Deputy General Manager - Contract Governance and Claims Management
Larsen & Toubro LtdJob Description
Deputy General Manager
Deputy General Manager – “Contract governance and claim management”
Shall be responsible for supporting businesses and project teams in managing contracts effectively, handling disputes in a consistent manner, and improving opportunities while reducing avoidable claims and disputes.
Responsibilities include
Business Contract Function
- To ensure clarity, alignment, and timely decision making across the business.
- Provide guidance, coordination, and oversight for contract related matters across the business
- Approaches to dispute handling, contract interpretation, and risk management.
- Provides functional guidance on contract management
- Facilitates alignment on dispute strategies and positions
- Supports businesses in addressing complex contract issues
- Acts as a coordination point for significant claims and disputes
Disputes and Claims
- All disputes and claims shall be reviewed and classified based on value, risk exposure, and potential precedent impact.
- Disputes of higher value or those with precedent implications shall be coordinated and managed at the central level to ensure a consistent approach across the business.
Approach to Disputes and Claims
- Disputes and claims management through a collaborative process to ensure a clear position, a consistent approach, and informed decision making.
- Engagement with the Corporate Legal Team or external experts for significant disputes.
Existing Disputes and Claims
- Visibility of exposure and status
- Sharing of learnings across businesses
- Timely identification of matters requiring support or escalation
Dispute Prevention and Contract Readiness
- Timely issuance of contractual notices
- Maintenance of contemporaneous records
- Early identification of emerging claims
- Periodic reviews to discuss progress, challenges, and possible resolution strategies
Governance and Review Forums
- Periodic discussions on significant disputes
- Monthly contract risk and readiness reviews with businesses
- Quarterly business level reviews to identify trends and improvement opportunities
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