Cost Estimator
VT Group - Virginia Beach, VA

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Cost Estimator-Virginia Beach, VA

VT Group’s Integrated Solutions/VT Milcom business unit is seeking an experienced cost estimator to complement proposal development team activities. The successful candidate will be responsible for creating bid and proposal cost estimates for government and commercial RFPs and work under the direct supervision of the planning and estimating manager. Bid and proposal preparation will be collaborative with input from Milcom’s project management team and assigned subject matter experts. The cost estimator’s general duties include developing competitive labor estimates, equipment and material costs, and statements of work for subcontract pricing; as well as creating technical proposals from relevant templates, historical documentation, or from initial creation. S/he will provide estimating data for use by project controls and the project management team upon award.

Examples of more specific duties and responsibilities include the following:

Develop detailed C4ISR/IT project price estimates including narratives explaining basis of estimate, ground rules and assumptions.

Interpret statements of work (SOW), interpret blueprints, drawing and specifications to develop work breakdown structures (WBS) and technical approach proposals both independently or with input and assistance from Subject Matter Experts (SME’s) for creation of project cost estimates.

Coordinate with planning and estimating staff and other departments as required

Must be familiar with of key industry production, process, procedure, regulatory / compliance issues and government roles related to business area

Familiarity with cost accounting standards (CAS), Generally Accepted Accounting Principles (GAAP), Federal Acquisition Regulations (FAR), and Defense Contract Audit Agency (DCAA).

Education and/or Experience

Bachelor’s Degree (Business/Engineering) and four years’ related experience; Associate Degree and eight years’ related work experience; High School equivalent and 14 years’ experience or related work experience; or equivalent combination of education and experience

Must have working knowledge of functional groups such as Finance, Contracts, Supply Chain/Purchasing, Quality, etc.. Demonstrated knowledge of Federal Government contracting including FAR and Labor Laws.

Must be able to obtain and maintain the required security clearance.

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