Senior Contract Administrator
2 weeks ago
The Contracts Manager oversees end-to-end administration and execution of construction and related third-party services for the client's project. With sourcing largely complete, the emphasis is on construction-phase commercial delivery, with a primary focus on Time & Material (T&M) contracting. This includes establishing and enforcing rate schedules and allowances, validating timekeeping and field tickets, managing change orders and extra work authorizations, reconciling progress and invoices, and resolving commercial issues and claims.
Key Responsibilities
Strategic & Technical Expertise
- Manage T&M contracts with a strong emphasis on cost control and transparency.
- Lead the conversion of mixed compensation contracts (e.g., T&M to lump sum), including structured approaches for mid-project transitions.
- Identify and proactively mitigate key risks in T&M contracts.
Contract Administration & Claims Management
- Oversee large-scale contract claims and closeout processes, including experience with multi-billion-dollar projects.
- Prevent claims and detect early disputes in T&M environments using defined metrics and indicators.
- Ensure contractor compliance with owner requirements and contractual obligations.
Financial Oversight & Value Creation
- Drive value creation and profitability in T&M contracts, delivering significant cost savings.
- Validate and reconcile labor hours, material costs, and equipment usage to prevent overbilling and cost escalation.
Stakeholder Engagement & Negotiation
- Collaborate with legal, senior leadership, and vendors to manage expectations in dynamic T&M contract settings.
- Apply advanced negotiation techniques (e.g., Karrass Advanced Negotiations) for setting markups and fee structures.
Systems & Tools
- Utilize contract lifecycle management systems (e.g., SAP, Procore) for reporting and oversight in T&M projects.
- Leverage AI or digital platforms to enhance productivity and efficiency in contract management.
Qualifications
Required:
- 15+ years of experience in Contracts and SCM
- Demonstrated experience managing T&M contracts in construction environments.
- Proven ability to lead contract conversions and manage claims at scale.
- Strong financial acumen and analytical skills.
- Advanced negotiation and stakeholder management capabilities.
- Proficiency with contract management systems and digital tools.
- Strong experience with T&M contracts with ability to manage change, and solid understanding of LEM
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