Lead Cost Engineer
Bechtel
Total years of experience :22 years, 9 Months
Being a part of Bechtel’s team performing EPM activities for NEOM Rails projects, my main responsibilities are:
Supervises cost estimating, analysis, control and reporting activities.
Participate in developing programs for local fresh graduate staff (Saudization).
Assists in supervision of project controls staff.
Prepare and issue various project controls reports i.e. weekly flash card, monthly accruals report, monthly cost report, monthly dashboard, any other non-periodical reports that might be requested by management.
Evaluate Contractors variation proposals, prepare counter estimates and participate in final negotiations.
Identifies cost trends and prepare their cost estimate for management attention.
Participate in reviewing contractors’ invoices.
Participate in establishing pricing structures for new tenders.
Report on a regular basis to management and liaise with other disciplines in the project team and the owner’s organization.
As part of the PMT for $ 7.5 BUSD green field Crude to Petrochemicals Project, I am responsible for all Contracts preparation & administration activities as well as Cost Engineering activities.
Participate in:
Pre-award Phase:
Participate in drafting Contracts’ Ts & Cs as part of Request for Quotation (RFQ) packages for all company contracts technology licenses, FEED, EPC, manpower supply, administrative contracts …. etc.
Participate in preparation of evaluation criteria.
Participate in bid clarifications and contract negotiations process.
Participate in commercial evaluations process.
Post-award Phase:
Lead and manage contracts administration activities.
Maintain correspondences log and ensuring with the project team that all correspondences are replied.
In cooperation with technical teams, prepare draft contractual letters and correspondences.
Follow up project time schedule and execution plan.
Lead and manage cost control and reporting activities.
Prepare detailed project budget and communicate with project team and finance team as well as company top management.
Analyze and negotiate with technical teams and contractors all proposed change orders and claims.
Prepare cash flow curves using cash and accruals basis.
Prepare and monitor registers for change orders, change trends, invoices status.
Review and approve contractors claims and invoices.
Prepare and issue monthly Contracts and cost report.
General:
Leading contracts and cost team including legal advisors, consultants, PMC and company team.
Support and advice projects team in all contracts related issues.
Participate in project and company follow up regular and ad hoc meetings.
Participate in project finance activities in relation to project financial model, satisfying and negotiations with lender and Exims.
Participate in all communications with partner’s legal advisors.
As part of the PMT for Zohr Development Project, I am responsible for the contracts’ administration and cost control activities for SPS & SURF Contracts with BHGE & SAIPEM & AKER. My day to day activities includes the followings:
• Review contractors’ proforma invoice from the cost and contractors point of view.
• Prepare overall cost report showing VOWD for different contracts.
• Participate in negotiating contractors VOPs.
• Follow up project team members to prepare a composite reply to all contractor’s correspondences i.e. letters, variation …etc.
• Provide proactive Contractual and Commercial advice for the project team members.
• General contract management & administration activities.
• Communicate with company procurement and finance teams to get the required internal approvals on invoices and VOPs.
Perform cost control activities for various green field and brown field projects.
Participate in projects EPC cost estimate.
Arrange with clients their financial needs.
Prepare tender documents to be submitted to different financing institutes (to finance our clients)
Evaluate financing offers from technical and commercial aspects.
Follow-up and coordinate between lenders and clients till reach financial close.
Participate in issuing monthly and quarter reports (as EPC contractor) to clients and lenders to ensure that project activities are performed in accordance with the agreed mandate.
As Complex Contracts & Cost Manager my duties were as follows:
Prepare cost estimate for Ethydco’s petrochemicals complex (approx. USD 2 Billions)
Participate with lenders in preparation of Bankable Feasibility Study (financial model) to facilitate a loan of USD 1.25 Billions
Participate in negotiating “Term Sheet” and “Facility Agreement” terms and conditions with lenders (commercial banks, ECAs …etc.)
Participate in preparation of Tender Documents for all complex projects.
Participate in technical and commercial evaluation of bidder’s offers.
Participate in contract negotiation with successful bidders.
Prepare company Cost Control Scope and Procedures
Prepare control budget for each project as well as overall complex control budget.
Review and negotiate change orders & claims with contractors and sister companies.
Review and approve contractor’s invoices.
Participate in communications with Lenders Technical Consultant (NEXANT)
Issue monthly internal / external cost reports for each project using cash and earned value calculations.
Issue compiled complex internal / external cost reports.
Supervise and coaching cost engineering team.
Participate with the finance department in preparing company annual budget.
Cost control activities for the construction of ECHEM new main building and compound (approx. USD 200 MM)
Participate in cost estimates for upcoming petrochemical projects
Participate in projects feasibility studies
Participate in technical and commercial evaluation of bidders for new projects
Prepare and update cost database based on company’s previous experience
Conduct cost control courses for newcomers
Contract administration and change orders:
Trace and evaluate deviations or potential deviations in scope of work against the signed contract.
Prepare and issue change proposals (including description, reasons, supporting documents and cost estimate for the subject change).
Participate in technical and commercial negotiations with client for the subjected change proposal.
Evaluate the claims submitted by the client and advise accordingly.
Cost Control / Estimating:
Provide cost engineering services for project team from other disciplines.
Develop cost control system tailored to the project scope and to client needs covering all project activities i.e. engineering, procurement and construction.
Develop project budget and expected cash flow.
Record Project Progress, commitments and expenditures.
Revise Project Budget according to the approved changes.
Prepare and update Cost Reports on regular basis, reflecting cost status of the project.
Carry out Cost Studies to support the project team decisions in technical and contractual matters.
Review and approve subcontractors and suppliers offers and invoices.
Build and update structured cost database for estimation and cost control purposes.
Provide Cost Estimates for various types of Oil & Gas and Petrochemical projects.
Provide feasibility studies for alternative projects.
Prepare Monthly Cost report covering EPC scope of work.
Supervise cost control team.
- Preparation of Time Schedules using Primavera or Ms Project.
- Preparation of Cost Estimates for different types of projects i.e. (Steel structures, Storage tanks, Pressure vessels, Piping works and Mechanical erection.)
- Preparation of Risk Analysis calculations and Cash flow.
- Contract review with the client.
- Preparation of Budget.
- Following up with Project leader to insure execution of project activities within the estimated budget and technical specifications.
- Design of different types of Steel products i.e. (Detail design of Storage tanks according to API 650, Preliminary design of Steel pressure vessels according to ASME Sec VIII. and Preliminary design of Steel Structures according to the Egyptian Code of Practice.)
Responsible for:
- Structural analysis of reinforced concrete and steel structures buildings.
- Complete design and detail drawings.
- Following up site activities.
"DUTFA" Diploma in French-Arabic-French translation – 1st Level. University of Lyon II, France – CFCC, Egypt. (2005). "DELF" Diplôme d'études en langue française. DELF 1ere degré and DELF 2e degré (March 2005)