Lead Project Estimator-Power Generation & Energy Infrastructure
Job Summary
At NiSource, we are committed to delivering safe, reliable, and sustainable energy to the communities we serve. We are seeking a Lead Project Estimator to support the development and execution of major capital power and energy infrastructure projects.
Key Responsibilities
Cost Estimating & Analysis
Lead development of Class 5 through Class 1 estimates in alignment with AACE principles
Prepare total installed cost (TIC) estimates including EPC, owner’s costs, contingency, and escalation
Develop detailed cost estimates for labor, materials, equipment, subcontractors, and indirect costs
Clearly define estimate bases, assumptions, exclusions, and methodologies
Prepare estimate packages that are suitable for governance reviews and investment decisions, including basis of estimate documentation, assumptions, exclusions, key risks, and confidence rangesCapital Planning & Regulatory Support
Support capital planning, integrated resource planning (IRP), and long-term investment strategies
Provide cost inputs to support regulatory filings, rate cases, and investment approvals
Develop estimate ranges and confidence levels aligned to project stage and governance requirements
Evaluate alternative project configurations and execution strategies to support least-cost, best-fit solutionsTechnical Integration & Project Development
Translate engineering scope into cost drivers across major systems, including: Gas turbines, HRSGs, steam turbines, and balance of plant
Electrical systems, substations, and grid interconnection
Energy storage systems (BESS, inverters, controls)
Participate in technology selection, site evaluations, and constructability reviews
Support project development activities from early-stage screening through execution readinessRisk, Market Awareness & Benchmarking
Perform cost validation, benchmarking, and estimate reconciliation
Lead risk assessment and contingency development, incorporating uncertainty and market variability
Maintain and enhance historical cost databases and estimating benchmarksCollaboration & Stakeholder Engagement
Work closely with engineering, project management, supply chain, finance, and regulatory teams
Present estimates, assumptions, and key cost drivers to leadership and governance teams
Develop Independent Cost Estimates (ICEs) and support contractor bid evaluations and negotiations
Interface with EPC contractors, vendors, and consulting partners
Support review of contractor change notices and validation of change orders for approval
Support estimate refinement through project development, contract award, and execution by validating commercial changes, reconciling contractor pricing, and informing forecast updatesContinuous Improvement
Strengthen estimating tools, processes, and data governance
Promote consistency and best practices across the capital portfolio
Mentor and support development of junior estimators and staff as necessary
Required Qualifications
- Bachelor’s degree in Engineering, Construction Management, Finance, or related field (or equivalent experience)
- 10+ years of experience in cost estimating
- Minimum 5+ years supporting power generation, transmission, or energy infrastructure projects
- Proven ability to develop estimates for large-scale capital projects ($100M+)
- Strong understanding of: Engineering design development, Construction practices and execution strategies, Procurement and contracting approaches
- Proficiency with estimating tools such as: Aspen Capital Cost Estimator, InEight Estimate, Cleopatra, Sage, or similar
- Advanced Excel modeling
Preferred Qualifications
- Experience within a regulated utility environment
- Experience estimating: CCGT or simple cycle generation, Battery energy storage systems (BESS), Renewable energy and grid infrastructure
- Professional certifications such as AACE CCP, PMP, or equivalent
- Experience supporting IRP, rate cases, or regulatory filings
- Experience in EPC, EPCM, or owner’s project delivery models
Key Competencies
- Commitment to safety and operational excellence
- Strong analytical and problem-solving skills
- Clear and effective communication with technical and non-technical stakeholders
- Ability to balance detail-oriented analysis with strategic decision-making
- Collaboration and stakeholder alignment
- Ability to manage multiple priorities in a dynamic environment
Why Join NiSource
- Contribute to critical infrastructure investments that power and connect communities
- Support the transition to a more sustainable and resilient energy future
- Work on large, impactful capital projects across a diverse portfolio
- Collaborate with experienced professionals in a safety-first, values-driven organization
Success in This Role
- In the first 12 months, you will:
- Establish consistent estimating practices across assigned projects
- Improve estimate accuracy, transparency, and confidence levels
- Support successful regulatory and investment approvals
- Build and enhance cost benchmarking tools and data
- Strengthen collaboration across development, engineering, and construction teams
ADA Accommodations
If you need a reasonable accommodation to participate in any part of the hiring process or to perform the essential functions of the position, please contact OneHR at OneHR@nisource.com or 1-888-640-3320
Safety Statement
Promote a safe work environment by actively participating in all aspects of our employee safety program. Report any unsafe conditions and take actions to prevent personal injuries. Support our interdependent safety culture by ensuring the safety of your co-workers. Stay focused on the task at hand and promote productivity through good work habits.
Workplace Connection
Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners. Respect the unique lived experiences within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represents all walks of life and all backgrounds. Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment.
Equal Employment Opportunity
NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, sex (including pregnancy, lactation, childbirth or related medical conditions), genetic information, citizenship status, or any protected group status as defined by law. Each employee is expected to abide by this principle.
ADA Accommodations
If you need a reasonable accommodation to participate in any part of the hiring process or to perform the essential functions of the position, please contact OneHR at OneHR@nisource.com or 1-888-640-3320
Safety Statement
Promote a safe work environment by actively participating in all aspects of our employee safety program. Report any unsafe conditions and take actions to prevent personal injuries. Support our interdependent safety culture by ensuring the safety of your co-workers. Stay focused on the task at hand and promote productivity through good work habits.
Salary Range
$113,500.00 - $170,300.00