Job Overview:
Reporting to the Project Contracts Manager, the Principal Contracts Specialist will assist in addressing all contractual and commercial issues encountered during the execution phase of large-scale, complex engineering, procurement, construction, and installation (EPCI) projects.
ResponsibilitiesKey Tasks and Responsibilities:
Support the Project Contracts Manager in the implementation of a project’s contractual / commercial strategy throughout project execution
Upon project award, assist the Project Contracts Manager in disseminating contract requirements within the project team
Assist Project Contracts Manager in identifying critical or sensitive contractual issues
Assist the Project Contracts Manager in developing an effective working relationship with Client team to ensure timely resolution of contractual issues
Support the project team to establish the change management process, setting a culture of change identification
Lead / participate in change management meetings to identify changes that may result in entitlement for compensation and / or schedule relief
Assist Project Contracts Manager with Client negotiations and working towards the timely resolution of change orders and contract amendments
Assist in the administration of all contractual correspondence with the Client including the timely release of notification required to ensure McDermott’s contractual rights are preserved
Support preparation of project weekly and monthly progress reports for internal and external distribution as per internal and Contract requirements
Support the project risk and opportunity management processes
Essential Qualifications and Education:
- Minimum 7+ years of project execution experience in the energy and / or construction industries. University degree in Law, Engineering, Construction Management, or similar is preferred
- Typically requires a bachelor’s degree in a relevant discipline such as Engineering, legal, Commercial or Quantity Surveying and and 7 years of Contracts Management experience in addition to other functional experience
- Proven experience in contract management within the Engineering Procurement Construction and Installation (EPC/EPCI) industry, in the areas of Energy Transition, Onshore, or Offshore or Subsea and Floating Facilities (FPSO/FPU)
- In-depth knowledge of EPC/EPCI project lifecycles, including design, procurement, construction, and installation phases
- Is able to build rapport with and gains respect from employees with varied experience and background
- Familiarity with industry-specific terminologies, contracts, and standards
- Strong negotiation skills with a focus on achieving mutually beneficial outcomes
- Ability to analyze complex contract requirements and identify potential risks
- Excellent verbal and written communication skills, enabling effective collaboration with diverse stakeholders
- Proficient in using contract management software and MS Office Suite
- Detail-oriented with strong organizational and time management skills
- Ability to work under pressure, multitask, and meet tight deadlines
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McDermott International London, England Office
London, United Kingdom
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