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    Associate Contract Management Specialist - Dubai, United Arab Emirates - McDermott International, Ltd

    McDermott International, Ltd
    McDermott International, Ltd Dubai, United Arab Emirates

    3 hours ago

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    Description
    • Assist project teams in the execution of the contracts as per the company policy and applicable regulations.
    • Support and manage all activities related to the internal administration of the contracts.
    • Monitoring of contractual correspondence including preparation of letters and contractual notices in accordance with requirements of the prime contract
    • Manage and maintain effective and accurate records of all project contractual and commercial documentation;
    • Assist with internal reporting of all commercial and contractual issues;
    • Provide support in dealing with the contractual and commercial issues to Projects mainly on prime contracts but may also extend to subcontracts, if necessary.
    • Engage in meetings and correspondence with the internal stakeholder, the client, subcontractors, and other third party.
    • Support preparation of technical and commercial aspects of change order proposals, inclusive of packaging final submissions to Client
    • Comprehend, analyze and interpret terms and conditions of contract/subcontract and articulates contract/subcontract obligations to other stakeholders;
    • Administer contract close out requirements
    • Interface with key corporate support functions to ensure timely release of performance guarantees including retention
    • Assist in the negotiation of the contract terms and incorporating it to the contract agreement.
    • Review and analyse contracts ensuring its compliance with the company policy and procedures.
    • Assists in the development of procedures, guidelines and standard contract terms.
    • Assist in project monitoring and project benchmarking.
    • Maintain and oversee contract database.
    • Collaborate with the legal team.
    • Participation in financial/contractual audits.
    • Undertakes ad-hoc contractual and commercial assignments and initiatives.
    • Other task as directed by the District Contracts Manager
    • Typically 2-3+ years of relevant EPC experience in the Construction Industry
    • Degree in Engineering or Quantity Surveying
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