Manager, Strategic Estimating

Role Overview

• Lead the cost estimating function with a focus on high-profile, time-sensitive competitive bids.
• Develop strategic and creative approaches to cost estimation, particularly for projects with limited scope definition and high uncertainty.
• Oversee the development of estimates for Transmission and Distribution Substations and other major capital projects.
• Ensure a competitive edge in cost estimates by leveraging data-driven analytics, market intelligence, and historical bid performance.
• Establish rapid-response estimating methodologies for fast-turnaround deadlines.
• Identify and quantify project risks, develop contingency assumptions, and integrate risk-based pricing strategies.
• Collaborate with System Planning, Engineering, and Operations to refine and enhance estimate accuracy.
• Maintain and improve cost estimating tools, databases, and templates to ensure consistency, efficiency, and precision across projects.
• Implement a continuous improvement process to analyze historical bid outcomes and refine estimating methodologies accordingly.
• Ensure estimates incorporate direct costs, indirect costs, overheads, and regulatory considerations.
• Apply competitive bid management experience from construction, energy, or large infrastructure projects.
• Lead cost estimation efforts for Department of Energy (DOE) bids, ISO/RTO projects, and other federal or state funding opportunities.
• Develop strategies to navigate regulatory frameworks and compliance requirements in bid submissions.
• Work closely with internal and external stakeholders to position bids competitively in evolving industry landscapes.
• Align strategic cost estimates with capital planning efforts to optimize budget forecasting and resource allocation.
• Support the development and management of the 1-Year and 5-Year capital budget.
• Drive coordination between Transmission Business Unit priorities and broader corporate financial objectives.
• Work in coordination with the Regulatory and Rates department to ensure cost estimates align with FERC Transmission Rate Protocols, ISO-NE requirements, and state Transmission Cost Adjustment Mechanisms.
• Prepare and support regulatory filings, cost recovery mechanisms, and project cost justification efforts.
• Engage with external partners, including vendors and contractors, to ensure alignment on competitive cost structures.

Requirements

• Bachelor's degree in Engineering or related field.
• Advanced degree in Engineering or Business Administration desirable.
• Ten years related experience with at least five years’ experience in major project cost estimating (electric transmission preferred).
• Experience in technical, operational, or engineering aspects of electric utility industry.
• Experience in large-scale competitive bidding, or utility/infrastructure cost estimation preferred.
• Transmission experience strongly preferred.

Benefits

• Eversource offers a competitive total rewards program.
• Check out our careers site for an overview of our benefits programs.
• Eligible for potential incentives.