Cost Engineer

Cost Engineer

Date: Sep 30, 2026

Location: New York City, NY, US

Company: RailWorks

Job ID: 20159

Benefits Offering Founded in 1904, L.K. Comstock & Company LLC is one of the largest specialty electrical contractors for transit rail systems in the United States. With over 100 successful projects for more than 30 transit agencies and work valued at more than $3 billion, we bring a legacy of excellence to every project. As a subsidiary of RailWorks LLC, we maintain a national footprint, with installations across nearly all major U.S. transit systems. Union Benefits – Local #3, IBEW (These benefits vest after 90 days of employment, with coverage applied retroactively to your start date upon successful completion of the introductory period.) As a union shop contractor, L.K. Comstock employees are members of Local Union #3 – IBEW and are eligible for comprehensive union benefits for themselves and immediate family members, including, but not limited to:

• Local Union #3 Pension (vested after 5 years)
• IBEW Pension (vested after 5 years)
• NEBF (National Electrical Benefit Fund)
• Medical, dental & vision (after 26 qualifying weeks)
• HRA - health reimbursement account and annuity fund plans (after 1 year)
• Educational and Cultural Fund
• Deferred salary
• Social Security Payback
• Paid sick leave, vacation, and bereavement (subject to contract negotiations)

Please note: Employees who are already union members and fully vested will retain their current vesting status; your established timeline will not reset to the schedule listed above.

Compensation Salary: $90,000 - $105,000 total compensation

Work Schedule: Monday-Friday (weekends if available)

Position Summary A Cost/Change Engineer is responsible for preparing, managing and overseeing the process of change orders and related costs, ensuring proper documentation, routing, and approval of changes.

Primary/Essential Responsibilities and Duties

• Cost/Change Preparation: Work with project managers and engineers to develop accurate cost estimates for various projects and change orders, including materials, labor, and other expenses.
• Collaboration: Work closely with project managers, engineers, and other stakeholders to gather information necessary for change orders and other cost-related items.
• Change Order Management: Overseeing the change order process, from initiation to proposal to collection of payment.
• Document Control and Other Reporting: Maintaining a system for managing change orders, including tracking their status, history, and related documentation.
• Process Improvement: Developing and/or revising processes, procedures, and work instructions to improve efficiency, accuracy and reduction of costs.

Required Skills and Qualifications

• Attention to Detail: A strong attention to detail is crucial for accurate cost/change estimation and control.
• Organizational Skills: Ability to organize and manage large amounts of data and information.
• Resourcefulness: Ability to find and utilize resources effectively to achieve project goals.
• Financial Acumen: A strong understanding of financial principles and concepts.
• Self-Starter: Takes initiative, can work without supervision and begin projects independently.
• Bachelor's degree Business/finance/Accounting/Economics.

Physical Requirements and Working Conditions

• Works in an office environment.
• Frequently sits for long periods of time.
• Will occasionally require use of hands to evaluate tactile properties of procured
• Frequently speaks, reads, writes, and uses a computer keyboard.
• May require occasional standing, walking, lifting, stooping, or bending.
• Available to deal with after-hours emergencies and call outs

Company Overview This job description is not intended to represent a complete, comprehensive list of all duties and responsibilities that may be required in this position. There may be unplanned activities and other duties as assigned. RailWorks is North America's leading rail maintenance and infrastructure solutions provider. With over 100 years of experience, our geographic footprint enables us to quickly serve our customers and provides ample opportunities for our employees to grow their careers within the company. We take on challenging projects every day and our success relies on a collaborative, safe, and open-minded work environment that encourages teamwork, positivity, and ingenuity. We are committed to creating a culture of trust, respect, and acceptance. RailWorks is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment with RailWorks without regard to an individual's sex, race, religion, creed, color, national origin, sexual orientation, gender identity, marital status, age, disability, veteran status or other legally protected characteristics.