08.09.2024
Lead Engineer - Contracts
RAK Properties
UAE, Ras Al Khaimah
The Role Job Objective: Responsible for managing all contracts related items in the company, which includes evaluating bids from contractors as well as negotiating and awarding the contract to the winner. Reviews and finalizes any outstanding claims or other issues that may arise from the contracts, and also includes processing and verifying requests for payment and releasing of final payments. The position provides a full range of contractual processes such as contract preparation, contract negotiation, contract administration, closing-out of contracts and other contractual related activities of the company. The individual should possess an in-depth knowledge and working understanding of standard contractual norms, local and international requirements, specifications, procedures, and policies. Key Responsibilities: Prepare, review and issue contractual agreements, policies, and procedures to facilitate contract terms. Participate in team meetings, prepare the terms and conditions of the contract, conduct contract analysis by reviewing cost and price proposals to ensure compliance with applicable rules and procedures. Perform all aspects of assigned contract including accuracy of contract funding, scope changes, contract amendments, and legal requirements. Prepare and issue subcontracting agreements and facilitate meetings for the nominated committees. Coordinate with other company functions to ensure appropriate reviews and approvals are obtained before executing contract documents. Interpret contract requirements and provide expert advice on contractual conditions to improve future contract outcomes. Coordinate with other departments to meet required contractual deadlines. Provide contract summaries and ensure contract execution complies with company policies. Review contract documents and correspondence as part of the bid evaluation process. Prepare and write proposals for new contracts and changes to existing contracts. Identify and manage disputes, claims, and performance deficiencies to minimize risks. Develop and implement comprehensive contract management plans and monitor performance to achieve contractual outcomes. Maintain integrity of contract information and coordinate all aspects of the contract administration process. Prepare Bid Invitations and control the issuance of RFPs/RFAs/drawings, keeping records of variation orders. Develop positive relationships with internal/external suppliers to ensure desired outcomes are met. Tender and review terms of Property Insurances and manage all Property Insurances for various projects. Tender and review terms of all Service Contracts for Facility Team. Update the Contracts Procedures Manual in line with Board Approvals and Auditor’s recommendations. Ensure compliance with the company’s policies related to Health, Safety, and Environmental Management. Perform any additional tasks assigned by the line manager or department head. Requirements: Bachelor's degree in Civil Engineering, Quantity Surveying, or related discipline. Minimum 8-10 years of work experience on the client-side in Real Estate or Civil construction sector in UAE/GCC. Must have hands-on and strong experience in pre-contract activities, particularly in tender invitation, tender review, tender evaluation, LOA, preparing contract agreements, and procurement of contractors & consultants. About the Company: RAK Properties is one of the leading property development and tourism infrastructure firms in the UAE. With proven excellence in a wide range of projects including mixed-use community developments, strategically placed retail shops, health spas, and hotels, RAK Properties Public Joint Stock Company (PJSC) plays a central role in shaping the lifestyle of residents of the United Arab Emirates. Founded in 2005 from the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties delivers high-quality and professionally managed projects that provide its customers with the highest level of service while maximizing the value of their investments. RAK Properties has sound capital of AED 2 Billion. The Initial Public Offering (IPO) of RAK Properties in early 2005 was oversubscribed by almost 57 times. RAK Properties aims to attract foreign investors to launch state-of-the-art projects, including luxurious hotels, resorts, and malls, serving as a catalyst for a dynamic property market in Ras Al Khaimah and the wider United Arab Emirates.#J-18808-Ljbffr
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