Prime Contracts Specialist

4 weeks ago

Houston, United States McDermott International, Ltd Full time

Job Description


Company Overview:


People power our future. That is why advancing a dynamic, inclusive environment, where everyone grows and thrives is critically important to us.


Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing offshore platforms hundreds of miles from shore, and using our expertise to design and build offshore wind infrastructure.


For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.


Here, what you do matters.


Job Overview:


Reporting to the Project Director or the Project Contracts Manager, the Contracts Manager will be the focal point for all contractual and commercial issues encountered during the execution phase of large-scale, complex engineering, procurement, construction, and installation (EPCI) projects.


Responsibilities for Internal Candidates


Key Tasks & Responsibilities:


  • Support the Project Director to establish or refine a project’s contractual / commercial strategy and ensure continual implementation throughout project execution.
  • Upon project award, draft baseline contract requirements and disseminate within the project team.
  • Periodically conduct contractual awareness sessions with project team members to ensure a consistent understanding of contract requirements.
  • Identify critical or sensitive contractual issues and act as a conduit for Legal support to the project when required.
  • Prior to marine and hook-up operations, hold readiness reviews with Field Engineers to ensure contractual awareness especially with respect to waiting on weather criteria and Client instructions.
  • Act as the initial point of contact with the Client for all contractual issues that arise during project execution.
  • Establish an effective working relationship with counterpart from Client team to ensure timely resolution of contractual issues.
  • Support the project team to establish the change management process, setting a culture of change identification.
  • Lead / participate in change management meetings to identify changes that may result in entitlement for compensation and / or schedule relief.
  • Together with the Project Controls Manger, evaluate cost and schedule impact of all identified changes both on an individual and cumulative basis.
  • Engage with the Client on a continual basis to discuss contractual issues including outstanding and pending change orders. Lead negotiations with Client and work towards timely resolution of change orders and contract amendments.
  • Coordinate resolution of contractual issues within the project environment to the extent possible. Brief Project Director and McDermott management on sensitive issues and support escalation of disputes when required.
  • Coordinate administration of all contractual correspondence with the Client including the timely release of notification required to ensure McDermott’s contractual rights are preserved.
  • Monitor key dates against dates defined in the main contract and any subcontracts and advise Project Controls Manager / Project Manager / Project Director of the implications of delays, if any.
  • Support preparation of project weekly and monthly progress reports for internal and external distribution as per internal and Contract requirements.
  • Contribute to project risk and opportunity management processes. Interface with Corporate Finance team to ensure contractual requirements are understood and all necessary insurances and guarantees are provided. Submit and follow-up on applications for Completion Certificates. Coordinate commercial close out of main contract including step down of bank guarantee and release of retentions. Prepare a flow down clause plan highlighting the key obligations and liabilities which are required to be passed onto subcontractors / vendors. In particular, ensure that back-to-back guarantees, warranties and insurances are obtained from subcontractors / vendors.
  • Support Supply Chain Management team to coordinate the administration of contractual correspondence with all Vendors and Subcontractors.
  • Ensure that the external changes (backcharges) are taken up with the Vendor and Subcontractors timely.


Qualifications for Internal Candidates


Essential Qualifications and Education:


  • Minimum 10+ years of project execution experience in the energy and / or construction industries (at least 5 of which will have been within a contracts or commercial management role).
  • University degree in Engineering, Construction Management, or similar.

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