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
About You:
• 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
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
About You:
• 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