Senior Contract Specialist

0 years

3 - 5 Lacs

Posted:2 weeks ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Part Time

Job Description

Job Description


To implement strategy for the successful project executions specifically in terms of Contracts Administration and Legal requirements for all operational projects across various sectors. Instrumental in evaluating and interpreting the Contractual terms and conditions, critical contractual correspondence with Client/ Authority and Contractor/ Concessionaire such as Extension of Time, Suspension, Termination, amendment to the conditions of the Contract / Supplementary Agreements, etc. I support multiple project execution teams across all Business Units and is responsible for the Contract Administration, Dispute Resolution and Arbitration, Litigation, for all projects. I am also engaging with clients on a regular basis to understand expectations and ensure satisfaction.


Qualifications


B. Tech/ M. Tech


Additional Information


Review correspondence from contractors/clients on contractual matters and advise BU/FU on the line of response ➢ Review and analyse requests from contractor for variations and vet their solutions contractually ➢ Advise on stage payments to contractor regarding statutory and contractual recoveries thereof with respect to provisions in the contract ➢ Review and analyse the claims that may be received from contractor contractually and give his advice on the same ➢ Advise BH/FU on matters that must be referred to the client as per contract for acceptance/final decision e.g. extension of time, variation, suspension, termination, etc. ➢ Meeting with the BH/FU on a regular basis to review contractual issues/ problems and formulate necessary mitigation strategy in line with available contractual remedies ➢ Exercising and stating remedies, as appropriate, where a contractor’s performance is deficient. ➢ Resolving disputes and arbitration, as the case may be, in a timely manner. ➢ Documenting significant contractual events such as Contract signing, formulation of MOU/JV agreements, contract amendments/supplementary agreements, etc. ➢ Submit periodic reports on Contractual issues, Dispute & Arbitration, litigation, etc. to the management ➢ Ensure all compliance and auditing requirements related to Contract Administration, Legal as per the company's policies, guidelines and procedure

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