Cost Estimator

Cost Estimator

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 dynamic team focused on delivering high-quality real estate services with integrity.
  • Benefits: Enjoy opportunities for remote work, professional development, and a collaborative culture.
  • Why this job: Be part of a forward-thinking company that values innovation and personal growth.
  • Qualifications: 3-5 years in estimating or cost planning; strong Excel and analytical skills required.
  • Other info: Work in vibrant cities like London, Birmingham, or Manchester with travel opportunities.

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

Job Title: FM Cost Estimator

Location: On-site at either London, Birmingham or Manchester office + travel

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 a 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.

Our Values:

Professionalism | We seek to outperform expectations with individuals able to express themselves whilst always upholding the highest professional standards

Ownership | Every asset, problem or opportunity is treated as though it is our own. The group delivers all real estate services in house and never outsources responsibility or blame

Entrepreneurialism | We challenge convention constantly encouraging imaginative solutions and rigorous debate in pursuit of better performance. Everyone is empowered to make decisions

Meritocracy | Results, hard work and good ideas trump age, experience, and meaningless job titles. We have built a diverse team where everyone encouraged to work collaboratively to reach their full potential

Action This Day | We never put off anything until tomorrow that can be done today

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 learning opportunities and a culture that values professionalism, ownership, and meritocracy, ensuring that every team member can contribute meaningfully and advance their career. Join us to be part of a forward-thinking team that not only meets industry standards but also encourages imaginative solutions and personal development.
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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.

✨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 in similar settings.

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)
Understanding of building fabric components
Experience with technical asset data
Condition survey interpretation
Statutory compliance knowledge
Tendering and bid support experience
Detail-oriented approach
Organised methodology
Integrity in outputs
Ability to work independently
Collaborative teamwork skills
Adaptability to changing needs
Commitment to continuous learning

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in cost estimating, particularly within FM and M&E services. Use specific examples that demonstrate your ability to produce detailed and compliant estimates.

Craft a Strong Cover Letter: In your cover letter, express your understanding of the role and how your skills align with the company's values. Mention your familiarity with SFG20 and condition-based maintenance methodologies, as well as your commitment to high-quality outputs.

Showcase Technical Skills: Emphasise your proficiency in Excel and data analysis, as well as your experience with CAFM systems and maintenance planning tools. Provide examples of complex cost models you have built in previous roles.

Highlight Collaborative Experience: Discuss your experience working with cross-functional teams, such as asset managers and engineers. Illustrate how you have contributed to developing pricing models and ensuring compliance with statutory requirements.

How to prepare for a job interview at Praxis Facilities Management

✨Know Your Cost Estimation Tools

Familiarise yourself with SFG20, CAFM systems, and maintenance planning tools before the interview. 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. Highlight how your analysis led to successful cost models.

✨Communicate Clearly

Since excellent written and verbal communication skills are essential, practice explaining complex technical concepts in simple terms. This will help you connect with both technical and commercial audiences during the interview.

✨Stay Updated on Industry Trends

Research current trends in FM and building maintenance, including technological developments and cost benchmarks. Being knowledgeable about the latest industry practices will demonstrate your commitment to continuous learning and improvement.

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