Contracts Manager

Larsen & Toubro Limited

5 - 10 years

10 - 20 Lacs

powai maharashtra india

Posted:15 hours ago| Platform: Foundit logo

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Skills Required

project management contract management contract negotiation stakeholder management

Work Mode

On-site

Job Type

Full Time

Job Description

Review and analyze commercial and contractual aspects of tender documents.
Raising clarifications, exceptions and deviations on the tender document.
Converting project specific requirements on technical, commercial, SCM or of other functions into contractual terms & obligations
Listing salient features, rights, obligations and liabilities under the awarded contracts and making detailed presentation to execution team.
Negotiating with the customers for mutually acceptable contracting terms.
Identification of contractual risks and proposing risk mitigation plans.
BOQ - Progress based invoicing and payment follow-up
Administration of bank guarantees and Insurances.
Maintain contractual records and documentation in chronological order
Coordination with yard teams, legal, finance, insurance taxation for validation and inputs on relevant contractual aspects to ensure contracts are accepted as per risk management guidelines and that there are no profit leakages and commercial costs are optimized.
Estimation and costing for new proposals & change orders
Developing effective working relationships with clients and support project team on contract administration throughout the project lifecycle (on change orders, scope and time extensions, FIM delays, additional scope, and other contractual matters)
Performing any other reasonable duties as directed by line management

Contract closure

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