Prin Trans Developer Cost Estimator

Primary Purpose

The Principal Cost Estimator role provides enterprise level technical leadership and strategic oversight for the development of transmission and substation cost estimates supporting complex capital projects across multiple U.S. regions, including PJM, MISO, and SPP. Estimates are developed in close collaboration with Exelon's Supply organization and Transmission and Substation teams, leveraging deep expertise in Exelon utility design standards, construction practices, and regional market considerations.

The position serves as a recognized subject matter authority in estimating methodology, cost strategy, and pricing rigor, delivering comprehensive labor, equipment, and material cost estimates that support capital investment decisions, regulatory requirements, and competitive project outcomes. The ideal candidate demonstrates the ability to critically evaluate project designs and scopes, identify gaps or ambiguities, apply sound professional judgment to resolve incomplete information, and independently develop accurate, defensible cost estimates under accelerated timelines.

Note:

This is a hybrid position (in-office with remote flexibility). Employees are required to be in office at least three days per week (Tuesday, Wednesday, and Thursday). This position must sit out of Oakbrook Terrace - IL, Chicago - IL, Baltimore - MD, Washington - DC, Philadelphia - PA, Kennett Square
-PA or Newark
-DE office.

• Lead the preparation of complete labor, equipment, and material cost estimates for transmission, substation, and distribution projects. Develop detailed responses to RFPs in coordination with internal stakeholders. Follow the Exelon utilities Standard Operating Procedures for estimating, documentation, and cost development. Assist in maintaining and improving Exelon cost databases and estimating tools. Develop strategies and pricing structures to ensure project competitiveness and regulatory compliance.
  
  Review and validate work performed by other estimators for accuracy and completeness.
• Serve as a subject matter expert in preparing bills of material and coordinate with Supply and Procurement for long lead equipment. Conduct risk identification and develop mitigation strategies during estimate preparation. Participate and influence accordingly in internal and stakeholder estimate review meetings.
• Review engineering design standards, construction drawings, specifications, and standard work packages to identify opportunities for cost savings, procurement efficiency and material and design modernization. Make strategic recommendations on engineering standard updates, material substitutions, or constructability improvements that reduce installed cost or schedule risk. Collaborate and influence across engineering, procurement, and construction teams to implement approved standard improvements. Maintain documentation of analyses and recommendations.
• Track bid and estimate documentation and maintain compliance with corporate reporting requirements. Conduct post project reviews to validate estimating accuracy and incorporate lessons learned.
• Actively participant and represents the Company interest(s) as directed to serve on pertinent PJM and industry committees to evaluate tariff filings, develop positions, and prepare responses.

The Principal Cost Estimator Transmission Development role provides end to end ownership and stewardship of the estimating function for highly complex transmission and substation infrastructure projects, operating as both a senior technical authority and a strategic business partner. This position is accountable for developing comprehensive, defensible labor and material cost estimates; leading the preparation of competitive bid packages and RFP/RFQ responses;

interpreting and validating engineering designs; conducting field walk downs; and driving constructability assessments to ensure alignment between design intent, execution readiness, and cost certainty. As an individual contributor reporting to the Senior Manager, Transmission Development, the Principal Cost Estimator exercises significant independent judgment and discretion in estimating…