appropriate, etc
  • Review quantities and ensure there is a fair and reasonable representation of additional scope, as well as possible credits
  • Review the material pricing and validate against R.S. Means for other pricing references
  • Review pre-purchased material or equipment and/or equipment rental rates against fair and reasonable pricing references
  • Review contractor mark-ups to ensure that the correct mark-ups are being used and that any mark- up caps are not exceeded
  • Discuss the LAWA position after the contractor established their position.Share the basis of the LAWA position to ensure fair and reasonable understanding
  • Seek to find points of agreement early in the discussion and document the agreements
  • Determine points of disagreement and path to resolution. Adopt a reasonable, but contractual attitude
  • Develop the record of negotiation documentation
  • Develop detailed cost estimates from the engineering drawings; proactively identify deficiencies and/or questions; and actively assist the project team toward the answers
  • Actively reconcile the internal estimates with those prepared by third-parties; engage the third- party entities in an informative, collaborative reconciliation; and communicate the results of the reconciliation effort
  • Proactively establish a routine reporting cycle that clearly communicates when an estimate changes and why
  • Prepare and review material take-offs from planning documents or engineering drawings
  • Prepare detailed breakdown of components and elements of estimates for systems and subsystems
  • Prepare estimates by applying unit rates for man hours, labor dollars, material dollars, and construction equipment dollars and all-in unit cost determination, calculating extensions and the application of standard factors, overhead rates and fees.
  • Accumulate, evaluate and document historical cost data for the development of future estimates
  • Prepare and/or review final Engineer’s estimate
  • Review contract documents and contract modifications to determine scope of work and equitable cost allowance for scope changes
  • Provide coordination and liaison with project management and project engineering personnel throughout the estimate development
  • Train subordinate estimating personnel when necessary
  • Contribute to the advancement of ADG’s goals through commitment to productive collaboration with all stakeholders
  • Proved accuracy, reliability and completeness in job accomplishment
  • Demonstrated success on the job, as evidenced by satisfactory performance, acceptance of responsibility and growth in previous position
  • Effective oral and written communication skills
  • May assume other duties as required/needed
  • Maybe required to work various shifts as needed
  • Hybrid schedule.

Minimum Requirements:

  • 20+ years of general estimating experience directly related to both engineering and construction projects

Education and Professional Experience:

  • Bachelor’s degree in Engineering, Construction Management or related field
  • Master's degree strongly preferred

Hardware and Software Experience:

  • Demonstrated proficiency estimating formats, including Uniformat II
  • Proficient with industry estimating databases and other estimating datasources, e.g. RS Means, Richardsons, etc.
  • Proficient with large-scale estimating software
  • Experience with On-screen Take-off and MC2 is highly desirable
  • MicrosoftOffice Suite

Registration/Certification:

  • Required to have certified estimating professional credentials
  • Certifications required, may include PMP, PE, and/or any other relevant ProfessionalLicensure or Certification

Other Qualifications:

  • Self-starter attitude with proved results-oriented focus
  • Demonstrates a proactive, firm and respectful approach to estimate reconciliation efforts and change order processing
  • Establish a personable, but contractual stance with the contractor
  • Has demonstratable specialized experience/area of expertise.
  • Previous experience with public airport projects is a must; experience within a commercial airport terminal is highly desirable
  • Demonstrated experience with complex estimate reconciliations and changeorder negotiations 

  • Salary Range: $188,000-$193,000
  • Medical, Vision, & Dental – 100% covered for the employee*
  • Life and Disability Insurance
  • 10.5 days of Vacation pay (Accrued)
  • 6 days of Sick pay (Available Immediately)
  • 10 days of Holiday pay (9 Holidays, 1 Personal Day)
  • 3% Employer Contribution 401k (After 1 year of service)
  • Monthly Stipend for Cell Phone
  • Laptop for work purposes

Average salary estimate

$190500 / YEARLY (est.)
min
max
$188000K
$193000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Cost Estimator V, The Tsui Group

The Tsui Group is on the lookout for a talented Cost Estimator V to join our dynamic aviation team! If you have a penchant for numbers and a keen eye for detail, this position is an exceptional opportunity to showcase your skills. As a Cost Estimator V, you will play a vital role in reviewing proposals and determining merit while ensuring that labor rates and productivity align with contract specifications. Your expertise will be essential when assessing material pricing and verifying contractor mark-ups, making certain that everything is fair and equitable. Communication is key in this role, as you'll engage in collaborative discussions with contractors and contribute to a transparent negotiation process. Your involvement will not stop there; you’ll actively create detailed cost estimates using engineering drawings, work closely with project management and engineering teams, and check and communicate reconciliations with third-party estimators. With over 20 years of general estimating experience and a strong educational background in Engineering or Construction Management, you will truly help elevate our projects. Additionally, we appreciate your proactive approach and that special knack for training junior team members. At Tsui Group, we prioritize growth and teamwork, so you’ll have a chance to build upon the existing frameworks while enjoying the perks of a competitive salary and comprehensive benefits. If you’re ready to make a difference in the aviation sector, apply now to join us as a Cost Estimator V!

Frequently Asked Questions (FAQs) for Cost Estimator V Role at The Tsui Group
What responsibilities does a Cost Estimator V have at the Tsui Group?

As a Cost Estimator V at the Tsui Group, your responsibilities include reviewing proposals, determining merit, and ensuring that labor rates and productivity conform to contract specifications. You'll be tasked with assessing material pricing, contractor mark-ups, and developing detailed cost estimates based on engineering drawings, all aimed at delivering accurate and fair estimations for aviation projects.

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What educational qualifications are needed for a Cost Estimator V at Tsui Group?

Candidates applying for the Cost Estimator V position at the Tsui Group should possess at least a Bachelor's degree in Engineering, Construction Management, or a related field. While a Master's degree is strongly preferred, what truly matters is your extensive experience and demonstrated proficiency in the field.

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How many years of experience are required for the Cost Estimator V role at Tsui Group?

The Tsui Group requires a minimum of 20 years of general estimating experience closely related to engineering and construction projects for the Cost Estimator V role. This level of experience ensures that you will be equipped to handle the complexities of aviation-related estimates and negotiations.

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What software skills are necessary for a Cost Estimator V at Tsui Group?

To excel as a Cost Estimator V at the Tsui Group, proficiency in large-scale estimating software is essential. Familiarity with industry estimating databases, such as RS Means, and experience with estimating formats like Uniformat II will significantly benefit your application and performance in this role.

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What benefits does Tsui Group offer for the Cost Estimator V position?

The Tsui Group offers a competitive benefits package for the Cost Estimator V position, including comprehensive medical, vision, and dental insurance fully covered for employees, generous vacation and sick pay, holiday leave, a 401k contribution plan, and a monthly stipend for cell phone use. Join us for a rewarding career!

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Common Interview Questions for Cost Estimator V
Can you describe your experience with reviewing contractor proposals as a Cost Estimator V?

When answering this question, highlight specific projects where you assessed contractor proposals. Discuss your process for evaluating merit and ensuring compliance with contract specifications, showing how your experience aligns with the role at the Tsui Group.

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What strategies do you use to ensure the accuracy of your cost estimates?

Your response should emphasize methods you employ, such as reviewing historical data, engaging with project teams, and utilizing industry databases like RS Means. Explain how these strategies help in preparing detailed and reliable cost estimates, particularly in aviation projects.

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How do you handle disagreements with contractors during negotiations?

Discuss your approach to fostering open communication, seeking consensus on points of disagreement, and documenting agreements. Illustrate how your firm but respectful attitude aids in maintaining a productive relationship while ensuring project integrity.

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What is your experience with change order processes?

Explain your familiarity with the change order process and how you've successfully navigated it in past projects. Detail any challenges you've faced and how you resolved them, emphasizing your proactive and detail-oriented approach.

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Can you explain your process for reconciling estimates with third-party estimates?

Detail your systematic approach to engaging third-party entities, facilitating discussions, and documenting reconciliation efforts. This is important as it demonstrates your collaborative nature and commitment to accuracy in the estimating process.

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What specific software tools do you use for cost estimation?

Be sure to mention tech proficiency in large-scale estimating software and familiarity with tools like On-screen Take-off and MC2. Provide examples of how you've effectively utilized these tools in past projects.

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How do you stay updated on industry standards and pricing?

Describe your methods for staying informed about current trends and material prices - this could be through industry publications, webinars, or networking with other professionals. Show your commitment to continuous learning in the field.

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What role does teamwork play in your estimating process?

Discuss the importance of collaboration with project teams, engineers, and contractors. Share examples from previous experiences where teamwork contributed to more accurate estimates and project success.

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Describe a time when you found errors in your estimates. How did you correct them?

Provide a specific scenario where you identified an error in an estimate, how you addressed it, and what steps you took to prevent similar mistakes in the future. This showcases your attention to detail and responsibility.

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What qualities do you think are essential for a successful Cost Estimator V?

Highlight qualities such as analytical thinking, attention to detail, effective communication skills, and a proactive attitude as essential for a successful Cost Estimator V. Relate these traits to your service at the Tsui Group and the aviation industry.

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MATCH
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FUNDING
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TEAM SIZE
No info
HQ LOCATION
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EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
March 28, 2025

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