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About the Role

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, reporting to the Project Contracts Manager.

Responsibilities

Assist and ensure the preparation of Pre-Contract Award activities, including support for non-legal qualifications, alignment of terms and conditions, and identification of lessons learned.
Support PROM Activities and Customer Contract Negotiations as required.
Assist and ensure the preparation of Post Contract Award activities, including contract management setup, project contract summaries, kick-off meetings, and management plans.
Manage contract setup, including schedule, summary, kick-off meetings, and management plans.
Oversee prime contracts, commercial management, and opportunities for project profit maximization.
Develop project execution plans and functional procedures.
Manage contract notices, deliverables matrix, and awareness workshops.
Ensure contractual alignment and manage contract records and documentation.
Handle client billing, insurance certification, letters of credit, bonds, payment guarantees, and parent company guarantees.
Manage flow-down provisions for procurement and subcontract management.
Conduct monthly reviews of contracts and commercial management plans.
Attend PMR, monthly project functional meetings, and monthly legal meetings.
Conduct monthly contract awareness and training sessions.
Manage contract change notices, contractual letters, contract milestones, and contract schedule changes.
Handle customer contractual correspondence.
Prepare fabrication progress reports, construction progress reports, and vessel progress reports.
Maintain project opportunity and risk matrices.
Oversee the close-out of client billing and insurance.
Coordinate with Contracts Director/Senior Contracts Director on workloads and resources.
Ensure Contracts & Senior Contracts Specialists coordinate appropriate activities.
Interface with all functions including Project Management, Engineering, SCM, Fabrication, Construction, Marine Installation, Hook Up and Commissioning, Consortium or JV Partner, QHSE, Legal, Finance, Business Line Management, EXCOM, and Customer/Client.
Organize and chair Commercial Management meetings, ensuring challenge of growth/change opportunities.
Develop Lessons Learned for bid submissions and the bid process for wider cascade to the business.
Support the Project Contracts Manager in implementing the project’s contractual/commercial strategy throughout project execution.
Assist the Project Contracts Manager in disseminating contract requirements within the project team upon project award.
Assist the Project Contracts Manager in identifying critical or sensitive contractual issues.
Assist the Project Contracts Manager in developing an effective working relationship with the Client team for timely resolution of contractual issues.
Support the project team in establishing the change management process and fostering a culture of change identification.
Lead or participate in change management meetings to identify changes for compensation and/or schedule relief.
Assist the Project Contracts Manager with Client negotiations and timely resolution of change orders and contract amendments.
Assist in the administration of all contractual correspondence with the Client, ensuring McDermott’s contractual rights are preserved.
Support the preparation of project weekly and monthly progress reports for internal and external distribution.
Support the project risk and opportunity management processes.

Requirements

Minimum 7+ years of project execution experience in the energy and/or construction industries.
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.
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.

Skills

Contract Management
Negotiation
Risk Analysis
Communication
Organizational Skills
Time Management
Contract Management Software
MS Office Suite

Experience Level

7+ years

Education Level

University degree in Law, Engineering, Construction Management, or similar is preferred
Bachelor’s degree in a relevant discipline such as Engineering, legal, Commercial or Quantity Surveying

About the Company

Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing platforms hundreds of miles from shore, using our expertise to design and build offshore wind infrastructure, and reshaping the onshore landscape to deliver the energy products the world needs safely and sustainably.
For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.