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Fady Yakoub

Fady Yakoub

Sr. Quantity Surveyor
Downtown Dubai, دبي

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About Fady Yakoub:

  • My Expertise includes quantity surveying, commercial management and contract administration: subcontract procurement management, valuations, payment certification, managing and negotiation of Variations with clients and their representatives and settling final Accounts.
  • Review Contract/sub-contract/purchase orders conditions and become fully aware of all commercial requirements and deliverables.
  • Communicate with Client, sub-contractors, suppliers, Finance regarding all commercial issues.
  • Identify and prepare contractual/commercial deliverables; and obtain the same from back to back subcontractors/ suppliers. This includes: -
  • Contract procedures ( Invoicing, variation, etc)
  • Client Reports (Invoices and related logs, Commercial report, final account statement, etc)
  • Internal reports (Monthly financial reports, cash flow, QS report, Close out report, lessons learnt; and quality objective achievement report)
  • Issuance of Bonds and certificates (Bank guarantees; letter of credit; insurance; waivers, etc.)
  • Measurement of variations and non lumpsum works in accordance with agreed procedures and methods.
  • Attend commercial meeting & discussions with Client/sub-contractors/Vendors. Prepare minutes of meetings & commercial correspondences; Referring disputes and problematic issues to his supervisor.
  • Supervise evaluation of work executed and ensure proper invoices are prepared, submitted and approved by Client.
  • Provide assistance on the implementation of provisional/optional scope and seeking prior approval before implementation.
  • Follow up with Client Contract close out including release of completion certificate, release of retention money, release of bank guarantee and ensure that contractor’s rights are respected
  • Provide guidance on contract documentation to Project Management as requested.
  • Perform the commercial administration of the sub-contractors and purchase orders including checking and processing of payments, re-measurement, variations and application of penalties (L/Ds)
  • Prepare accurate internal monthly report; monitor project performance and advise variances.
  • Compliance with QS procedures; Company procedures; and HSE Standard.

Experience

  • My Expertise includes quantity surveying, commercial management and contract administration: subcontract procurement management, valuations, payment certification, managing and negotiation of Variations with clients and their representatives and settling final Accounts.
  • Review Contract/sub-contract/purchase orders conditions and become fully aware of all commercial requirements and deliverables.
  • Communicate with Client, sub-contractors, suppliers, Finance regarding all commercial issues.
  • Identify and prepare contractual/commercial deliverables; and obtain the same from back to back subcontractors/ suppliers. This includes: -
  • Contract procedures ( Invoicing, variation, etc)
  • Client Reports (Invoices and related logs, Commercial report, final account statement, etc)
  • Internal reports (Monthly financial reports, cash flow, QS report, Close out report, lessons learnt; and quality objective achievement report)
  • Issuance of Bonds and certificates (Bank guarantees; letter of credit; insurance; waivers, etc.)
  • Measurement of variations and non lumpsum works in accordance with agreed procedures and methods.
  • Attend commercial meeting & discussions with Client/sub-contractors/Vendors. Prepare minutes of meetings & commercial correspondences; Referring disputes and problematic issues to his supervisor.
  • Supervise evaluation of work executed and ensure proper invoices are prepared, submitted and approved by Client.
  • Provide assistance on the implementation of provisional/optional scope and seeking prior approval before implementation.
  • Follow up with Client Contract close out including release of completion certificate, release of retention money, release of bank guarantee and ensure that contractor’s rights are respected
  • Provide guidance on contract documentation to Project Management as requested.
  • Perform the commercial administration of the sub-contractors and purchase orders including checking and processing of payments, re-measurement, variations and application of penalties (L/Ds)
  • Prepare accurate internal monthly report; monitor project performance and advise variances.
  • Compliance with QS procedures; Company procedures; and HSE Standard.

Education

MSc Quantity Surveying & Commercial Management with Distinction

Grade: 72.92 %

Heriot Watt University Dubai Campus                                        January 2017 till May 2018

Engineering Science, Civil Department – Bachelor Degree;

Grade: very good; Score: 83.11% ; G.P.A: 3.56/4.00, 4th Ranking                                                                                                                           

Assiut University, Assiut, Egypt                                           September 2004 till June 2009

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