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Project Cost Estimator; Intermediate, Senior, or Principal

Job in Cedar Rapids, Linn County, Iowa, 52404, USA
Listing for: ITC Holdings Corp
Full Time position
Listed on 2026-10-16
Job specializations:
  • Construction
    Estimator, Quantity Surveyor, Civil Engineering, Building & Residential Construction
  • Engineering
    Estimator, Quantity Surveyor, Civil Engineering
Salary/Wage Range or Industry Benchmark: 90000 - 150000 USD Yearly USD 90000.00 150000.00 YEAR
Job Description & How to Apply Below
Position: Project Cost Estimator (Intermediate, Senior, or Principal)

Job Description ESSENTIAL DUTIES & RESPONSIBILITIES Intermediate Project Cost Estimators

  • Independently develops project cost estimates for projects of moderate complexity; identifies cost risks, scope gaps, and estimating inconsistencies; and may lead estimate review discussions with project stakeholders.
  • Develops construction cost estimates for transmission line and substation projects through the evaluation of project plans, specifications, drawings, quantities, labor, equipment, and material costs.
  • Develops detailed project estimates based on ITC standards and site-specific facility drawings.
  • Schedules and leads comprehensive estimate reviews with upper management, project managers, field personnel, and scoping parties to cover scope, review costs, subcontractors, and risk.
  • Provides expert judgment of costs to support competitive bid projects.
  • Assists with the development and maintenance of estimating templates, tools, databases, and related applications to support consistent and reliable project estimates.
  • Provides pre-construction support and technical expertise to project management team as needed.
  • Reviews and evaluates subcontractor quotes for scope gap and process follow up requests.
  • Interfaces and seeks clarification from internal groups such as supply chain, engineering and project management to proactively resolve any inconsistencies in cost estimating data.
  • Conducts field visits as required to assess site requirements and project conditions.
  • Attends pre-and-post bid meetings as required and be able to effectively present information related to cost estimates.
  • Transfers completed estimates and applicable bid documents to the Project Management team in accordance with internal process requirements and established timelines.
  • Supports the development and maintenance of internal cost estimating metrics by providing accurate, timely, and relevant data to drive performance measurement, trend analysis, and informed decision-making.
  • Participates in Capital Committee meetings to aid project owners in the explanation and justification of project costs and variances.
  • Participates in meetings, training, and conferences to strengthen professional knowledge and skills.
Senior Project Cost Estimator
  • Create conceptual, preliminary, and detailed cost estimates for complex transmission, substation, and generation interconnection projects.
  • Performs advanced estimate risk analysis, contingency modeling, and estimate validation to support project funding decisions.
  • Develops and enhances estimating methodologies, standards, cost models, and benchmarking practices and related applications to support consistent and reliable project estimates.
  • Analyzes historical cost data, market trends, labor productivity factors, and escalation impacts to improve estimate accuracy.
  • Serves as the estimating subject matter expert (SME) during project development and stage gate reviews.
  • Independently resolves complex estimating issues involving scope uncertainty, constructability challenges, and competing project alternatives.
  • Facilitates estimate review workshops and challenge sessions with engineering, project management, construction, permitting, real estate, and supply chain stakeholders.
  • Provides technical oversight and quality assurance of estimates prepared by junior estimators.
  • Prepares and presents estimate assumptions, risks, and recommendations to department leadership and project sponsors.
  • Mentors and trains estimators on estimating methodologies, ITC processes, industry standards, and software tools.
  • Supports process improvement initiatives that enhance estimating efficiency, consistency, and reporting capabilities.
Principal Project Cost Estimator
  • Leads estimating strategy for complex, high-value, or high-risk capital projects…
Position Requirements
10+ Years work experience
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