Lead Contracts (WET IC)
Larsen & Toubro
Date: 2 weeks ago
City: Riyadh
Contract type: Full time
- Review of contracts, cooperation agreements, term sheets, partnership agreements (consortiums, JVs), exclusivity agreements, MOUs, and NDAs from the clients and partners.
- Provide summaries on major provisions in the contracts.
- Identify risks and opportunities in contracts & agreements.
- Mitigate contractual risks by drafting corresponding qualifications.
- Negotiate and conclude qualifications and deviations with the clients and stakeholders.
- Drafting particular terms and conditions specific to each Project which include flow down provisions from prime contract and agreed deviations with subcontractors and suppliers.
- Review and prepare agreements such as NDAs, MOUs, and pre-tender agreements with subcontractors and suppliers.
- Assist in the reviewing & negotiating of deviations raised by the bidders on subcontracts and purchase agreements.
- Assist the project management teams on contractual matters, preparation, reviewing and resolution of claims and disputes.
- Liaise with the legal department to obtain legal opinions, reviews, power of attorneys, parent company guarantees, code of conduct and other corporate legal documents.
- Liaise with the finance department on finalizing contracts’ structures, letters of credits, bank guarantees, parent company guarantees, etc.
- Liaise with the insurance department on establishing and maintaining insurance policies in accordance with the respective contracts.
- Assist the legal department on the ongoing cases.
- Hands on skills in using latest MS office (Word, Excel & PowerPoint) and Adobe Acrobat.
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