Ensure contractual entitlements or pursue and maximize that positive cash flow is maintained and that contractual risk/matters are recognized, flagged, and resolved in a timely manner.
· Review the tender documents and provide suitable commercial qualifications to the estimation team for inclusion in our bids
· Review the LOI / LOA/ Contracts and negotiate with the main contractor/Clients for suitable amendments in favor of the organization.
· Ensure timely submission of bank guarantees and insurance
· Coordinate with the procurement team for suitable amendments to specialized subcontract agreements.
· Administer contracts to protect the organization’s interests in terms of managing risk and claims
· Prepare and submit claims as per contract requirements.
· Commercial management i.e. timely collection of payment, timely approval of variations, ensuring minimal variance between application v/s certification. (Maintain health relations with all stakeholders)
· Review and approve variation budgets as per internal process.
· Prepare monthly commercial reports
· Subcontract management: Negotiate with them for claims, and variations to avoid any impact on the project.
· Review and submit contractual correspondences to protect and secure our contractual entitlements
· Coordinate with the team with effective risk management and mitigation.
· Coordinate with the team for cost control measures.
· Validate the cost-to-come provided by the team
· Obtain taking over certificates and final acceptance certificates.
· Negotiate and conclude final accounts with main contractor/clients/subcontractors
· Timely retrieval of bank guarantees
· Project Documentation is in order
· Identify and notify the management of any potential disputes.
· Mentor and train the team
· Manage the commercial team and take over tasks as assigned by the management.
Key Skills
· Works collaboratively and uses influence to gain the resolution of issues.
· Leadership qualities
· Laws pertaining to construction and contracts.
· Effective interpersonal and communication skills