Principal Contract Management Spec

McDermott International,; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading engineering firm in the United Kingdom is seeking a Contracts Manager to oversee projects worth up to $500 million. This role involves managing a team of contracts specialists and graduate trainees, ensuring contract success, and building relationships with clients. Candidates should have a bachelor’s degree and at least 7 years of experience in contracts management, particularly within the EPC/EPCI industry. Strong negotiation and communication skills are essential for success in this dynamic environment.

Qualifications

• 7 years of Contracts Management experience in EPC/EPCI industry.
• Proven track record in Energy Transition, Onshore, Offshore, or Subsea projects.
• Strong understanding of EPC/EPCI project lifecycles.

Responsibilities

• Lead project segments with contract values up to $500 million.
• Manage Graduate Trainees and Contracts Specialists.
• Develop relationships with internal functions and clients.

Skills

Contract Management

Negotiation

Communication

Detail-oriented

Team Coordination

Education

Bachelor’s degree in Engineering, Legal, Commercial, or Quantity Surveying

Tools

Contract Management Software

MS Office Suite

Job description

Job Overview

In a lead role, can lead projects or segments of projects with contract values up to $500 million under supervision of the Contracts Manager/Contracts Director. Reports to the Contracts Manager/Director. Manages Graduate Trainees Contracts Administrators and/or Contracts Specialists. Has responsibility for the Contracts Management and Claims Success of allocated Contracts at the projects level. Develops and maintains a positive relationship with internal functions and clients.

Qualifications

Essential Qualifications and Education:

• Typically requires a bachelor’s degree in a relevant discipline such as Engineering, legal, Commercial or Quantity Surveying and and 7 years of Contracts Management experience in addition to other functional experience
• Proven experience in contract management within the Engineering Procurement Construction and Installation (EPC/EPCI) industry, in the areas of Energy Transition, Onshore, or Offshore or Subsea and Floating Facilities (FPSO/FPU)
• In-depth knowledge of EPC/EPCI project lifecycles, including design, procurement, construction, and installation phases
• Is able to build rapport with and gains respect from employees with varied experience and background
• Familiarity with industry-specific terminologies, contracts, and standards
• Strong negotiation skills with a focus on achieving mutually beneficial outcomes
• Ability to analyze complex contract requirements and identify potential risks
• Excellent verbal and written communication skills, enabling effective collaboration with diverse stakeholders
• Proficient in using contract management software and MS Office Suite
• Detail-oriented with strong organizational and time management skills
• Ability to work under pressure, multitask, and meet tight deadlines

Responsibilities

Key Tasks and Responsibilities:

• Assist and ensure the preparation of Pre-Contract Award:
  • Support non legal qualifications to the Contract as part of the bid submission, alignment of terms and conditions with project documentation such as scope, execution strategy, schedule, administration, etc. and identification of any relevant lessons learned from historical projects
  • Support in PROM Activities
  • Support in Customer Contract Negotiations as required
• Assist and ensure the preparation of Post Contract Award:
  • Contract Management Set Up Schedule – 30 Days
  • Project Contract Summary
  • Internal Contracts Kick Off Meeting
  • Prime Contracts Management Plan / Commercial Management Plan / Opportunities (Project Profit Maximization Plan)
  • Project Execution Plans and Functional Procedures
  • Contract Notices and Deliverables Matrix
  • Contract and Commercial Awareness Workshop
  • Contractual Alignment
  • Contract Records Management / Documentation
  • Client Billing
  • Insurance certification
  • Letters of Credit, Bonds, Payment Guarantees, Parent Company Guarantee
  • Flow Down Provisions for Procurement and Subcontract Management
  • Monthly Review Contracts/Commercial Management Plan
  • PMR Attendance/Monthly Project Functional Meetings/ Monthly Legal Meeting
  • Contracts Awareness and Training Monthly Sessions
  • Contract Change Notices
  • Contractual Letters
  • Contract Milestones
  • Contract Schedule Changes
  • Customer Contractual Correspondence
  • Fabrication Progress Reports/Construction Progress Reports/Vessel Progress Reports
  • Project Opportunity and Risk Matrices
  • Close out of Client Billing
  • Close out of Insurance
• Coordinate:
  • Coordinate with Contracts Director / Senior Contracts Director on workloads and resources
  • Ensures Contracts & Senior Contracts Specialists coordinate appropriate activities
• Interface with all functions including but not limited to Project Management, Engineering, SCM, Fabrication, Construction, Marine Installation, Hook Up and Commissioning, Consortium or JV Partner, QHSE, Legal, Finance, Business Line Management, EXCOM, Customer / Client
• Organize and chair Commercial Management meetings and ensure sufficient challenge of growth/change opportunities with Customer for Project Management, Engineering, SCM, Fabrication, Construction, Marine Installation, Hook Up and Commissioning, Consortium or JV Partner, QHSE, Legal, Finance, Business Line Management, EXCOM, Customer / Client
• Development of Lessons Learned for bid submissions and the bid process for wider cascade to the business via the Estimating and Proposals Managers and required close out actions if any