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Criterion Capital Construction Estimator Opportunity
Criterion Capital is seeking a detail-oriented and commercially astute Construction Estimator to join our team, playing a critical role in shaping the financial viability of our development pipeline.
This role sits at the heart of our pre-construction and delivery process, supporting office-to-hotel conversions and PRS (Private Rented Sector) developments within a business that operates as a developer, asset manager, and owner/operator of long-term hospitality and residential assets.
The Construction Estimator will be responsible for producing accurate cost plans, benchmarking data, and financial appraisals from early-stage feasibility through to detailed design. Working closely with design, pre-construction, and construction teams, the Estimator will ensure that projects are commercially robust, risks are understood, and budgets are controlled from inception through to handover.
Key Responsibilities:
- Prepare detailed cost estimates and cost plans across all RIBA stages, from feasibility through to construction
- Support land appraisals and acquisition assessments with high-level budget estimates and cost benchmarking
- Develop and maintain elemental cost plans, ensuring alignment with design development and project scope
- Lead the measurement and quantification of works from drawings and specifications
- Identify cost risks, value engineering opportunities, and cost-saving strategies throughout the design process
- Collaborate closely with design, planning, and construction teams to ensure cost-effective and deliverable solutions
- Manage and analyse tender returns, including preparing tender comparison reports and recommendations
- Engage with contractors, suppliers, and consultants to obtain competitive pricing and market intelligence
- Support procurement strategies and advise on contract structures to optimise value and mitigate risk
- Monitor cost movements and provide regular budget updates to internal stakeholders
- Assist in the preparation of Employer’s Requirements and scope documentation
- Build and maintain a database of historical costs, benchmarks, and supply chain intelligence
- Ensure all estimates are aligned with current regulations, specifications, and market conditions
- Provide clear and concise reporting to senior stakeholders on cost status, risks, and opportunities
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- 5–10+ years’ experience in construction estimating, cost planning, or quantity surveying
- Strong experience in residential, hotel, or mixed-use developments (conversion experience is highly desirable)
- Degree in Quantity Surveying, Construction Management, or a related field
- Professional membership (e.g., RICS) is desirable but not essential
- Strong understanding of UK construction methods, materials, and cost drivers
- Proven ability to manage multiple projects and deadlines simultaneously
- Excellent numerical, analytical, and commercial skills
- Proficient in estimating software and tools (e.g., CostX, Excel, Bluebeam)
- Strong communication and negotiation skills
- Detail-oriented with a proactive and problem-solving mindset
- Ability to challenge design and drive value without compromising quality
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