Contract Specialist

1 week ago

Singapore Agile HRO Full time

Contracts and commercial personnel perform a key role in the Project Team. They bring together contractual, commercial, and technical knowledge in order to provide contractual and commercial guidance to the project team and the wider organisation.

**Legal and Contractual Knowledge**
- Understand the basics of the legal system with a focus on common law jurisdictions - How laws are made, and rights enforced
- Understand the law of tort and civil wrongs and the impact on contractual relationships
- Have detailed knowledge and understanding of contract law
- Have a deep understanding of construction law - Allocation of risk between the Parties - Obligations of the Parties - Quality of the work - Time for completion - Delay - Extensions of time - Changes and Variations - Contractual basis - Methods of evaluating quantum - Dispute resolution
- Bank guarantees and performance bonds
- Charter parties

**Commercial Knowledge**
- Contracting strategy - Types of contract and the associated risk allocation - Evaluation and assessment of the most appropriate form of contracting for a given situation - How developed is the scope of work - time and cost constraints
- Methods of reimbursement - Lump sum, measured work, reimbursable, hybrid
- The tendering process - Preparing Invitation to Tender documentation, liaising with and understanding the contract user or owner’s needs, Tender evaluation - Technical, commercial and risk assessment, preparation of recommendations to award
- Contracts and commercial management experience with a focus on contract changes/variations and claims

**Project Execution Knowledge**
- Understand how a project team is organised and the inter relationship between the various project functions and with corporate legal, insurance and finance groups
- Technical Knowledge
- Oil and Gas industry
- Engineering, procurement, fabrication, offshore construction and installation and commissioning
- Planning and scheduling

**Requirements**:
**Personal Attributes and Qualities**
- Attention to detail
- Assertiveness and tenacity
- A willingness to pose challenging questions
- Creativity and the desire to find solutions to problems and ways around hurdles
- An ability to focus on the main goal
- Be articulate and numerate
- Be curious with a desire for constant learning
- Be comfortable with and able to provide clear and concise contractual and commercial advice and guidance

**Experience**
- For junior roles three to five years of experience in similar roles.
- For senior roles ten years plus experience in similar roles.
- A preference for upstream oil and gas experience working for owner and contractor organisations in a project delivery environment.
- Construction contracts experience
- Contracts drafting and negotiation experience
- An understanding of technical, commercial, contractual and execution risk in a construction contracts environment and the interrelationships and trade-offs between each of these aspects.
- Management of the tendering process
- Contracts and commercial management - Contract changes/variations and claims management - Ability to close out contracts and subcontracts pragmatically
- Subcontractor and vendor management
- An understanding of dispute avoidance and resolution

**Academic Qualifications**
- Bachelor’s degree in a relevant area such as: Law or quantity surveying
- Should have studied law and contract law as part of academic studies
- Dual qualified personnel will be especially valued

**Professional Membership**
- MRICS
- MCIArb
- SCL

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