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Cost Engineer Jobs in Reston, VA (NOW HIRING)

ACT1 Federal

Journeyman Cost Estimator

Arlington, VA

$115K - $141K/yr

Our core capabilities include weapon systems engineering, logistics, space domain expertise, global ... Cost Estimating - Demonstrated understanding of the connections of cost drivers and estimating the ...

ProSidian Consulting

Cost Estimator

Washington, DC · Remote

Coordinates with engineering, finance, legal, construction, operations, environmental, HSE, and ... For Cost Estimator | Operations / Construction & Lifecycle Monitoring Support [DOE0057057 ...

Rider Levett Bucknall

Cost Manager

Leesburg, VA · On-site

$90K - $115K/yr

Support value engineering initiatives to optimize cost efficiency while maintaining quality and scope Review contractor and vendor closeout documentation to ensure compliance with contractual ...

PL ASSOCIATES INC. (PLA)

Cost Estimator

Washington, DC · On-site

$45 - $65/hr

Demonstrated ability to read and interpret engineering plans, specifications, and contractual ... Experience in cost estimating for water/sewer facilities or industrial plant designs * Be involved ...

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All JobsCost Engineer JobsCost Engineer Jobs in Reston, VA

Cost Engineer information

See Reston, VA salary details

$47.4K

$101.2K

$145.4K

How much do cost engineer jobs pay per year?

As of Sep 6, 2026, the average yearly pay for cost engineer in Reston, VA is $101,150.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,400.00 and $118,800.00 per year, depending on experience, location, and employer.

What is a cost engineer?

Cost Engineers are professionals who specialize in estimating, managing, and controlling the costs associated with engineering projects. They analyze project plans, materials, labor, and time requirements to develop accurate cost projections and budgets. Cost Engineers play a crucial role in helping organizations optimize resources, minimize expenses, and ensure projects are completed within financial constraints. Their expertise is essential in industries such as construction, manufacturing, and energy.

What does a cost engineer do?

As a cost engineer, you estimate the various costs associated with a project. You can perform your duties in a variety of settings and industries. Many cost engineers work in construction, manufacturing, or other industrial enterprises. In these positions, your responsibilities focus on using technical knowledge to forecast expenses for all phases of the project accurately. You help create a budget that includes time, materials, labor costs, and other factors. These other factors may include things like travel, taxes, and security needs. Cost engineers use specialized software to organize their cost figures and compile information for creating a budget.

What are the key skills and qualifications needed to thrive as a cost engineer, and why are they important?

A Cost Engineer requires a solid background in engineering, mathematics, or finance, often supported by a relevant degree and experience with budgeting and cost estimation. Familiarity with cost management software (like Primavera or SAP), project management systems, and industry certifications such as AACE or PMP are typically important. Strong analytical thinking, attention to detail, and effective communication help Cost Engineers collaborate with project teams and stakeholders. These competencies are crucial to ensure project costs are accurately estimated, controlled, and aligned with business objectives.

How does a cost engineer typically collaborate with project managers and other departments during a project's lifecycle?

Cost Engineers work closely with project managers, procurement teams, and engineering staff to ensure project costs remain within budget and financial risks are minimized. They participate in regular project meetings, provide cost forecasts, and analyze potential cost overruns. Their role often involves reviewing vendor quotes, coordinating with schedulers to align budgets and timelines, and preparing detailed cost reports for stakeholders. This cross-functional collaboration is essential to proactively identify issues and support informed decision-making throughout the project.

What is the difference between Cost Engineer vs Cost Estimator?

AspectCost EngineerCost Estimator
CredentialsTypically requires a degree in engineering, construction management, or related field; certifications like AACE International's CCP or CEOften holds a degree in construction management, engineering, or related; may also have certifications like AACE CCP
Work EnvironmentWorks on project cost control, budgeting, and financial analysis during project executionFocuses on preparing cost estimates for project bids and proposals
Industry UsageUsed throughout project lifecycle, especially in engineering and construction projectsPrimarily involved during project planning and bidding phases

While both roles involve cost analysis, a Cost Engineer manages ongoing project costs and controls, whereas a Cost Estimator focuses on initial cost projections for bids. Understanding these differences helps in selecting the right career path or job role in the construction and engineering industries.

How much do cost engineers make in the US?

Cost engineers in the US typically earn a median annual salary of around $80,000 to $100,000, with experienced professionals and those in senior roles earning over $120,000. Salaries vary based on industry, location, experience, and certifications such as AACE International's certifications.

What degree do you need to be a cost engineer?

A cost engineer typically needs a bachelor's degree in engineering, construction management, finance, or a related field. Some employers prefer candidates with a master's degree or professional certifications such as the Certified Cost Professional (CCP) or Certified Estimating Professional (CEP). Strong analytical skills and experience with project management tools are also important.
More about Cost Engineer jobs

What are popular job titles related to Cost Engineer jobs in Reston, VA?

For Cost Engineer jobs in Reston, VA, the most frequently searched job titles are:

What job categories do people searching Cost Engineer jobs in Reston, VA look for?

The top searched job categories for Cost Engineer jobs in Reston, VA are:

Cost Engineer jobs near you
Infographic showing various Cost Engineer job openings in Reston, VA as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 11% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $100,964 per year, or $48.5 per hour.

Journeyman Cost Estimator

ACT1 Federal

Arlington, VA

$115K - $141K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 17 days ago

Job description

Description

Position Title: Journeyman Cost Estimator

Location: Arlington/Crystal City, VA

Category: Proposal-**Contingent upon contract award**

Schedule (FT/PT): FT

Travel Required: N/A

Shift: Day

Remote Type: Hybrid

Clearance Required: Secret (or Secret Eligible)

Division: Ops

Salary Range: $115,000-$141,000

Who is ACT1 Federal?

ACT1 Federal is a 100% employee-owned company supporting the Department of Defense and Federal civilian agencies for nearly 30 years. Our core capabilities include weapon systems engineering, logistics, space domain expertise, global defense and security, business and financial management for security assistance and major defense articles, and military training and Arctic security.

Join us in delivering mission-critical solutions and industry-leading talent to advance the missions of our partners, organizations, and communities we serve.

Description

ACT1 Federal is looking for a journeyman-level cost estimators who have experience in cost analysis principles including, but not limited to

Cost/Technical - Expertise in DAF weapon systems/system-specific cost/engineering experience to be able to identify appropriate acquisition and O&S cost drivers and document current technology issues/trends/changes driving costs.

Cost Estimating - Demonstrated understanding of the connections of cost drivers and estimating the acquisition and O&S costs of weapon systems and subsystems.

Data collection - Demonstrated ability to collect and normalize cost, technical, and programmatic data from Government and Industry entities. Knowledge of the government systems to which their assigned project relates, including but not limited to: Defense Cost and Resource Center (DCARC) data collection process and demonstrated experience in the use of and analysis of CSDRs and CPRs. Knowledge of the DCARC data system(s) (i.e., DACIMS, CADE). Knowledge of the AFTOC system.

Data analysis & cost tools - Demonstrated ability to analyze data and develop cost estimating methods and tools.

Responsibilities:

  • Data collection of technical, programmatic, and cost data for Department of War (DoW) aircraft and unmanned aerial vehicle (UAV) programs.
  • Research and data entry into customer databases
  • Statistical analysis and development of cost estimating relationships (CERs)
  • Development of cost models and/or development on independent cost estimates
Requirements
  • Bachelor's Degree from an accredited college or university
  • Must have at least five (5) years of cost analysis experience.
  • Active secret clearance
Benefits
  • Medical/Dental/Vision Insurance 
  • ACT1 Employee Stock Ownership Plan (ESOP) 
  • Company Paid Life and AD&D Insurance 
  • Company Paid Short-Term Disability  
  • Voluntary Long-Term Disability 
  • Flexible Spending Accounts (FSA) 
  • Health Savings Account (HSA) 
  • 401K with employer match 
  • Paid Time Off  
  • Paid Holidays 
  • Parental Leave 
  • Military Leave 
  • Education, Training & Professional Development 
  • Voluntary Accidental Injury/Critical Illness/Hospital Care 
  • Voluntary Pet Insurance, Legal Resources, and Identity Protection 

 Salaries are commensurate with experience and qualifications, as well as market and business considerations.

All qualified applicants will receive consideration for employment without regard to disability, status as a protected veteran or any other status protected by applicable federal, state, local, or international law.

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