The Commercial and Contracts Manager is responsible for managing the financial and contractual aspects of construction projects.
This role involves preparing and managing contracts, overseeing cost estimation and control, and ensuring that all project activities comply with contractual obligations.
The Commercial and Contracts Manager works closely with project teams, vendors, subcontractors, and other stakeholders to ensure that all commercial and contractual requirements are met.
Oversee and manage all commercial and contractual aspects of construction projects, including cost management, contract negotiation, and ensuring compliance with contractual terms and conditions.
Job Description & Responsibilities:
Quantity Surveying: Review quantity surveys, analyze quantities reported in invoices, claims, and variation orders. Ensure that all quantities are accurate and in line with project specifications.
Cost Management: Prepare and manage project budgets, track expenditures, and perform cost analyses. Prepare cost estimates for project materials, labor, and equipment, and track and analyze project expenditures against budgets.
Contract Preparation: Prepare and manage construction contracts, including the preparation of bills of quantities for tendering purposes. Ensure that all contracts are properly drafted, reviewed, and administered.
Contract Negotiation: Lead the negotiation of contracts with vendors, subcontractors, and suppliers. Ensure that all terms and conditions are favorable to the project and that risks are minimized.
Change Order Management: Manage the change order process, ensuring that all changes are properly documented, reviewed, and approved. Prepare cost forecasts and reports related to changes and variations.
Contract Compliance: Ensure compliance with contractual terms and conditions, including monitoring project progress against contract requirements. Resolve any contractual disputes or claims that arise during the project.
Reporting: Provide regular reports on commercial and contractual activities, including cost performance, contract status, and risk management. Ensure that all reports are accurate and provide actionable insights.
Vendor and Subcontractor Management: Manage relationships with vendors, subcontractors, and other stakeholders. Ensure that all parties are meeting their contractual obligations and that any issues are resolved promptly.
Tendering Support: Support the tendering manager in the preparation of tendering documents and the bidding and selection process. Ensure that all commercial aspects of the tendering process are properly managed.
Continuous Improvement: Identify opportunities to improve commercial and contractual processes. Implement best practices and innovations to enhance the efficiency and effectiveness of these functions.
Qualifications & Experience:
Bachelor's degree in Quantity Surveying, Construction Management, Engineering, or a related field.
Minimum of 10+ years of experience in commercial and contract management or a related role within construction or project management environments.
Experience in cost estimation, quantity surveying, and contract management within the construction industry.
Professional Quantity Surveyor (PQS) certification or equivalent is preferred.
FIDIC Certification or equivalent in contract management is a plus.
Proficiency in cost estimation and contract management software.
Advanced knowledge of MS Office Suite (Excel, Word, PowerPoint).
Familiarity with project control tools and software.
Strong knowledge of contract law, contract administration, and commercial management principles.
Excellent negotiation, communication, and problem-solving skills.