Jayaraman Sinivasan

Upper Zakum 750 Island Surface Facilities EPC2: ZADCO, UAE (Value: ~$5B)
Managed sub-contract contracts and forecasts against actual trends. Addressed contract stipulations and resolved conflicts in a timely manner. Performed audit, cost evaluations, and compliance checks. Supervised offshore sub-contractors and final accounting with settlements, variations, and close-outs. Provided contractual updates on risk mitigation measures and cost opportunities. Developed agreements in line with FIDIC terms and back charges to 3rd parties within strict deadlines. Built productive relations with external customers. Attended internal/external meetings with site team and made decisions/assurances.
Key Contributions:
 Sourced additional resources for on-time project completion during acceleration phases.
 Attained targeted prices for bids in line with budgetary guidelines and payment terms and conditions while interacting with contractors.
 Led and trained a team of quantity surveyors that reduced over 10 to 15% final measurement claims.
 Received major claims up to 200% of original agreement values and recommended to senior management for justified settlement by less than 15%.

SATAH Full Field Development Project (STFFD): ZADCO- UAE (Value: ~$500M)
Identified contract trends and evaluated reasonable/economical settlements while co-ordinating with clients. Provided updates and feedback to top management regarding risk control measures. Attended regular meetings with key stakeholders and clients and maintained accurate records of actions.
Key Contributions:
 Attained Significant Contract Trend Notices (CTNs) approvals while considering all risk factors.
 Successfully extended time claims ~20 to 25% of project value.

IGD5 GASCO Project: Abu Dhabi, United Arab Emirates (UAE) - JV of Tecnimont & JGC (Value: ~$850M)
Oversaw litigation, cost control, and quantity survey functions. Managed sub-contract works, billings, contract negotiations, and final close-outs. Supervised RFQ and decision-making processes as well as tender handover and pre-start-ups. Performed risk control measures and cost value reconciliations (CVRs). Evaluated contract variations and monitored financial progress for revisions on working budgets to reduce cash flows and overrun cost risks. Diagnosed and resolved disputes against employer liabilities by liaising with sub-contractors and clients. Led execution of resources and commercial planning.
Key Contributions:
 Extended time claims ~20-30% of major contract value and acquired approvals by communicating with main contractors.
 Issued agreements under FIDIC conditions, controlled sub-contracts budget of ~$400M, and managed sub-contract variations and claims for justified settlement.
 Headed a large quantity survey team that led the re-measured projects valued at ~$1B with client and carried out cost estimation and sub-contracts final measurement value of ~$400M.
 Conceptualised cost evaluations and targeted prices ~15-20% from the budgeted cost.

Aromatics Complex Project: Consortium of Tecnimont S.P.A & SK Engineering Corp (Value: ~$250M)
- Incorporated under KHARAFI NATIONAL LLC section