Tool Install Cost Engineer

Job Title: Tool Install Cost Engineer

Job Description

The Tool Install Cost Engineer supports cost management and project controls for equipment installation projects in a complex advanced manufacturing environment. This role focuses on reviewing and validating costs related to mechanical, electrical, plumbing (MEP), and process utility modifications required for tool installations, ensuring that all cost impacts are accurately captured, analyzed, and reflected in project forecasts and financial reporting. The position offers the opportunity to work closely with engineering, construction, project controls, procurement, and contractor teams while solving complex construction and cost challenges in a fast-paced, highly technical setting.

Responsibilities

• Review and validate contractor pricing using established unit-rate agreements to ensure accuracy and compliance with project standards.
• Evaluate change requests related to tool installation activities and assess the associated cost impacts on overall project budgets and forecasts.
• Analyze field-driven scope changes and confirm that all related costs are properly captured, documented, and incorporated into project financials.
• Support forecasting, budgeting, and cost trending activities throughout project execution to maintain reliable and up-to-date financial projections.
• Track project commitments, expenditures, accruals, and forecasted costs to provide clear visibility into financial performance and obligations.
• Partner closely with engineering, construction, procurement, and project controls teams to understand installation requirements and their cost implications.
• Review contractor invoices, payment applications, and supporting documentation to verify accuracy and alignment with contractual agreements.
• Identify potential commercial risks, scope gaps, and cost variances, and communicate findings to stakeholders with recommended mitigation strategies.
• Develop and maintain project cost reports, dashboards, and executive summaries that clearly present financial status to project leadership.
• Support schedule-driven cost analysis and cash flow forecasting to align financial planning with project timelines and milestones.
• Provide recommendations regarding cost exposure, contingency utilization, and forecast adjustments to support informed decision-making.
• Maintain accurate project financial records and reporting throughout the construction lifecycle, ensuring data integrity and audit readiness.
• Evaluate cost impacts related to mechanical equipment connections, HVAC modifications, chilled water and process cooling systems, and process piping systems.
• Assess cost implications of utility distribution infrastructure, electrical power and distribution systems, conduit and cable routing, and plumbing systems.
• Consider structural support modifications, facility penetrations, restoration activities, and multi-trade coordination impacts in overall cost evaluations.

Essential Skills

• At least 5 years of experience in cost engineering, project controls, cost management, estimating, quantity surveying, or construction financial analysis.
• Strong understanding of MEP systems, process utilities, and industrial construction practices.
• Proven experience reviewing contractor pricing, change orders, and construction cost documentation.
• Experience supporting large capital construction projects in a complex environment.
• Proficiency with Microsoft Excel and cost management software for data analysis and reporting.
• Strong analytical skills with the ability to interpret and evaluate complex cost and scope information.
• Effective communication skills to collaborate with multidisciplinary teams and present financial insights clearly.
• Solid problem-solving abilities to address construction and cost challenges in a fast-paced setting.
• Ability to interpret construction drawings, specifications, and technical documents to understand scope and cost impacts.

Additional Skills & Qualifications

• Experience supporting advanced manufacturing, industrial, mission-critical, pharmaceutical, or technology-focused construction projects.
• Experience in mechanical, electrical, or industrial construction, particularly related to equipment installation and process utilities.
• Experience with project forecasting, earned value management, or broader project controls methodologies.
• Familiarity with process utility systems and equipment installation projects in highly technical facilities.
• Experience working within complex, highly technical construction environments that require multi-trade coordination.
• Interest in and openness to learning IPD (Integrated Project Delivery) and lean construction methodologies and tools.
• Commitment to ongoing professional development, supported by access to continuous education platforms.

Work Environment

The role operates primarily in a remote work environment, with periodic travel to project sites as required; travel costs are covered by the company. You will support equipment installation projects within advanced manufacturing facilities, working with multidisciplinary teams in a highly technical construction setting. The position is structured as a salaried role with approximately 40-hour workweeks and an emphasis on work-life balance, including paid time off for vacation, holidays, and sick leave. The organization offers a comprehensive benefits package with medical, dental, and vision coverage, a 401(k) plan, and access to ongoing education through an online learning platform. Team members can also take advantage of a discount program and a structured review process that supports professional growth. The company culture combines the feel of a local, progressive consulting firm with the resources and project opportunities of a larger organization, and provides exposure to IPD and lean construction methodologies on significant projects around the country.

Job Type & Location

This is a Contract to Hire position based out of Lake Oswego, OR.

Pay and Benefits

The pay range for this position is $48.07 - $57.70/hr.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: • Medical, dental & vision • Critical Illness, Accident, and Hospital • 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available • Life Insurance (Voluntary Life & AD&D for the employee and dependents) • Short and long-term disability • Health Spending Account (HSA) • Transportation benefits • Employee Assistance Program • Time Off/Leave (PTO, Vacation or Sick Leave)

Workplace Type

This is a fully remote position.

Application Deadline

This position is anticipated to close on Aug 10, 2026.

About Actalent

Actalent is a global leader in engineering and sciences services and talent solutions. We help visionary companies advance their engineering and science initiatives through access to specialized experts who drive scale, innovation and speed to market. With a network of almost 20,000 consultants and 5,000 clients across the U.S., Canada, Asia and Europe, Actalent serves many of the Fortune 500. We are proud to be an Engineering News-Record (ENR) Top 500 Design Firm for our engineering design services and a ClearlyRated Best of Staffing winner for both client and talent service.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email actalentaccommodation@actalentservices.com for other accommodation options.

San Francisco Fair Chance Ordinance: Pursuant to the San Francisco Fair Chance Ordinance, for all positions located in the city and county of San Francisco, we will consider for employment qualified applicants with arrest and conviction records.

Massachusetts Lie Detector: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Use of Artificial Intelligence (AI): We may use Artificial Intelligence (AI) to support parts of our hiring process, including sourcing, screening, and evaluating candidates. AI helps assess applications and qualifications, but final decisions are made by our hiring team. By applying, you acknowledge and agree that your application may be reviewed using AI tools.