Cost Estimator

Cost Estimator

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Create accurate cost estimates for FM and maintenance services in various locations.
  • Company: Join a leading firm in facilities management, known for innovation and excellence.
  • Benefits: Enjoy flexible working options, professional development opportunities, and a supportive team culture.
  • Why this job: Be part of a dynamic team that values transparency and accuracy in pricing models.
  • Qualifications: 3-5 years in estimating or cost planning; strong Excel and analytical skills required.
  • Other info: Opportunity to work on diverse projects across London, Birmingham, and Manchester.

The predicted salary is between 36000 - 60000 £ per year.

Main Purpose

To develop accurate, transparent, and auditable cost estimates for FM and maintenance services across M&E (Mechanical & Electrical) and building fabric assets in office buildings and shopping centres. This includes using industry standards such as SFG20 and applying condition-based maintenance methodologies to build reliable pricing models that align with both operational realities and corporate governance requirements.

Overview of Duties

  • To produce detailed and compliant estimates for FM and maintenance services.
  • To ensure estimates reflect the correct scope, frequency, and methods aligned with statutory, SFG20, condition-based maintenance strategies and BICS methodologies.
  • To support finance and operational teams with robust, justifiable models to inform pricing, bids, and new business / contract renewals.
  • To develop tools and templates that enhance consistency, transparency, and auditability in pricing models.

Key Responsibilities

  • Build and maintain pricing models for planned maintenance services incorporating SFG20 task schedules, statutory compliance, and asset condition.
  • Evaluate and interpret asset registers, condition surveys, and client specifications to develop scope and resource-based estimates data.
  • Apply cost and productivity benchmarks for labour, materials, and subcontractors to ensure estimates are competitive and realistic.
  • Collaborate with asset managers, engineers, and surveyors to understand maintenance strategies and integrate them into pricing.
  • Prepare clear, auditable documentation that supports internal governance, client assurance, and contract compliance.
  • Maintain up-to-date knowledge of industry best practices, cost trends, and technological developments in FM and building maintenance.
  • Assist in reviewing client proposals and tender documents to identify commercial and technical risks or opportunities.
  • Support continuous improvement of estimating tools and methodologies to enhance accuracy, consistency, and efficiency.

Required Skills and Competencies:

  • Proficient in using SFG20, CAFM systems, and maintenance planning tools.
  • Strong Excel and data analysis skills with ability to build complex cost models and outputs.
  • Working knowledge of condition-based and predictive maintenance strategies.
  • Excellent written and verbal communication skills for technical and commercial audiences.
  • Strong analytical and critical thinking capabilities.
  • Familiarity with common commercial contract structures and risk transfer approaches.

Experience:

  • Minimum 3–5 years of experience in estimating or cost planning within FM, M&E services, or building maintenance.
  • Demonstrable experience producing cost models and estimates for multi-site, commercial environments (e.g., offices, retail).
  • Understanding of M&E systems (HVAC, electrical, water systems) and building fabric components (doors, windows, roofs, finishes).
  • Experience working with technical asset data, condition surveys, and statutory compliance frameworks.
  • Previous involvement in tendering or bid support for facilities management or maintenance contracts is desirable.

Personal Attributes:

  • Methodical, detail-oriented, and organised in approach.
  • Integrity and a commitment to producing high-quality, defensible outputs.
  • Comfortable working independently and collaboratively within cross-functional teams.
  • Adaptable and proactive in response to changing project or client needs.
  • Commitment to continuous learning and development in estimating best practices and FM technologies.

Cost Estimator employer: Praxis Facilities Management

As a leading employer in the facilities management sector, we offer a dynamic work environment across our London, Birmingham, and Manchester offices, where collaboration and innovation thrive. Our commitment to employee growth is evident through continuous training opportunities and a culture that values integrity and excellence, ensuring that our Cost Estimators are equipped with the latest industry knowledge and tools. Join us to be part of a team that not only values your contributions but also supports your professional journey in a meaningful and rewarding way.
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Contact Detail:

Praxis Facilities Management Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Estimator

✨Tip Number 1

Familiarise yourself with SFG20 and other industry standards relevant to cost estimation in FM. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the FM and M&E sectors. Attend industry events or join online forums to connect with potential colleagues and learn about the latest trends and best practices in cost estimation.

✨Tip Number 3

Brush up on your Excel skills, especially in building complex cost models. Being able to showcase your proficiency in data analysis during discussions can set you apart from other candidates.

✨Tip Number 4

Prepare to discuss your previous experience with multi-site commercial environments. Be ready to share specific examples of how you've developed cost estimates and pricing models that align with client needs and statutory requirements.

We think you need these skills to ace Cost Estimator

Proficient in SFG20
CAFM systems expertise
Maintenance planning tools proficiency
Advanced Excel skills
Data analysis capabilities
Cost model development
Understanding of condition-based maintenance strategies
Excellent written communication skills
Strong verbal communication skills
Analytical thinking
Critical thinking
Familiarity with commercial contract structures
Risk transfer knowledge
Experience in estimating or cost planning
Knowledge of M&E systems (HVAC, electrical, water systems)
Understanding of building fabric components
Experience with technical asset data
Knowledge of statutory compliance frameworks
Tendering and bid support experience
Methodical and detail-oriented approach
Integrity and commitment to quality
Ability to work independently and collaboratively
Adaptability to changing project needs
Commitment to continuous learning

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in cost estimation, particularly within FM and M&E services. Use specific examples that demonstrate your proficiency with SFG20 and your ability to develop pricing models.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with the job requirements, particularly your experience with condition-based maintenance methodologies and your analytical capabilities.

Showcase Relevant Skills: Emphasise your strong Excel and data analysis skills in your application. Provide examples of complex cost models you have built and how they contributed to successful project outcomes.

Highlight Continuous Learning: Mention any recent training or certifications related to estimating best practices or FM technologies. This shows your commitment to staying updated in the field and enhances your appeal as a candidate.

How to prepare for a job interview at Praxis Facilities Management

✨Know Your Cost Estimation Tools

Familiarise yourself with SFG20, CAFM systems, and any maintenance planning tools mentioned in the job description. Be prepared to discuss how you've used these tools in your previous roles to develop accurate cost estimates.

✨Demonstrate Analytical Skills

Showcase your strong analytical and critical thinking capabilities by discussing specific examples where you evaluated asset registers or condition surveys to produce reliable estimates. Highlight your experience with data analysis and Excel.

✨Understand Industry Standards

Make sure you have a solid understanding of industry standards like SFG20 and condition-based maintenance methodologies. Be ready to explain how you apply these standards in your work to ensure compliance and accuracy in your estimates.

✨Prepare for Collaboration Questions

Since the role involves collaborating with various teams, prepare to discuss your experience working with asset managers, engineers, and surveyors. Share examples of how you integrated maintenance strategies into pricing models through effective teamwork.

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