Cost Engineer

Cost Engineer

Location: Bristol with business travel to Derby

Hours: 37 per week

Duration: 6 Months initially

Rate: £40-42 per hour


Techniche are working with a large Engineering Technology contractor who are seeking a Cost Engineer to be based on site at their Technology hub in Bristol with occasional business travel to a joint venture organisaiton based in Derby (Rolls Royce)

During the month of August the position will require significant hand overs and no holiday will be able to be taken.

The Role:

Working closely with the Project Controls Manager, the Cost Engineer is responsible to the team leader for all programme cost estimates.

Within the Programme Definition and Design (PDD) Phase, key areas of responsibility will be:

  • Producing budgetary forecasts – to meet the annual budgeting cycle (ABCs), potentially every quarter, this is likely to be one major update (January through March) with minor updates thereafter.
  • Undertaking trade studies – investment appraisals in support of the key design decisions to be made.
  • Business case submissions – generating the estimates, evidence and arguments to support future business cases.
  • Ad-hoc activities – undertaking work as required by the team leader, SDA finance, etc.
  • Cost modelling – developing and maintaining cost models to support the above areas, including working with BAES and RR to develop/identify a Joint Cost Model solution as part of the Cost of Ownership workstream to include inputs from BAES and RR.
  • To discharge these responsibilities the estimator must have or develop close working relationships with:
  • CAAS (Barrow) – to provide a second opinion on SSN(R) estimates and to enable CAAS to discharge their role in generating ICE for. This may extend to CAAS (Manchester) in relation to primary plant estimates.
  • BAES Cost Engineering (Barrow) – to provide access to current estimates for the Dreadnought and Astute programmes. The estimator is also expected to be aware of current progress and problems on these programmes in order that their impact on SSN(R) can be assessed and reflected into the SSNR estimates (both cost and time).
  • Rolls Royce (Derby) – requirement as stated for BAES, to develop a detailed understanding of primary plant costs, specifically NGNPP, and their makeup. The estimator will work closely with the NP representative in the SSN(R) team in developing primary plant estimates and will be expected to achieve ‘buy-in’ from NP in any estimates going forward.
  • SDA combat systems group – to develop an understanding of Dreadnought/Astute combat systems and their costs in order that appropriate estimates can be developed for SSN(R).
  • Reporting to the SSN(R) Project Controls Manager, the Cost Estimator will be responsible for producing cost estimates.
  • A key area of responsibility for the Cost Estimator will be to provide estimates for design options and to estimate cost deltas as a result of system & component specifications, standards & performance requirements to support the cost reduction initiatives and system down selection decisions.

Key Tasks

1. ABC Submissions;

2. Programme cost profiling;

3. System level cost estimates.


Further details and a more in-depth job description can be provided upon application