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Senior MEP Cost Manager​/Estimator

Job in Chicago, Cook County, Illinois, 60684, USA
Listing for: CBRE
Full Time position
Listed on 2026-06-03
Job specializations:
  • Engineering
    Estimator, Civil Engineering, Financial Manager
Job Description & How to Apply Below
Position: Senior MEP Cost Manager /  Estimator
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* About the role:

*
* Turner & Townsend is seeking a highly skilled and experienced Senior MEP Cost Manager / Estimator to join our dynamic San Francisco team. This hybrid role is crucial for delivering multi-disciplinedreal estate cost solutions for a variety of commercial projects, with aparticular emphasis on complex Mechanical, Electrical, and Plumbing (MEP) systems. The ideal candidate will possess a robust estimating background and beadept at leveraging specialized MEP take-off software such as Tracer, EPIC, Accubid,and other industry-standard tools.

This position demands an individual who can strategically manage costs from concept through closeout, ensuring projects are delivered on budget and to the highest standards.

** What you'll do:*
* The purpose of this position is to assume responsibility for individual multi-disciplined real estate cost solutions for clients, with direct or indirect accountability for cost delivery, specifically focusing onthe intricate aspects of MEP systems.

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* Essential Duties and Responsibilities:

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* + Manage     all facets of cost management (budget, schedule, procurement, quality     & risk) for individual real estate projects or programs throughout     planning, design, construction, occupancy, and closeout, with specialized     oversight for complex MEP procurement and installations.

+ Evaluate     project scope and client needs to develop and present recommended budgets     for necessary pre-bid and pre-construction cost estimating and cost     planning services. Partner with the project team to source and oversee     pre-bid and pre-construction services for project budget and cost plan     development, providing expert input on MEP components.

+ Produce     concept-level estimates to aid feasibility studies and assist with     business cases, leveraging a range of information from internal     benchmarking to detailed market data and estimates taken from drawings and     specifications. This includes detailed quantity take-offs for complex MEP     systems using software like Tracer, EPIC, and Accubid. Issue     recommendations for and manage the performance of specialized MEP     Estimators to produce detailed costing.

+ Support     Project Managers and leasing teams to accurately estimate costs associated     with leases, ensuring optimized landlord contributions/tenant improvement     allowances on behalf of the client.

+ Assist     the Project Manager team in implementing all project procurement in     accordance with corporate policies and guidelines and make strategic     recommendations on procurement strategy. Lead the analysis of bid/tender     responses for all trades, especially MEP, leveling all responses and     organizing data into concise, thorough reports for client presentation,     including recommendations for allowances, contingencies, and reserves.

+ Create     and manage a detailed cost plan, producing and maintaining regular,     detailed cost reports for client presentation. Align the cost plan with     the project master schedule and provide cost guidance to achieve cost     goals within scope/schedule. Establish a strategy to manage cash flows and     project accruals, reporting progress consistently with company policy and     flexibly adapting to client needs/systems.

+ Promote     Value Engineering (VE) as a continuous process throughout the project     duration, leading or supporting VE workshops and exercises. Proactively     identify and implement ideas to optimize outcomes, track/report progress     against cost savings, and enhance value.

+ Reconcile     all estimates and change orders, scrutinizing, analyzing, and performing     due diligence on all change orders, particularly those impacting MEP     systems. Lead reconciliation meetings with General Contractors, Subcontractors,     Construction Managers, and third-party consultants. Update cost     plans/reports accordingly and advise the project team on cost risk     mitigation strategies to maintain cost compliance, escalating high-risk     cost issues to the project team and client.

+ Assist     the client and design team with life cycle costing of LEED/sustainability     initiatives, especially as they relate to energy-efficient MEP systems.

+ Review     all invoices against the cost plan, provide valuation services and signoff     to the project team in collaboration with team members charged with     validating completed work.

+ Review     and approve all requests to apply costs toward allowances, contingencies,     and reserves, updating the cost plan accordingly.

+ Support     cost/budget aspects of project closeout, negotiating, agreeing upon, and     settling final accounts and close-out statements. Issue release of all     with holdings/retainage and close all funding approvals in accounting     systems.

+ Capture     detailed project costs for contribution to CBRE/Turner & Townsend cost     benchmarking and estimating databases and tools, with a focus on MEP     system data.

+ Where    …
Position Requirements
10+ Years work experience
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