Commercial Lead

Job Summary:

The Commercial Lead (Design) will oversee the cost management and contract management aspects of the Design package at Euston Station from initiation to close-out.

Key Responsibilities:

• Ensure contractual terms and conditions for suppliers and sub- contractors are administered.
• Administer incentivisation arrangements as appropriate.
• Oversee the assessment of EWN's and compensation events.
• Provide regular cash flow forecast of expenditure.
• Report expenditure against the Incentive Target on a monthly basis.
• Manage the change management process consult with other functions to assess changes and risks to the overall project out-turn.
• Produce of a monthly consolidated cost / expenditure report for the section of the project.
• Oversee the monthly valuation process.
• Where necessary review potential contractor and supplier claims, the adjudication of claims and make recommendations for settlement.
• Oversee the finalisation of contractor's accounts and close out contracts for the project.
• Oversee the raising of consultant, supplier or contractor instructions as necessary for signature by approved parties.
• Oversee audits of accounts.
• Oversee the financial contingency built into packages and ensure that contingency allowances reflect the current programme position.
• Oversee the management of risk and allowances built in for specific risks.
• Provide commercial input to tender documentation as necessary.
• Oversee the cost analysis of bid returns.
• Where appropriate oversee tender returns from contractors received on an open book basis and lead negotiation of two stage fixed price.
• Oversee the payment of contractors.
• Ensure all instructions issued by the project manager are reviewed for cost implications.
• Support the change control process and assist in identifying the cost implications of any proposed changes
• Oversee the preparation of final accounts for all contracts packages.

Technical Competencies:

• Proven knowledge of all aspects of commercial management.
• Knowledge of various forms of NEC Contracts.
• Knowledge of integrated reporting.
• Knowledge of IT systems relevant to Commercial Control.
• Knowledge of programmes and change management.
• Ability to use IT applications.

Behavioural Competencies:

• Ability to lead a team.
• Ability to focus on detail at the same time as seeing the strategic picture.
• Ability to present confidently to senior management.

Qualifications, Certifications & Experience:

• Experience in commercial management.
• Experience of working in major (£100M+) projects.
• Formal qualification RICS or similar or proven experience.

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