Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among world’s top five construction companies.
The L&T Group comprises of 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 jointly held operations, operating across basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services.
L&T’s Hydrocarbon business caters to the entire hydrocarbon value chain covering oil & gas processing, petroleum refining, chemicals & petrochemicals, and fertilizer sectors.
Scope of Work:
PRIMARY
Ensure adherence to established contracts management procedures Review and analyse tender documents from commercial and contractual point of view (Salient conditions, list of clarifications, exceptions and deviations, risk identification and assessment) Prepare proposed risk mitigation plan from contractual point of view Analyse reasons for delays and disruptions, identify client related reasons and issue notification and change orders to the client in consultation with the Project manager Change Order & Extension of Claim Client Correspondence Management
FUNCTIONALLY
Support Project Manager in all contractual discussions with the client
Develop understanding of internal working of owner/ client’s project management and other departments (like Legal, Finance, Operations) to ensure effective discussion/ resolution of contractual claims Identify insurance requirements for the project, monitor renewal and closure of insurance policies Provide inputs on local tax laws, IMPEX, INCOTERMS, FEDIC etc. to the Project Manager Obtain validation on legal review from Legal function Participate in pre-bid meetings and negotiations with client, seek commercial clarifications Support project team on contract administration throughout the project lifecycle (change orders, scope extensions) Provide inputs to project manager to prioritize change orders and build basis for negotiation with the client Provide inputs to enable procurement and construction, formulate ‘back to back’ T&C for inclusion in agreements with subcontractors/ vendors
KEY COMPETENCIES
BEHAVIORAL
Excellent Communication skills, Negotiation Skills, Assertiveness, etc.
TECHNICAL
Drafting of Agreements / Contract. Good working knowledge of Indirect Taxation. Handled Insurance Claims. Experience on Claims Management.
EDUCATIONAL QUALIFICATION: Any Engineering Graduate
Experience: Minimum 16 Years to 22 Years
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