Contracts Manager

Larsen & Toubro; Mumbai; On-site; INR 1,500,000 - 2,800,000; Full time

Job summary

Larsen & Toubro in Mumbai seeks a Contracts/Commercial expert to manage contracts, review tenders, assess risks, and support project teams through lifecycle events. The role involves negotiating with clients, coordinating with Legal, Finance, and Operations, and shaping back-to-back terms for subcontractors and vendors.

The incumbent will identify insurance requirements, monitor policy renewals, and provide input on tax laws, INCOTERMS, and related regulatory aspects to support successful

Responsibilities

• Adhere to established contracts management procedures.
• Review and analyse tender documents from commercial and contractual point of view (Salient conditions, list of clarifications, exceptions and deviations, risk identification and assessment).
• Prepare proposed risk mitigation plan from contractual point of view.
• Analyse delays and disruptions, identify client related reasons, and issue notifications and change orders to the client in consultation with the Project Manager.
• Support Project Manager in all contractual discussions with the client.
• Develop understanding of internal workings of owner/client’s project management and other departments (like Legal, Finance, Operations) to ensure effective discussion/resolution of contractual claims.
• Identify insurance requirements for the project, monitor renewal and closure of insurance policies.
• Provide inputs on local tax laws, IMPEX, INCOTERMS, FIDIC etc. to the Project Manager.
• Obtain validation on legal review from Legal function.
• Participate in pre-bid meetings and negotiations with client, seek commercial clarifications.
• Support project team on contract administration throughout the project lifecycle (change orders, scope extensions).
• Provide inputs to Project Manager to prioritize change orders and build basis for negotiation with the client.
• Provide inputs to enable procurement and formulate ‘back to back’ T&C for inclusion in agreements with subcontractors/vendors.

Job description

• Ensure adherence to established contracts management procedures.
• Review and analyse tender documents from commercial and contractual point of view (Salient conditions, list of clarifications, exceptions and deviations, risk identification and assessment).
• Prepare proposed risk mitigation plan from contractual point of view.
• Analyse reasons for delays and disruptions, identify client related reasons and issue notification and change orders to the client in consultation with the Project Manager.
• Support Project Manager in all contractual discussions with the client.
• Develop understanding of internal working of owner/ client’s project management and other departments (like Legal, Finance, Operations) to ensure effective discussion/ resolution of contractual claims.
• Identify insurance requirements for the project, monitor renewal and closure of insurance policies.
• Provide inputs on local tax laws, IMPEX, INCOTERMS, FIDIC etc. to the Project Manager.
• Obtain validation on legal review from Legal function.
• Participate in pre-bid meetings and negotiations with client, seek commercial clarifications.
• Support project team on contract administration throughout the project lifecycle (change orders, scope extensions).
• Provide inputs to Project Manager to prioritize change orders and build basis for negotiation with the client.
• Provide inputs to enable procurement and formulate ‘back to back’ T&C for inclusion in agreements with subcontractors/ vendors.