Contract Specialist

Position Overview:We are seeking a skilled and experienced Contracts Specialist with a strong background in FPSO (Floating Production Storage and Offloading) projects. The ideal candidate will be responsible for managing the entire contract lifecycle, including pre-award, award, and post-award activities. This role requires expertise in negotiating, drafting, and administering contracts, ensuring compliance with legal and industry standards, and mitigating risks across high-value offshore projects.

Key Responsibilities:

1. Contract Management:

   • Draft, review, negotiate, and administer contracts, including EPCIC (Engineering, Procurement, Construction, Installation, and Commissioning) contracts, subcontracts, and supplier agreements.
   • Ensure contracts comply with applicable laws, regulations, and company policies.
   • Monitor contract performance to ensure obligations are met and risks are mitigated.

2. Negotiations:

   • Lead contract negotiations with clients, subcontractors, and suppliers to secure favorable terms and conditions.
   • Resolve disputes and claims effectively while maintaining strong stakeholder relationships.

3. Risk Management:

   • Identify, analyze, and mitigate contractual risks during the project lifecycle.
   • Work closely with the legal and project management teams to address potential liabilities and implement solutions.

4. Post-Award Administration:

   • Manage variation orders, change requests, and extensions of time.
   • Oversee claims preparation, defense, and resolution processes.
   • Ensure accurate documentation and compliance with contract deliverables and milestones.

5. Collaboration & Coordination:

   • Coordinate with internal departments, including legal, procurement, finance, and project management teams, to ensure seamless execution of contractual obligations.
   • Provide guidance to project teams on contract terms, obligations, and risk exposure.

6. Reporting:

   • Prepare and maintain contract summaries, trackers, and reports for management review.
   • Track key performance indicators (KPIs) related to contract management and compliance.