Principal Contract Management Spec at McDermott in London GB | Chiswick, London, United Kingdom | Kablio

Role

Description

contract management

client billing

commercial meetings

lessons learned

progress reporting

contract negotiation

Organize and chair Commercial Management meetings and ensure sufficient challenge of growth/change opportunities with Customer for Project Management, Engineering, SCM, Fabrication, Construction, Marine Installation, Hook Up and Commissioning, Consortium or JV Partner, QHSE, Legal, Finance, Business Line Management, EXCOM, Customer / Client
Development of Lessons Learned for bid submissions and the bid process for wider cascade to the business via the Estimating and Proposals Managers and required close out actions if any
PMR Attendance/Monthly Project Functional Meetings/ Monthly Legal Meeting
Close out of Client Billing
Interface with all functions including but not limited to Project Management, Engineering, SCM, Fabrication, Construction, Marine Installation, Hook Up and Commissioning, Consortium or JV Partner, QHSE, Legal, Finance, Business Line Management, EXCOM, Customer / Client
Coordinate: Coordinate with Contracts Director / Senior Contracts Director on workloads and resourcesEnsures Contracts & Senior Contracts Specialists coordinate appropriate activities
Assist and ensure the preparation of Pre-Contract Award:Support non legal qualifications to the Contract as part of the bid submission, alignment of terms and conditions with project documentation such as scope, execution strategy, schedule, administration, etc. and identification of any relevant lessons learned from historical projectsSupport in PROM ActivitiesSupport in Customer Contract Negotiations as required
Support in Customer Contract Negotiations as required
Monthly Review Contracts/Commercial Management Plan
Ensures Contracts & Senior Contracts Specialists coordinate appropriate activities
Contract Management Set Up Schedule – 30 Days
Assist and ensure the preparation of Post Contract Award:Contract Management Set Up Schedule – 30 DaysProject Contract SummaryInternal Contracts Kick Off MeetingPrime Contracts Management Plan / Commercial Management Plan / Opportunities (Project Profit Maximization Plan)Project Execution Plans and Functional ProceduresContract Notices and Deliverables MatrixContract and Commercial Awareness WorkshopContractual AlignmentContract Records Management / DocumentationClient BillingInsurance certificationLetters of Credit, Bonds, Payment Guarantees, Parent Company GuaranteeFlow Down Provisions for Procurement and Subcontract ManagementMonthly Review Contracts/Commercial Management PlanPMR Attendance/Monthly Project Functional Meetings/ Monthly Legal MeetingContracts Awareness and Training Monthly SessionsContract Change NoticesContractual LettersContract MilestonesContract Schedule ChangesCustomer Contractual CorrespondenceFabrication Progress Reports/Construction Progress Reports/Vessel Progress ReportsProject Opportunity and Risk MatricesClose out of Client BillingClose out of Insurance
Support non legal qualifications to the Contract as part of the bid submission, alignment of terms and conditions with project documentation such as scope, execution strategy, schedule, administration, etc. and identification of any relevant lessons learned from historical projects
Flow Down Provisions for Procurement and Subcontract Management
Coordinate with Contracts Director / Senior Contracts Director on workloads and resources
Support in PROM Activities

Requirements

epc/epci

contract software

ms office

bachelor's

7+ years

negotiation

Is able to build rapport with and gains respect from employees with varied experience and background
Ability to work under pressure, multitask, and meet tight deadlines
Familiarity with industry-specific terminologies, contracts, and standards
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)
Contract Notices and Deliverables Matrix
Insurance certification
Strong negotiation skills with a focus on achieving mutually beneficial outcomes
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
In-depth knowledge of EPC/EPCI project lifecycles, including design, procurement, construction, and installation phases
Detail-oriented with strong organizational and time management skills
Excellent verbal and written communication skills, enabling effective collaboration with diverse stakeholders
Ability to analyze complex contract requirements and identify potential risks
Proficient in using contract management software and MS Office Suite

Benefits

Close out of Insurance
Prime Contracts Management Plan / Commercial Management Plan / Opportunities (Project Profit Maximization Plan)
Contract and Commercial Awareness Workshop
Letters of Credit, Bonds, Payment Guarantees, Parent Company Guarantee

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Founded 1923

Year Established

The company was established in 1923, marking the beginning of its journey in the energy sector.

30,000 Employees

Workforce Size

Employing over 30,000 people, the company has a significant global presence.

54 Countries

Global Presence

The company operates in over 54 countries, showcasing its extensive international reach.

1930s Innovation

Technological Advancements

Pioneered the use of floating drilling equipment, setting a precedent for future innovations.

Provides a comprehensive range of services including engineering, procurement, construction, and installation (EPCI) for both offshore and onshore projects.
Expertise encompasses the delivery of fixed, floating, and subsea production facilities, pipelines, and storage systems, from concept to commissioning.
Known for diverse product lines and innovative solutions across the oil and gas sector, including offshore and subsea production, onshore construction, engineering, and storage.
Developed the first steel template platform in the Gulf of Mexico in the 1940s, expanding its capabilities through strategic acquisitions and technological advancements.

Culture + Values

emphasizes a culture deeply rooted in core values: integrity, teamwork, commitment, well-being, and a drive to go beyond expectations
fosters a collaborative environment where employees are encouraged to work as part of a cohesive team, regardless of their location or function, under the guiding principle of "The One McDermott Way"
approach ensures all employees contribute to delivering innovative and complete solutions to complex engineering challenges, thereby enabling customers to maximize the potential of natural resources

Environment + Sustainability

Their strategy focuses on enhancing operational efficiencies through the expanded adoption of renewable energy, including onsite solar power generation and the use of digital technologies.
McDermott has made significant strides in low-carbon projects, particularly in offshore wind generation and liquefied natural gas (LNG) production, aiming to scale up production while minimizing environmental impact.
The company has also partnered with various organizations to explore low-carbon pathways, such as hydrogen production and carbon capture utilization and storage.
In addition to these initiatives, McDermott's sustainability efforts include industry-leading safety performance and local content programs that have positively impacted host countries, receiving national recognition in Uganda.
The company's sustainability report is prepared in accordance with international frameworks and best practices, including the Global Reporting Initiative Standards and the United Nations Sustainable Development Goals, demonstrating their commitment to transparency and accountability in their environmental and sustainability practices.

Inclusion & Diversity

46.2% Leadership Diverse

Diverse Leadership Percentage

The firm reports that 46.2% of their leadership is diverse.

McDermott's inclusion and diversity strategy is integral to its organizational framework, emphasizing the importance of diverse perspectives and experiences in driving success. The firm actively promotes initiatives fostering an inclusive workplace through a JDEI Committee working at the highest levels of management to ensure equitable access to client development and career advancement.
They have developed educational programming and best practices to create a culture of belonging. Their diversity strategy is structured around subcommittees focusing on race, ethnicity, gender, and LGBTQ+ inclusion.
McDermott hosts networking opportunities for women and sponsors events like the Women in FinTech series and She Loves Tech conference, reflecting their commitment to inclusion and employee satisfaction.

Articles

2023 Sustainability Report

A-Z Markets served

Life at McDermott

Role

Description

contract management

client billing

commercial meetings

lessons learned

progress reporting

contract negotiation

Organize and chair Commercial Management meetings and ensure sufficient challenge of growth/change opportunities with Customer for Project Management, Engineering, SCM, Fabrication, Construction, Marine Installation, Hook Up and Commissioning, Consortium or JV Partner, QHSE, Legal, Finance, Business Line Management, EXCOM, Customer / Client
Development of Lessons Learned for bid submissions and the bid process for wider cascade to the business via the Estimating and Proposals Managers and required close out actions if any
PMR Attendance/Monthly Project Functional Meetings/ Monthly Legal Meeting
Close out of Client Billing
Interface with all functions including but not limited to Project Management, Engineering, SCM, Fabrication, Construction, Marine Installation, Hook Up and Commissioning, Consortium or JV Partner, QHSE, Legal, Finance, Business Line Management, EXCOM, Customer / Client
Coordinate: Coordinate with Contracts Director / Senior Contracts Director on workloads and resourcesEnsures Contracts & Senior Contracts Specialists coordinate appropriate activities
Assist and ensure the preparation of Pre-Contract Award:Support non legal qualifications to the Contract as part of the bid submission, alignment of terms and conditions with project documentation such as scope, execution strategy, schedule, administration, etc. and identification of any relevant lessons learned from historical projectsSupport in PROM ActivitiesSupport in Customer Contract Negotiations as required
Support in Customer Contract Negotiations as required
Monthly Review Contracts/Commercial Management Plan
Ensures Contracts & Senior Contracts Specialists coordinate appropriate activities
Contract Management Set Up Schedule – 30 Days
Assist and ensure the preparation of Post Contract Award:Contract Management Set Up Schedule – 30 DaysProject Contract SummaryInternal Contracts Kick Off MeetingPrime Contracts Management Plan / Commercial Management Plan / Opportunities (Project Profit Maximization Plan)Project Execution Plans and Functional ProceduresContract Notices and Deliverables MatrixContract and Commercial Awareness WorkshopContractual AlignmentContract Records Management / DocumentationClient BillingInsurance certificationLetters of Credit, Bonds, Payment Guarantees, Parent Company GuaranteeFlow Down Provisions for Procurement and Subcontract ManagementMonthly Review Contracts/Commercial Management PlanPMR Attendance/Monthly Project Functional Meetings/ Monthly Legal MeetingContracts Awareness and Training Monthly SessionsContract Change NoticesContractual LettersContract MilestonesContract Schedule ChangesCustomer Contractual CorrespondenceFabrication Progress Reports/Construction Progress Reports/Vessel Progress ReportsProject Opportunity and Risk MatricesClose out of Client BillingClose out of Insurance
Support non legal qualifications to the Contract as part of the bid submission, alignment of terms and conditions with project documentation such as scope, execution strategy, schedule, administration, etc. and identification of any relevant lessons learned from historical projects
Flow Down Provisions for Procurement and Subcontract Management
Coordinate with Contracts Director / Senior Contracts Director on workloads and resources
Support in PROM Activities

Requirements

epc/epci

contract software

ms office

bachelor's

7+ years

negotiation

Is able to build rapport with and gains respect from employees with varied experience and background
Ability to work under pressure, multitask, and meet tight deadlines
Familiarity with industry-specific terminologies, contracts, and standards
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)
Contract Notices and Deliverables Matrix
Insurance certification
Strong negotiation skills with a focus on achieving mutually beneficial outcomes
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
In-depth knowledge of EPC/EPCI project lifecycles, including design, procurement, construction, and installation phases
Detail-oriented with strong organizational and time management skills
Excellent verbal and written communication skills, enabling effective collaboration with diverse stakeholders
Ability to analyze complex contract requirements and identify potential risks
Proficient in using contract management software and MS Office Suite

Benefits

Close out of Insurance
Prime Contracts Management Plan / Commercial Management Plan / Opportunities (Project Profit Maximization Plan)
Contract and Commercial Awareness Workshop
Letters of Credit, Bonds, Payment Guarantees, Parent Company Guarantee

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Founded 1923

Year Established

The company was established in 1923, marking the beginning of its journey in the energy sector.

30,000 Employees

Workforce Size

Employing over 30,000 people, the company has a significant global presence.

54 Countries

Global Presence

The company operates in over 54 countries, showcasing its extensive international reach.

1930s Innovation

Technological Advancements

Pioneered the use of floating drilling equipment, setting a precedent for future innovations.

Provides a comprehensive range of services including engineering, procurement, construction, and installation (EPCI) for both offshore and onshore projects.
Expertise encompasses the delivery of fixed, floating, and subsea production facilities, pipelines, and storage systems, from concept to commissioning.
Known for diverse product lines and innovative solutions across the oil and gas sector, including offshore and subsea production, onshore construction, engineering, and storage.
Developed the first steel template platform in the Gulf of Mexico in the 1940s, expanding its capabilities through strategic acquisitions and technological advancements.

Culture + Values

emphasizes a culture deeply rooted in core values: integrity, teamwork, commitment, well-being, and a drive to go beyond expectations
fosters a collaborative environment where employees are encouraged to work as part of a cohesive team, regardless of their location or function, under the guiding principle of "The One McDermott Way"
approach ensures all employees contribute to delivering innovative and complete solutions to complex engineering challenges, thereby enabling customers to maximize the potential of natural resources

Environment + Sustainability

Their strategy focuses on enhancing operational efficiencies through the expanded adoption of renewable energy, including onsite solar power generation and the use of digital technologies.
McDermott has made significant strides in low-carbon projects, particularly in offshore wind generation and liquefied natural gas (LNG) production, aiming to scale up production while minimizing environmental impact.
The company has also partnered with various organizations to explore low-carbon pathways, such as hydrogen production and carbon capture utilization and storage.
In addition to these initiatives, McDermott's sustainability efforts include industry-leading safety performance and local content programs that have positively impacted host countries, receiving national recognition in Uganda.
The company's sustainability report is prepared in accordance with international frameworks and best practices, including the Global Reporting Initiative Standards and the United Nations Sustainable Development Goals, demonstrating their commitment to transparency and accountability in their environmental and sustainability practices.

Inclusion & Diversity

46.2% Leadership Diverse

Diverse Leadership Percentage

The firm reports that 46.2% of their leadership is diverse.

McDermott's inclusion and diversity strategy is integral to its organizational framework, emphasizing the importance of diverse perspectives and experiences in driving success. The firm actively promotes initiatives fostering an inclusive workplace through a JDEI Committee working at the highest levels of management to ensure equitable access to client development and career advancement.
They have developed educational programming and best practices to create a culture of belonging. Their diversity strategy is structured around subcommittees focusing on race, ethnicity, gender, and LGBTQ+ inclusion.
McDermott hosts networking opportunities for women and sponsors events like the Women in FinTech series and She Loves Tech conference, reflecting their commitment to inclusion and employee satisfaction.

Articles

2023 Sustainability Report

A-Z Markets served

Life at McDermott