Key Responsibilities:
Commercial Management
- Conduct cost analysis and benchmarking for various construction packages.
- Support project budgeting and cost planning exercises.
- Monitor contract values and budget utilization.
- Evaluate rate analysis for extra items and deviations.
- Monitor contractor performance against contractual obligations.
- Maintain contract records, correspondence, and documentation.
Change Orders & Variation Management
- Review and approve variation orders and scope changes.
- Assess commercial implications of design changes.
- Negotiate rates for additional and substituted works.
- Maintain records of all contractual variations and amendments.
Claims & Dispute Resolution
- Evaluate contractor claims related to delays, escalation, and additional costs.
- Prepare contractual responses and notices.
- Assist management in dispute resolution, arbitration, and settlement negotiations.
- Minimize commercial exposure and contractual risks.
Cost Optimization
- Identify value engineering opportunities during tendering and execution stages.
- Support procurement initiatives for cost reduction.
- Develop alternate sourcing and contracting strategies to improve project profitability.
Risk Management & Compliance
- Identify contractual risks and develop mitigation plans.
- Ensure compliance with statutory requirements and company governance policies.
- Monitor contractual obligations, warranties, guarantees, and insurance requirements.
Stakeholder Coordination
- Liaise with consultants, contractors, project managers, architects, legal teams, and senior management.
- Participate in project review meetings and commercial discussions.
- Provide contractual advice to project teams throughout the project lifecycle.
Technical Competencies
- Contract Management
- Tendering & Procurement
- Quantity Surveying
- Cost Control & Budgeting
- Commercial Negotiation
- Rate Analysis
- Claims Management
- Vendor Management
- Construction Methodologies
- MS Excel, ERP Systems, and Contract Management Software
Behavioral Competencies
- Leadership and team management
- Analytical thinking
- Negotiation and influencing skills
- Problem-solving ability
- Strong communication and interpersonal skills
- Decision-making capability
Key Performance Indicators (KPIs)
- Timely award of contracts and work orders
- Savings achieved through commercial negotiations
- Adherence to project budgets
- Effective management of variations and claims
- Reduction in contractual disputes
- Contractor performance and compliance
- Timely processing of bills and certifications
- Risk mitigation and contract compliance
Pay: ₹1,600,000.00 - ₹1,864,040.77 per year
Work Location: In person
