Principal Contract Specialist in London

Job Overview:

Reporting to the Project Contracts Manager, the Principal Contracts Specialist will assist in addressing all contractual and commercial issues encountered during the execution phase of large-scale, complex engineering, procurement, construction, and installation (EPCI) projects.

Responsibilities

Key Tasks and Responsibilities:

• Support the Project Contracts Manager in the implementation of a project’s contractual / commercial strategy throughout project execution

• Upon project award, assist the Project Contracts Manager in disseminating contract requirements within the project team

• Assist Project Contracts Manager in identifying critical or sensitive contractual issues

• Assist the Project Contracts Manager in developing an effective working relationship with Client team to ensure timely resolution of contractual issues

• Support the project team to establish the change management process, setting a culture of change identification

• Lead / participate in change management meetings to identify changes that may result in entitlement for compensation and / or schedule relief

• Assist Project Contracts Manager with Client negotiations and working towards the timely resolution of change orders and contract amendments

• Assist in the administration of all contractual correspondence with the Client including the timely release of notification required to ensure McDermott’s contractual rights are preserved

• Support preparation of project weekly and monthly progress reports for internal and external distribution as per internal and Contract requirements

• Support the project risk and opportunity management processes

Qualifications

Essential Qualifications and Education:

• Minimum 7+ years of project execution experience in the energy and / or construction industries. University degree in Law, Engineering, Construction Management, or similar is preferred
• 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
• 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)
• In-depth knowledge of EPC/EPCI project lifecycles, including design, procurement, construction, and installation phases
• Is able to build rapport with and gains respect from employees with varied experience and background
• Familiarity with industry-specific terminologies, contracts, and standards
• Strong negotiation skills with a focus on achieving mutually beneficial outcomes
• Ability to analyze complex contract requirements and identify potential risks
• Excellent verbal and written communication skills, enabling effective collaboration with diverse stakeholders
• Proficient in using contract management software and MS Office Suite
• Detail-oriented with strong organizational and time management skills
• Ability to work under pressure, multitask, and meet tight deadlines

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