Head of Cost & Tendering Department – Construction Company
Apply now1. Position Objectives
- Develop, update, and manage the Internal Cost Database aligned with actual construction costs.
- Control internal project costs to optimize pricing and minimize losses.
- Provide an accurate basis for bidding prices, estimated budgets, and planning prices.
- Increase bidding win rate through competitive yet safe pricing.
2. Key Responsibilities
A. Development & Management of the Internal Cost Database
- Collect actual data from construction sites, including:
- Material input prices
- Actual labor costs
- Equipment productivity – machine-hour efficiency
- Material wastage and loss
- Auxiliary costs and construction methods
- Standardize collected data into a structured Internal Cost Database by categories and project types.
- Update periodically (weekly/monthly) or per project; report price fluctuations to management.
B. Site Cost Control
- Compare internal cost rates with planned costs, committed costs, and actual expenses.
- Coordinate with Site Management to verify wastage, material consumption, and labor productivity.
- Review and appraise cost-increase proposals; identify irregularities and recommend optimization solutions.
- Serve as the focal point for internal cost control throughout the project lifecycle.
C. Tendering & Bid Pricing
- Prepare bid pricing based on the Internal Cost Database to ensure bids are both competitive and safe.
- Perform quantity take-off (BOQ) from drawings and review tender quantities.
- Develop multiple bid-pricing scenarios: competitive – optimized – safe.
- Participate in price negotiation with the Developer/Client.
D. Quantity Take-off & Payment Verification
- Perform accurate quantity take-off based on design documents and construction methods.
- Verify quantities for interim payments and final accounts, ensuring accuracy and preventing losses.
- Coordinate with QS to standardize the basis for payment and settlement calculations.
E. Management of the Cost & Tendering Department
- Develop department structure, job descriptions, and KPIs for each position.
- Train team members on quantity take-off, bid pricing, and cost optimization.
- Coordinate bidding preparation schedules to avoid errors and delays.