Regulatory Lead - Contract Management and Compliance

Regulatory Lead

Responsibilities

Contract Management and Compliance:

• Review and maintain a Contract Appreciation Document to fully understand the nuances of each contract.
• Summarize the Salient Features of Contracts and Projects for quick reference and compliance tracking.
• List, monitor, and ensure the fulfilment of contractual obligations by both parties, maintaining rigorous follow-up procedures.
• Review and maintian Monthly Contracts Monitoring (MIS) reports.

Risk Mitigation and Documentation:

• Proactively identify potential risks in contracts and develop appropriate mitigation strategies.
• Keep track of delay events, document them meticulously, and manage comprehensive records for all contract-related activities.
• Ensure that all contractually significant correspondence is responded to promptly and that a detailed log of communications is kept up-to-date.
• Ensure that complete documentation of contractual importance is maintained at HO and Sites.

Variation & Financial Control:

• Identify and document any extra items or changes in scope to ensure accurate billing and payment.
• Monitor potential contract variations, assess their impact, and communicate with stakeholders to guarantee their proper management and realization.
• Maintain meticulous records for Extension of Time applications, providing justification or defense as required to protect the company's financial interests.

Dispute Resolution and Project Acquisition Support:

• supervise the drafting activity of critical correspondence, notices, including Applications for Extension of Time, Change of Scope, and Force Majeure Events, NOD, to safeguard the company's legal and commercial interests.
• Prepare Statement of Claim and Rejoinders to effectively handle disputes or arbitration.
• Conduct Due Diligence of bid documents and/or M&A related documents in case of bidding for the new Projects/ Merger and Acquisition of other Entities.
• Proficiently able to work with the latest technology contracts, such as blockchain, smart contracts and AI.

Key Stakeholders - Internal:

Project Team

Business Development

Site team

Design Engineering

PMCG

Tendering and Cost Estimation

Legal Team

Billing Team

Key Stakeholders - External:

Contractors/ sub contractors

Client (NHAI)

Qualifications

Education Qualification:

BE / B.Tech in Civil

Work Experience (Range of years):

12+ years of relevant experience

Preferred Industry: Infrastructure