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Procurement and Contracts

8.00 to 12.00 Years   Ranchi,Other Jharkhand   27 Jun, 2024
Job LocationRanchi,Other Jharkhand
EducationNot Mentioned
SalaryNot Disclosed
IndustryEngineering / Construction
Functional AreaNot Mentioned
EmploymentTypeFull-time

Job Description

    Role & responsibilitiesProcurement: Vendor Sourcing and Evaluation: Identify, evaluate, and qualify vendors, suppliers, OEMs, and service providers to ensure a reliable and competitive vendor base. Negotiation: Lead price, terms, and contract negotiations with vendors to secure the best possible outcomes for the organization while maintaining strong vendor relationships. Fair idea lumpsum rate contract & civil construction Item wise procurement. Track all compliances with the contractual / PO terms and flag-off to stakeholders any contractual / PO term needing to be addressed Eg, (not exhaustive): expiry of BG, validity of prices, due dates for scheduled activities, renewal of contracts / PO etc. Initiate approvals for amendments / change orders on need basis; Prepare Amendments to Contracts / POs for approvals and share with vendors post. internal approvalsContract Administration: Initiating and participating in the drafting of General contracts (GC) / Amendments / change orders ensuring attention to detail and accuracy. Maintaining formal contract records and correspondence, and adds contract information to relevant trackers / repositories Monitoring the contractors progress and performance to ensure goods and services conform to the contract requirements. Documenting significant events; maintaining appropriate records. Track Contract Dates: The effective date, completion date, renewal terms, and any additional dates necessary to monitor contract performance Highlight disputes and issues to be resolved to the concerned stakeholders. Proposing remedies, as appropriate, where a contractors performance is deficient. Liaise with all internal stake holders (Infra team, Procurement team, finance team and user teams) and external stakeholders (such as vendors etc) amicably for enabling these activities, Vendor evaluation, Vendor rating Process improvements initiatives to be undertaken and driven to closure both in manual and in automated processes including ERP Address any ad hoc requirements from vendors / stakeholders / senior management within reasonable timelines.Preferred candidate profileBachelors / Master degree in Civil / Mechanical8-10 years of experience in procurement, with a focus on civil constructionFair understanding on civil procurement in construction industry with deep understanding on General Contracts and aware of FIDIC process.Proven track record of success in procurementExcellent negotiation skills,

Keyskills :
Vendor EvaluationNegotiationContract AdministrationDispute ResolutionProcess ImprovementVendor RatingERPVendor SourcingCompliance TrackingAmendments to ContractsContract Records ManagementContract Performance MonitoringCivil ProcurementGenera

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