Responsibilities Tasks Prepare cost evaluation of materials and/or labor Prepare prequalification submissions to present to clients Read plans, drawings, and specifications to determine work requirements Operate computer-aided design and drafting (CAD) systems and other computer systems Prepare an evaluation of overhead expenses Conduct profitability studies and provide cost estimates related to proposed projects Determine cash flow and liquidity requirements Create and submit estimation reports, quotation sheets, and submission forms Follow takeoff procedures Provide advice on submission procedures Analyze submissions and recommend acceptance Establish control and reporting procedures Monitor and adjust contract expenses Prepare and update directories of suppliers and specialized contractors