OpeningsFirst
How it worksPricingLog in
OpeningsFirst › Jobs in the United States › Jobs in Novi, Michigan

Project Cost Estimator (Intermediate, Senior, or Principal)

ITC Holdings Corp. · itc-holdings.com
NoviHybridLead / Manager
Apply on ITC Holdings Corp.’s site

Straight from the company’s own careers site.

The job in short

Transmission and substation project cost estimating.

Supply chain

Details

Found
30 d ago · posted 2026-09-15
Location
Novi, MI

Full 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 and programs. • Establishes and enhances cost estimating processes, governance practices, and organizational capabilities within Project Controls. • Develops and/or assist in the development of enterprise-level estimating frameworks, benchmarking programs, and performance metrics. • Leads the development of enterprise estimating frameworks, automation initiatives, data governance practices, and benchmarking programs and related applications to support consistent and reliable project estimates. • Leads cross-functional efforts to improve estimating maturity, data quality, forecasting capability, and cost management integration. • Evaluates industry trends, market intelligence, labor conditions, material pricing, and emerging technologies to assess impacts on future project costs. • Represents ITC in industry working groups, benchmarking studies, and professional estimating organizations. • Leads independent estimate reviews and estimate audits for critical capital projects. • Provides expert testimony, technical support, and negotiation assistance related to claims, change orders, contract disputes, and regulatory filings. • Coaches and develops estimators across all levels while serving as a technical mentor for estimating leadership. • Identifies strategic opportunities to improve estimate accuracy, reduce project risk, and optimize capital investment decisions across the project portfolio. • Drives implementation and continuous improvement of estimating tools, systems, digital solutions, and data governance practices. REQUIREMENTS • Bachelor's degree in Engineering, Construction Management or related field or relevant, equivalent experience and/or education. • Minimum Work Experience Required • Intermediate: Minimum of two (2) years of related experience • Senior: Minimum of six (6) years of related experience. • Principal: Minimum of ten (10) years of related experience. • Intermediate to advanced knowledge of electrical utilities cost estimating depending on the level of the position. • Intermediate to advanced knowledge of construction project cash flow forecasting depending on the level of the position. • Demonstrates strong understanding of project management and project controls processes, including construction scheduling, cost estimating, and cash flow forecasting. • Possesses sound analytical, problem-solving and documentation skills. • Communicates effectively, both verbally and in writing, with individuals inside and outside of ITC. • Intermediate knowledge of Microsoft Office (Word, Excel, Outlook and PowerPoint). • Works effectively with minimal supervision and in a team environment. • Possesses electrical and civil Engineering experience/knowledge preferred. • Possesses Project Management Professional (PMP) certification preferred. • Experience with Microsoft Power BI preferred. • Manages multiple priorities and competing deadlines. • Learns and uses job-specific software. • Applicants must be authorized to work in the United States for any employer. ITC does not sponsor employment visas, such as H-1B or TN visas.

Engineer (other) jobs in Novi, Michigan · Engineer (other) jobs in the United States · All ITC Holdings Corp. jobs

Get jobs like this every morning

Jobs in India · Jobs in the US · Who’s hiring in India · Who’s hiring in the US · How OpeningsFirst works · Free jobs widget
OpeningsFirst · Use with AI · Terms · Privacy · Refunds · Contact Showing prices for India or elsewhere