Cost Engineer III

Position Title: Cost Engineer III 

O2EPCM, Inc. is a prominent award-winning experienced firm providing Professional, Technical, Consulting and Management Services in the Planning, Design, Engineering and Construction Industry to Local, State, Federal Government Agencies, Utility Companies and Private Clients. We are dedicated to delivering innovative and sustainable solutions for a variety of projects. 

Salary Range: $151,000 - $165,000

Location: Onsite (Los Angeles, CA)    

Type: Full-Time                                             

Employee Benefits:

• 100% paid base coverage (Health, Vision, & Dental insurance).


• 401(k)


• Paid Holidays


• Paid Sick


• Paid Vacation


• EAP - Employee Assistance Program

O2EPCM, Inc. https://o2epcm.com/  

Position: Cost Engineer III 

Salary Range: $151,000 - $165,000

Location: Onsite (Los Angeles, CA)    

Type: Full-Time                

Synopsis
The Terminal 5 (T5) Sr. Cost Engineer reports to the T5 Program Controls Manager. The T5 Sr. Cost
Engineer shall be responsible for developing and maintaining cost data for the T5 Program. The Terminal
5 Program covers the full demolition and rebuild of the Terminal 5 headhouse and concourse, as well as
various enabling scopes to vacate the existing building.
Position Description Summary
The successful candidate will have proven cost engineering experience with complex, multi-phase,
multi-million-dollar construction and/or renovation projects. The general job duties include: Prepares
detailed computer generated cost reports, charts and diagrams; Provides analysis and review of
cost/budget expenditure and maintains cost control reports; Promptly reports anticipated cost overages
or other unsatisfactory cost elements; Maintains liaison with Data Processing in developing support for
network calculations, printouts and cost reports, and other cost related services.
Key Identifiers for the Position
• Demonstrated experience managing and reporting the cost components of large-scale, complex
projects; including developing and managing a progress reporting methodology for a complicated
design effort. Experience with Progressive GMPs, Design-Build and Construction Management at
Risk delivery methods is desirable.
• Demonstrated ability to understand technical and complicated construction programs and the
ability to communicate progress to both technical- and management-level personnel.
• Ability to work with others, a self-starter with results-driven focus.
Essential Job Duties
The Cost Engineer duties include, but are not limited to, the following:
• Monitor project budgets for the multi-billion-dollar Capital Improvement Program at Los Angeles
World Airports.
• Review and analyze sub-contractor invoices, ensuring expenditures are accurately incurred against
appropriate Schedule of Values accounts
• Prepares job costing reports to allocate these expenditures against the appropriate WBS numbers.
Ensure that both commitments and expenditures follow the same allocation methodology.

• Perform cost-to-complete analysis for all cost elements within a project taking into consideration
staffing plans, contract commitments, and expenditures to date, change orders and trends.
• Attend project meetings to provide Project Management with current financial information and
trend log regarding potential impacts to project budget or forecast.
• Provide progress reporting documents and briefing materials as required. Develop creative
reporting tools to communicate complex project sequencing and/or progress assessments.
• Review task orders for contractors, sub-consultants, and City of Los Angeles Interdepartmental
Orders to ensure necessary budget and/or contract capacity exists, and ensure these actual
commitments are accurately entered/tracked into LAWA’s system of record
• Analyze bid award values against current budget and prepare reconciliations to include in the
current forecast at completion.
• Analyze change order values against current contingency budget and prepare reconciliations to
include in the current forecast at completion.
• Analyze task order values against current allowance budget and prepare reconciliations to include in
the current forecast at completion.
• Prolog - Update contract commitments, reconcile and analyze actual expenditures, perform budget
transfers, monitor trend status and maintain continuity of WBS structure
• Coordinate with LAWA Governance Body to ensure changes to budgets are approved via the
Reconciliate Process or Capital Improvement Program Change process
• Perform Project closeout resourcefully to ensure Prolog Data is complete for LAWA’s reporting
needs
• Prepare data to support documentation required journal vouchers for budget transfers
Hardware/Software Knowledge
• Demonstrated proficiency with a large-scale cost reporting system is required; experience with
Prolog is highly desirable.
• Proficient in Microsoft Office Suite and Bluebeam
Professional Experience Level/Other Qualifications
• 10 years or more of cost engineering experience directly related to construction projects, preferably
aviation projects
• Experience managing a team of cost engineers
• Demonstrated experience managing and reporting the cost components of large-scale, complex
projects; including developing and managing a progress reporting methodology for a complicated
design effort. Experience with Design-Build and Construction Management at Risk delivery methods
is desirable.
• Demonstrated ability to understand technical and complicated construction program and the ability
to communicate progress to both technical- and management-level personnel.
• Ability to work with others, a self-starter with results-driven focus.
• Proven accuracy, reliability and completeness in job accomplishment

Education/Training
• Bachelor’s degree in Engineering, Construction Management, or other related field required
• Certifications may include PMP, PE, and/or any other relevant Professional Licensure or Certification.
Required cost engineer certification i.e. CCE, CCP.
Element-Specific Requirements/Notes
• May assume other duties as required/needed
• Maybe required to work past regular work shift
• Maybe required to work various shifts as needed
• LAWA will provide a desktop computer that can be VPN’d into or a laptop computer
• Consultant MUST have a company-provided laptop computer. This is required for company business
and to VPN into LAWA system when away from the office as necessary
• Cell phone provided by consultant is required
• This is NOT a work from home position
• This is a salaried position based on 40 hours per week at the applicable all-in labor rate.
• This is a Monday-Friday full-time position in the office or on the project site at LAX
• After hours or weekend work may be required to perform the duties of the position. This shall be
considered part of the salary
• Transportation to/from LAX worksite is the responsibility of the consultant

Please note, if you move forward in the submission process, you will be asked to provide the following below.

1. Most updated resume


2. Certifications or Licenses obtained


3. 3-4 Professional References


4. Project List with values, dates, and company of any projects worked

O2EPCM, Inc. is a prominent award-winning experienced firm providing Professional, Technical, Consulting and Management Services in the Planning, Design, Engineering and Construction Industry to Local, State, Federal Government Agencies, Utility Companies and Private Clients. We are dedicated to delivering innovative and sustainable solutions for a variety of projects. 

Employee Benefits:

• 100% paid base coverage (Health, Vision, & Dental insurance).


• 401(k)


• Paid Holidays


• Paid Sick


• Paid Vacation


• EAP - Employee Assistance Program

O2EPCM, Inc. https://o2epcm.com/  

NO PER DIEM. These are W2, long-term jobs with full benefits. NO relocation packages.