Senior Cost Manager

Job Description

Turner & Townsend are seeking a Senior Cost Manager - Process Installation to work with our team on a major US commercial real estate manufacturing program for a well-known client.

Scope of work:

Validation of General Contractor (GC) EstimatesReview cost forecasts submitted by process installation general contractor, confirm data sources,

Validate the basis of forecasts including calculations, assumptions, information used, exclusions,

Cross check calculations, logics and backup data to determine validity.

Compare assumed information with actual costs data to determine possible over/under items

Identify possible areas of concern, agree approach and resolve with GC

Validation of monthly costsActuals (true ups)Confirm that all backup data provided (AIA submissions etc.)

Spot check of large $ items to confirm invoices in place and aligned, any items of concern (unexpected costs)

Confirmation of previous forecasts to confirm values carried through correctly

Identify variance between forecast amounts and actuals and obtain explanation from GC (+/- $1m and +/- 10% or greater)

Forecasts (pre-approvals)Cross check that submitted calculations are

Confirm backup materials in place (certificates etc.)

Review forecasts with client project managers to confirm values align with the planned work scope

Submit review and requests for confirmation or changes

Validation of FARsObtain basis of change from GC

Confirm rates (labor and materials) align with agreed project (estimate) rates

Cross check of quantities to confirm key elements

Market rate review (where applicable rates not already established)

Specialist support - General Contractor (GC) Costs analyses

Review submitted costs to date from GC and trade partners

Identify any areas of question/concern from the data and raise queries

Review queried/ identify if amendments are required (refunds/omissions)

Agree approach between client, general contractor and, where relevant, trade partners and suppliers

Create/maintain/update tracking log of potential and realized corrections and amendments

Specialist support - Third party provider cost analyses

Identify items and costs to date that arise from third party providers (to the installation scope) issues (e.g., damaged equipment, missing parts, changes to requirements)

Identify items that have been driven by technology provider requests (changes in locations after install, new installs not planned)

Identify costs associated with items and compile information (supporting information) to validate the costs (e.g., shipping lists showing missing pieces, communications confirming issues etc.), including: Scope review (confirm what has been a change)

Drawing measurement (quantification of charges)

Backup data review (formal correspondence, agreed changes, issue identification)

Review contracts with third party providers to confirm potential for claw back (e.g., habeas corpus items, effect of singing to take possession)

Produce and maintain report for client and support process for potential claw back/claims