Contracts Manager (WET IC)

Larsen & ToubroSaudi Arabia

1 day ago

Job description

Review of contracts, cooperation agreements, term sheets, partnership agreements (consortiums, JVs), exclusivity agreements, MOUs, and NDAs from the clients and partners.

Provide summaries on major provisions in the contracts.

Identify risks and opportunities in contracts & agreements.

Mitigate contractual risks by drafting corresponding qualifications.

Negotiate and conclude qualifications and deviations with the clients and stakeholders.

Drafting particular terms and conditions specific to each Project which include flow down provisions from prime contract and agreed deviations with subcontractors and suppliers.

Review and prepare agreements such as NDAs, MOUs, and pre-tender agreements with subcontractors and suppliers.

Assist in the reviewing & negotiating of deviations raised by the bidders on subcontracts and purchase agreements.

Assist the project management teams on contractual matters, preparation, reviewing and resolution of claims and disputes.

Liaise with the legal department to obtain legal opinions, reviews, power of attorneys, parent company guarantees, code of conduct and other corporate legal documents.

Liaise with the finance department on finalizing contracts’ structures, letters of credits, bank guarantees, parent company guarantees, etc.

Liaise with the insurance department on establishing and maintaining insurance policies in accordance with the respective contracts.

Assist the legal department on the ongoing cases.

Hands on skills in using latest MS office (Word, Excel & PowerPoint) and Adobe Acrobat.

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Contract Manager • Saudi Arabia

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