Head of Contracts and Commercial
Klass N Trend Trading & Contracting
Total years of experience :18 years, 5 Months
It is my responsibility to oversee all aspects of contract management and commercial operations. It is my primary duty to ensure the success of the organization's contractual and commercial activities in order to maximize profit, minimize risks, and maintain strong client and supplier relationships. A Head of Contracts/Commercial has the following responsibilities:
1. Contract Management
2. Commercial Strategy
3. Vendor and Supplier Management
4. Risk Management
5. Team Leadership and Collaboration
6. Compliance and Legal Oversight
7. Performance Monitoring and Reporting:
In addition to managing contracts, commercial activities, and relationships with vendors and suppliers, I am also responsible for managing the strategic direction of the department. By managing contracts well, mitigating risks, and aligning commercial operations with organizational goals and regulatory requirements, I ensured smooth operations.
In this role, I managed contractual and commercial aspects of an organization's operations. My primary responsibilities include effective contract management, maximizing commercial opportunities, mitigating risks, and maintaining strong relationships with clients and suppliers. Contracts & Commercial Managers are responsible for the following duties:
1. Contract Management
2. Commercial Strategy
3. Supplier and Vendor Management:
4. Risk Management
5. Contract Compliance
6. Negotiation and Deal Closure
7. Performance Monitoring and Reporting
8. Stakeholder Management
I am responsible for managing contracts, overseeing commercial operations, mitigating risks, and ensuring compliance with contractual obligations. it contributes to the development of commercial strategies, manages relationships with suppliers and vendors, and monitors contract performance to optimize profitability and drive business growth.
• Managing the team of commercial, procurement, and contract staff, including subconsultants, to analyse, evaluate and manage project finances, contracts, as well as assuring commercial performance against established schedule, budgets, and other critical project data.
• Provide guidance, direction, and specialized assistance to project team for the resolution of project commercial and contracts related issues, ensuring latest information and resources are available for dealing with all issues.
• Oversee the commercial performance of assigned project areas to ensure project commercial procedures and objectives are maintained by sharing best practices and continual improvement techniques with staff, monitoring, and reporting to senior management concerning compliance with client business objectives.
• Interface with client team/other stakeholders as required, attends regular meetings, and provide critical project updates/ reports and presentations.
• Manage with key contract negotiations or contract modifications, drawing upon broad prior experience to effectively negotiate the most favourable terms and conditions for the assigned project to achieve client objectives.
• Establish and lead implementation of strategic commercial project plans
• Provide project planning support (e.g., risk assessment, bid analysis, participation in business plan development, etc.).
• Identify risks and contractual terms not conforming to project policy and procedures.
• Manage successful commercial execution of assigned projects to meet project goals and requirements, in coordination with the Project Development Manager of assigned area, by:
• Managing with the development of work plans and budgets.
• Reviewing project proposals or work plans to determine time frame, financial objectives, and procedures for accomplishing work.
• Preparing project status reports, including updated cost projections and schedules for senior management and client.
• Identifying changes in scope or differing conditions and securing appropriate change orders for project cost and time if approved.
• Reviewing project progress reports and status of contracts, indicating current status with regards to financial situation and provide guidance and recommendations for improvements.
• Advising management of ways to limit any potential claims deriving from the failure to strictly adhere to project contract terms and conditions.
• Managing the review of contractual notices of claims and providing contractual advice to the project delivery teams, where appropriate.
• Managing the preparation and maintenance of Engineer’s Instructions, contract changes (amendments), variation orders, bonds, insurances, and claims logs.
• Facilitating the contract close-out procedures to ensure that all terms and conditions of contracts have been complied with prior to final payment to contractors/consultants.
As a Manager of Quantity Surveyors, my role involves a range of duties and responsibilities related to the effective management and coordination of quantity surveying activities within a project or organization. Here's a brief overview:
1. Team Leadership
2. Workload Management
3. Quality Assurance
4. Performance Evaluation
5. Collaboration and Communication
6. Resource Management
7. Risk Management
8. Client Management
9. Continuous Improvement
I led my quantity surveying team to deliver high-quality quantity surveying services, ensure efficient resource utilization, and maintain client satisfaction as a Quantity Surveyor manager. By providing guidance, fostering collaboration, and promoting professional growth, I contributed to the overall success of quantity surveying projects. I also contributed to my team members' development.
• Preparing Sub-Contractor’s agreements
• Identify the variations and negotiate with the Civil Contractor/ Consultant.
• Quantity take-off
• Prepare the evaluation of Variation.
• Monthly interim Valuation and certifying subcontractor payment certificate.
• Sub-Contractor work finalization and Preparing Subcontractor Liability.
• Preparation of Subcontract tender documents.
• Work according to FIDIC condition
• The Rate built up
• Tender allowances to minimize the cost
• Cash flow forecast and optimize the financial benefits
• Prepare the commercial and progress report
As a Senior MEP (Mechanical, Electrical, and Plumbing) Quantity Surveyor, my duties and responsibilities encompass a higher level of expertise and leadership within the MEP quantity surveying field. Here's a brief overview of my duties and responsibilities:
1. Project Planning and Strategy:
2. Cost Estimation and Value Engineering
3. Tendering and Contract Negotiation
4. MEP Quantity Takeoff and Measurement
5. Cost Control and Forecasting
6. Risk Management
7. Change Management
8. Client Management and Stakeholder Engagement
9. Team Leadership and Mentoring
10. Industry Knowledge and Continuous Improvement
As a Senior MEP Quantity Surveyor, my duty is to provide expert leadership, strategic direction, and technical expertise in MEP quantity surveying. By ensuring accurate cost estimation, effective cost control, and comprehensive risk management, I contributed to the successful delivery of MEP projects while meeting client requirements and maintaining profitability.
General MEP Quantity Surveyor`s duties & responsibilities.