The Tendering and Pricing Engineer is responsible for the preparation, submission, and management of competitive tenders and pricing models in response to client requests. This role requires a blend of technical knowledge, commercial acumen, and project management skills to develop optimal pricing strategies and ensure that proposals meet both client expectations and company standards.
Key Responsibilities:
1. Tender Management:
- Review and understand tender documents, specifications, and requirements.
- Coordinate with various departments (engineering, procurement, legal) to gather necessary information for tender submissions.
- Develop comprehensive tender proposals that include technical, commercial, and financial aspects.
2. Pricing Strategy:
- Conduct market analysis to determine competitive pricing strategies and forecast profitability.
- Create detailed cost models and price breakdowns that reflect the project's scope, risks, and resources.
- Ensure pricing strategy aligns with overall business objectives and market conditions.
3. Stakeholder Collaboration:
- Engage with project managers, technical teams, and clients to clarify requirements and define deliverables.
- Liaise with subcontractors and suppliers to obtain quotations and assess proposals.
- Present pricing strategies and bid proposals to management for approval and make adjustments as necessary based on feedback.
4. Risk Assessment:
- Identify potential risks and challenges associated with tender submissions and pricing.
- Develop mitigation strategies to address identified risks and incorporate contingency plans where necessary.
5. Documentation:
- Maintain accurate records of submitted tenders, pricing data, and relevant correspondence for future reference and audits.
- Prepare and present reports on tendering activities and performance metrics to senior management.
6. Continuous Improvement:
- Analyze the outcomes of submitted tenders to identify areas of improvement.
- Stay informed about industry trends, and changes in regulations that may affect pricing and bidding strategies.
- Participate in training and development initiatives to enhance skills and knowledge in tendering and pricing.
Qualifications:- Education: Bachelor’s degree in Engineering, Business Administration, Finance, or a related field. A master’s degree or relevant certifications (e.g., Certified Cost Professional (CCP), Project Management Professional (PMP)) is an advantage. - Experience: - 5-8 years of experience in tendering, pricing, or cost estimation within Architecture Engineering - Proven track record of successful tender submissions and pricing strategies.- Skills: - Strong analytical and problem-solving abilities. - Proficiency in financial modeling and pricing software/tools. - Excellent written and verbal communication skills. - Ability to work effectively in a team-oriented environment and manage multiple projects and deadlines. - Familiarity with relevant industry standards, regulations, and best practices.Working Conditions:- Office-based role with occasional travel to project sites or client meetings as required.- Flexibility to work extended hours if necessary to meet tight deadlines.