Cost Estimator

Cost EstimatorThe Cost Estimator will support the development and construction of Fervo's geothermal power projects. This role will build and maintain cost estimates across the power plant lifecycle, from early-stage feasibility through detailed engineering, procurement, and construction, and will partner closely with Engineering, Supply Chain, and Project Controls to keep estimates grounded in current market and field data.This is a strong fit for someone who enjoys translating scopes of work and engineering deliverables into rigorous, defensible numbers that inform investment decisions. The ideal candidate brings solid estimating fundamentals, strong Excel modeling skills, and the ability to communicate assumptions and confidence levels clearly to both technical and non-technical stakeholders in a fast-moving, high-growth environment.ResponsibilitiesDevelop and maintain cost estimates (conceptual, budgetary, and detailed/AACE Class 1-5) for geothermal well pads, power facilities, and supporting infrastructure.Build cost models and estimate databases covering surface facilities, electrical interconnection, and balance-of-plant scope. Maintain historical cost databases, unit rates, and escalation factors, and continuously improve estimating tools, templates, and methodology.Partner with Engineering and Project Controls to align estimates with project schedules, scope definitions, and execution plans.Work with Supply Chain and Sourcing to incorporate current vendor quotes, market pricing, and commercial terms into estimates.Track actual costs against estimates, analyze variances, and feed lessons learned back into future estimating assumptions and benchmarks.Support capital planning, budgeting, and investment-committee materials with clear, well-documented cost bases and ranges of accuracy.Prepare risk and contingency analyses (e.g., ranged estimates, sensitivity analysis) to support project decision-making.Communicate estimate assumptions, exclusions, and confidence levels clearly to technical and non-technical stakeholders, including leadership.QualificationsRequiredBachelor's degree in Engineering, Construction Management, or a related technical field, or equivalent experience3+ years of cost estimating experience in geothermal, power generation, industrial construction, or a related capital-intensive industryWorking knowledge of estimating methodologies and classifications (e.g., AACE International recommended practices)Strong Excel modeling skills; experience with cost estimating or project controls software (e.g., cost databases, benchmarking tools) is a plusAbility to read and interpret engineering drawings, scopes of work, and vendor quotesExcellent communication skills, with the ability to present estimates and assumptions clearly to cross-functional teamsComfort operating in a fast-moving, high-growth environment with evolving scopes and shifting prioritiesPreferredExperience with power facilities, electrical interconnection, or renewable energy project costsFamiliarity with project controls disciplines (scheduling, cost/schedule integration, earned value)AACE certification (e.g., CCP, CEP) or progress toward oneLocationFervo Energy has offices in Houston, TX, Golden, CO, Reno, NV, Oakland, CA, and Salt Lake City, UT. This position will be eligible for some hybrid work flexibility, but regular in-office presence at our Houston, Salt Lake City, or Milford offices will be required.Benefits & PerksFervo offers a comprehensive benefits package designed to support your health, financial well-being, and life outside of work. Benefits for eligible employees include:Medical, dental, and vision plan optionsEmployer-paid basic life insurance and short-term and long-term disability coverageA 401(k) plan with up to 6% matchFlexible paid time off and paid parental leaveFamily-building, fertility, hormonal health, pregnancy, postpartum, and parenting support through CarrotA dependent care FSA for eligible child and elder care expensesAn annual Lifestyle Spending Account for eligible wellness expenses, including fitness, financial planning, pet insurance, and pet careEmployee ownership opportunities through Fervo's Employee Stock Purchase Program, as well as LTI and bonus opportunities for eligible rolesBenefits and programs are subject to eligibility requirements and may change.Our WorkplaceFervo Energy highly values having employees work in the office to foster collaboration and strengthen our company culture. This role follows a hybrid schedule, with team members expected to work in the office three days per week. Fervo considers this in-office schedule an essential function of the role. Your recruiter can share more information about the schedule.Equal Opportunity EmployerFervo Energy is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, gender, religion, marital status, registered domestic partner status, age, national origin, ancestry, physical or mental disability, medical condition, sex, genetic information, sexual orientation, military or veteran status, or any other consideration made unlawful by federal, state, or local law. Fervo also prohibits discrimination based on the perception that an individual has any of these characteristics or is associated with a person who has or is perceived as having any of these characteristics.