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Hrishikesh Vaspate, Commercial Manager

Hrishikesh Vaspate

Commercial Manager·AECOM Arabia LLC

Saudi Arabia

Bachelor's degree, Civil Engineering

Work experience

Total years of experience: 23 years, 11 months

Commercial Manager

June 2021 - Present

AECOM Arabia LLC

Riyadh, Saudi Arabia

June 2021 - Present

Projects: Six Flags Qiddiya
Developer: Qiddiya Investment Company






Achievements:

1. Leadership: Spearheaded a team of 10 Quantity Surveyors and 3 Commercial Managers, ensuring alignment with organizational goals for the Six Flags Qiddiya Project worth SAR 3.5 billion - By fostering a collaborative environment and clearly defining roles and responsibilities within the team.

2. Financial Management: Established cost control frameworks, reducing budget overruns by 8%, equating to SAR 28 million in savings - By introducing regular cost-tracking meetings and leveraging advanced cost-monitoring tools.

3. Risk Management: Implemented proactive risk assessment techniques, mitigating contractual risks worth SAR 20 million - By conducting periodic risk reviews and adjusting procurement strategies to address identified risks.

4. Stakeholder Engagement: Effectively mediated between client and contractors, resolving 95% of disputes amicably and avoiding costly arbitration - By actively listening to stakeholders’ concerns and proposing win-win solutions backed by contractual evidence.

5. Award Life Cycle Phase: Negotiated and secured contractor packages worth SAR 800 million, ensuring adherence to project milestones - By analysing market trends and leveraging competitive bidding to secure cost-effective packages.

6. Post-Award Life Cycle Phase: Evaluated and negotiated claims worth SAR 50 million, ensuring a ensuring the contractor only receives legitimate entitlements for EoT and disruption - By meticulously reviewing contractor submissions, validating claims with robust evidence, and ensuring compliance with contractual terms.

7. Learn Competencies: Conducted monthly knowledge-sharing sessions on FIDIC principles, reducing disputes by 30% - By designing interactive training sessions and incorporating case studies to enhance learning.

Company industry:
Construction & Building
Job role:
Construction and Building

Commercial Manager

June 2018 - June 2021

BH.NS Engineering

Dubai, United Arab Emirates

June 2018 - June 2021

Damac Akoya Oxygen \[AED 2.5 Billion\]
Developer: Damac Properties \[Front Line Investment Management LLC

Company industry:
General Engineering Consultancy
Job role:
Construction and Building

Senior Quantity Surveyor

January 2017 - June 2018

Wasl LLC

United Arab Emirates

January 2017 - June 2018

Projects: Wasl Tower \[AED 1.50 Billion\]

Company industry:
Installation & Technical Services
Job role:
Engineering

Senior Quantity Surveyor

July 2014 - January 2017

Hill International Inc.

United Arab Emirates

July 2014 - January 2017

Company industry:
Business Consultancy Services
Job role:
Engineering

Senior Quantity Surveyor

February 2010 - July 2014

Woods Bagot Pty. Ltd

United Arab Emirates

February 2010 - July 2014

Projects: Township development project \[AED 520 Million + AED 116 Million\]

Job role:
Engineering

Senior Quantity Surveyor

February 2007 - February 2010

Al Naboodah Group – Group Five Construction LLC

February 2007 - February 2010

Projects: Dubai Duty-Free Warehouse \[AED 213 Million\] & Airport Terminal 2 \[AED 320 M\]
Developer: Dubai Civil Aviation Authority

•Quantity Surveyor \[Civil and MEP\]
Al Futtaim - Carillion LLC \[JV\]
From

Job role:
Engineering

Developer

April 2003 - August 2005

April 2003 - August 2005

\[2.5 years\]
Projects: The ZONE, a multiplex and mall and Kavita Vaults

Job role:
Information Technology

March 1999 - March 2001

Kanhaiya Constructions

March 1999 - March 2001

Various residential apartments’ buildings.

Company industry:
Construction & Building

Education

Membership of Royal Institution of Chartered Surveyors

January 2021

January 2021

Bachelor's degree, Civil Engineering

India

courses: MRICS] through Assessment of Professional Competence [APC] route. Certificate Courses: •“Delay & Disruption Analysis” by Mr R Venkat; •“Effective Contract Management using FIDIC suite of Contracts” by Mr R Venkat; •“Sound Contract Administration” by Dr Indrawansa Samartunga [Dr Sam]; •“Advanced Sound Contract Administration” by Dr Indrawansa Samartunga [Dr Sam]; •“Master Contract Administration” by Dr Indrawansa Samartunga [Dr Sam]; •“Construction Estimating and Valuation” by Construction Computer Software (Pty) Ltd.

Skills

ORACLE DEVELOPER 2000

Expert

BILLING

Expert

BRIDGES

Expert

CD

Expert

CIVIL AVIATION AUTHORITY

Expert

CONSULTING

Expert

ENGINEERING

Expert

MICROSOFT WORKS

Expert

ACCOUNTANCY

Beginner

AUTOCAD

Beginner