Maged Fayek, Director

Maged Fayek

Director

AL-SHAFAR GENERAL CONTRACTING

Location
Egypt - Cairo - Heliopolis
Education
Master's degree, Civil Construction And Civil Engineering
Experience
9 years, 7 Months

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Work Experience

Total years of experience :9 years, 7 Months

Director at AL-SHAFAR GENERAL CONTRACTING
  • United Arab Emirates
  • My current job since February 2019

mentor, and direct 18+ contracts and claims professionals accountable for 15+ major and complex projects, from commencement to completion, with value totalling circa EGP 50B
•Engage with cross-functional management teams, to include Project Managers, Department Directors, Project Directors, and General Manager, to formulate sound decisions on all contractual and commercial aspects of projects
•Manage preparation of 60+ EOT claims, including prolongations, suspensions, accelerations, and disruptions
•Negotiate determinations and optimal settlements for all dispatched claims, while serving as the subject matter expert in the resolution of disputes and arbitration cases
•Develop and review the preparation of contract risk assessment for contractors, from pre-award to post-award phase
•Direct the Planning and Cost Control Teams on all claims related matters, providing advice and verifying the delay analysis and methods of cost assessment of the incurred costs, losses, damages, and consequential costs
•Define, develop, implement, and continuously fine-tune departmental systems, policies, and procedures
•Train, coach, and mentor the team to increase their commercial and contractual awareness, while driving own development through active participation in site meetings and visits, conferences, and pursuing ongoing education
Key Achievements:
•Successfully established the company’s Contracts, Claims, and Insurance Department in less than four months
•Secured the best terms, conditions, and price rates on all insurance policies, while effectively settling 20+ insurance claims compensations, resulting in total savings of circa 12Mill. (40%)
•Won the company’s global competition award ‘How to Achieve the Unimaginable for ASGC’

Contracts and Claims Manager at Pioneer International for Projects Management Consultants
  • United Arab Emirates - Abu Dhabi
  • December 2017 to January 2019

• Managed a team of five Engineers in charge of project development, substantiations and settlement of claims, delay analysis, costs monitoring, and resolution of claims and all commercial issues
• Maintained regular communication with the Executive Leadership team across client companies to offer consultation, monitoring, and resolution of all contractual and commercial issues
• Administered bespoke/FIDIC suite of construction contracts for all clients, with a total contract amount in excess of AED 1.5B spanning 20 projects across 10+ locations
• Drafted a range of commercial documents to include contracts, subcontracts, addenda, amicable settlements, memorandum of understandings (MOUs), request for proposals (RFPs), request for quotations (RFQs), letter of intent (LOI), and letter of acceptance (LOA)
• Formulated, implemented, and continuously enhanced policies related to claims operations
• Proposed, negotiated, and secured the awards of lump-sum price construction contracts to all clients
Key Achievements:
• Provided subject matter expertise on conflict and alternate dispute resolution, leading to lower litigation expenses and mitigation/minimisation of arbitration proceedings
• Sustained high levels of client satisfaction by monitoring and immediately communicating all significant issues and deviations to clients' management team, offering solutions and recommendations as necessary
• Contributed to project profitability through effective management and tracking of invoicing and payment process

Contracts Engineer at Hurgadah International Airport (HIA)
  • April 2011 to March 2012
Site Engineer at Automated People Mover (APM)
  • December 2009 to March 2011
Site Engineer at Fairmont Hotel Heliopolis
  • April 2009 to November 2009

Education

Master's degree, Civil Construction And Civil Engineering
  • at The American University In Cairo
  • March 2008

Specialties & Skills

Change Management
Contracts Review
Dispute Resolution
Commercial Management
Claims Management
Contracts
ARBITRATION
COACHING
CONFERENCES
CONSULTING
CONTRACT MANAGEMENT
COST CONTROL
CUSTOMER RELATIONS
DRIVING
FUNCTIONAL
GENERAL MANAGEMENT
Claims Initiation, preparation and handling
Mediation

Social Profiles

Personal Website
Personal Website

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Languages

Arabic
Expert
English
Expert

Memberships

Royal Institute of Chartered Surveyors
  • Member
  • January 2019
Chartered Institute of Arbitrators
  • Member
  • February 2022

Training and Certifications

PMP, IPMA, CLAC, MCIarb, Assoc.RICS, CICCM, Mediation, Leadership, Risk Management, (Training)
Training Institute:
Many Institutes, Courses, Trainings and Professional Memberships