Contract and Commercial Manager
China Railway Construction co.ltd
Total years of experience :14 years, 10 Months
Commercial Aspects: Ensure timely and accurate execution of
commercial aspects in a portfolio of contracts and subcontracts. This
includes managing payments, claims, variation orders, warranties,
provisions, guarantees, and other financial aspects.
Contract Development and Negotiation: Lead contract negotiations
and prepare drafts of various contractual agreements, ensuring
favorable terms and conditions.
Contract and Commercial Management: Monitor cash flow, invoicing,
variations, and claims. Identify the contract baseline and highlight areas
of potential opportunity and risk.
Project Collaboration: Collaborate closely with contractors, architects,
engineers, and public agencies to complete projects within specified
timelines and budget constraints.
Contract Analysis: Identify contract baseline, including terms and
conditions, specifications, drawings, estimates, proposals, schedules,
and other contract documents. Highlight areas of opportunity and
potential risk.
Financial Management: Oversee all aspects of company cash flow,
invoicing, variations, and claims. Prepare and manage project budgets
to accurately track costs and expenses.
Contract Negotiation: Negotiate contracts and prices by collaborating
with vendors and developers to ensure fair pricing and quality service
Subcontractor Management: Monitor subcontractor operations and
apply effective time, resource, and cost management strategies to
ensure projects are completed under budget.
Vendor Relations: Communicate regularly with vendors to maintain
operational efficiency and compliance with budgetary constraints.
Quality Control: Develop and implement quality control plans to
guarantee highest standards of workmanship.
Risk Mitigation: Create and implement risk mitigation plans to reduce
potential project delays and costs.
Labor Contracts: Negotiate labor contracts with general contractors
and subcontractors to optimize project outcomes.
Procurement Efficiency: Streamline contract bidding and procurement
processes to secure best prices for materials and services, reducing
project costs.Prepare drafts of LOAs, LOIs, Purchase Orders, Contracts,
Subcontracts, and Supply Contracts. Ensure that all relevant contracts
contain appropriate terms and conditions to protect the concerned
party's interests.
Operational Excellence: Assist in organizing and overseeing assignments
to drive operational excellence within construction projects.
Cost Tracking: Continuously track project costs and other financial
metrics to maximize profitability and manage budget adherence.
Vendor Relationships: Establish and maintain relationships with vendors
to source affordable and high-quality materials and equipment for
construction projects.
Project Reporting: Prepare detailed project estimates and reports for
management review.
Value Engineering: Lead coordination efforts for value engineering,
focusing on cost-effective project enhancements.
Cost Reporting: Prepare and submit monthly cost reports, monitor and
coordinate value engineering efforts, and manage contract change
control.
Client Relations: Develop and maintain professional relationships with
clients to ensure program and project requirements are met and
financial objectives are achieved.
Team Leadership: Manage, lead, and coordinate a team of cost,
contracts, and commercial managers within a live project environment.
Procurement Strategy: Work on development of procurement
procedures to achieve best value in terms of price, quality, and delivery
time.
Project Implementation: Ensure effective project implementation, utilize
project management systems to monitor purchases, invoicing, and
delivery status, and facilitate project closure.
Contract Strategy: Develop contract strategies based on client
requirements, considering risk, pricing, scope, and schedule for overall
execution strategy.
• Drafted contractual, technical and commercial correspondences and
proposals.
• Collaborated with the client and created project specific frameworks,
criteria and action plans to ensure deployed subcontractors are compliant
with client requirements.;
• Evaluated subcontractors' financials and advised in case of internal
restructuring to
provide sufficient evidence they are culpable of withstanding the
magnitude of their scope.
• Created project-specific frameworks, criteria, and action plans to ensure
deployed
subcontractors are compliant with client requirements.
• Liaised with the Project team to ensure compliance with the main
contract and advised on
contractual matters.
• Conducted technical and contractual due diligence to validate
engineering change notices and requests.
Performed measurements for structural and architectural works to
prepare cost estimates for projects.
Managed and coordinated cost, availability and timely delivery of
materials and project schedules for suppliers.
Used AutoCAD and Eagle Point to amend project design changes.
Reviewed and approved invoices and payments, verifying accuracy of
expenses.
Monitored project progress to identify and address changes in project
scope or budget.
Determined budgets for prospective projects to plan for future
expenditures and utilize resources wisely.
Attended project meetings to provide updates and insights on project
costs.