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Contracts Administrator

1.00 to 10.00 Years   Al Khalidiyah, Jeddah , Saudi Arabia   06 Dec, 2022
Job LocationAl Khalidiyah, Jeddah , Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryConstruction & Building
Functional AreaNot Mentioned

Job Description

Summary:A Contract Administrator manages and reviews business contracts for financial agreements like company purchases, construction agreements, rental agreements, new hire contracts, and business proposals. Their duties include negotiating contract terms and conditions with each party, analyzing potential risks involved with certain contractual agreements, and helping employees and leaders better understand the information outlined in the contracts.Contract Administrator Main Duties and responsibilities:Contractual Application from pre-commencement till handover of the projectEnsuring that the contract information is accurateDocumenting and reviewing contract terms and conditionsTake sufficient steps to minimize project risksLiaise with and support the Project Manager to ensure the project is executed safely and properlyEnsure compliance with the company?s workplace health and safety policies, standards, and proceduresPrepare monthly project reports and make presentations at meetingsSupport negotiations of claims, manage contractual changes, and resolve disputes or conflict resolution with ContractorsReview client correspondences and prepare appropriate responses/lettersContractual Notifications for all events e.g. Delays, Completion, Handing over, Critical path, Extension of Times, Claims, etc.Can prepare a Settlement Agreement with relevant Contract Clauses to settle the claims with partiesCan Prepare Addendums and amendments to the contractsProject Completion avoiding LD(s)Assess and prepare claims from suppliersEnsure project members use the contract correctlySmooth Project Close-outsContract Administrator understanding and commandBill of QuantitiesAll Records (Correspondences, insurance, Letter of intent ?LOI?. Invoices, schedule/programme)Contractual Correspondences and/or lettersDesign and Specification ChronologyHealth and Safety PlansWarranties and/or guaranteesInsurances (Project indemnity, Workmanship, Plant & Equipment)Sub-cons employed and works carried outMeetings (Kick-offs, weekly, monthly progress, contractual & actual analogy meetings, dispute resolution)Reports and observationsInterim valuation of the worksContract instruction and/or variation/change ordersExtension of TimeCertificatedoCompletionoPractical completionoSectional completionoPartial PossessionoRevision to date of completion (EOT)Closeout bill of quantitiesAs build DocumentsoDrawingsoInspectionsoSchedule / ProgramoSnag list CompletionLoss and expenseAdjusted Contract Sum ?ACS? and Final Account

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