Anwar AlBaroudy

A Glimpse of Responsibilities & Achievements:

• Continuously Developing & Improving the Contracts Management processes to warrant:
-Mitigation of contractual risk, avoiding considerable damages.
- Realization of potential revenue (Claims), bringing in significant sums every year.
- Prevention of losses
• Building up a strong team at the Contracts & Claims unit, ensuring their readiness to interface with Clients, Subcontractors and partners at their assigned Projects.
• Providing Expert Advice to top management on Contractual Matters.
• Handling Litigation cases (with a lawyer when needed), and winning numerous cases.

Contracts Department Summary of Responsibilities:

• Claims identification & creation and follow up, bringing significant revenues yearly.
• Monitoring the performance of key Contractual Terms & taking action when needed.
• Managing Contractual Change, ensuring maximum profitability for the Company.
• Monitoring Subcontracts’ from initiation to Closeout focusing on avoiding losses and increasing profitability.
• Creating Standard Subcontracts ensuring favorable term & conditions.
• Reviewing Contracts and creating Risks Registers, used in execution to mitigate risk.
• Professional administration of Contractual Correspondence, protecting the Company’s rights and avoiding unnecessary obligations.

A diversified portfolio of companies working in Oil Summary of Responsibilities:
• Focused on managing the Oil & Gas Services Company’s Contracts & Tenders and providing expert advice on the Contractual needs to other Companies in the Group.
• Founding the Contracts & Tenders Department, building its framework & team.
• Creating Standard Contracts tailored to each Company’s Business needs.
• Successfully Managed Contractual Disputes.
• Took charge of a Project aimed at decreasing the Insurance costs of the Company and completed it successfully slashing the prices and boosting the coverage and service.

Contracts Department Summary of Responsibilities:
• Handling Tender packages and assuring Client’s expectations are met in the Tenders.
• Reviewing Contracts and negotiation with Clients & Suppliers to ensure favorable Contracts & providing management with advice.
• Ensuring each Project’s Insurance needs is fulfilled.

• Creation and/or reviewing of Vessel Chartering Contracts ensuring favorable terms.
• Preparation and submission of Bids & Offers with a high success rate.
• Producing market surveys for Management.
• Monitoring and reporting the status of The Company’s tenders and contracts.

• Handling the formation, drafting and negotiation of subcontracts.
• Handling subcontracting activities and selection of subcontractors.
• Estimating project costs (mainly Power Plants & Petrochemical Plants).
• Identifying project’s scope, requirements and preparing the bid package.
• Occasionally acting as bid team leader (despite being the youngest team member).
• Developing a database to be used in projects’ estimation that significantly improved the process.
• Developing, preparing and evaluating project cost break down, summaries and budget.

• Identifying variations, preparing claims and following up until client approval.
• Approving subcontractor invoices through ensuring compliance with Subcontract.
• Advising the Project team on contractual matters.
• Was responsible for successful claims worth 5 Million USD.