Senior Commercial Manager | FIDIC Contract Specialist

In a world of possibilities, pursue one with endless opportunities. Imagine Next!

At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself. Guided by our leadership vision of valuing people, embracing agility, and fostering growth, we cultivate an innovative culture that empowers you to achieve your full potential. Unleash your talent and redefine what’s possible.

Job Description:

Parsons is looking for an amazingly talented Senior Commercial Manager to join our team! In this role you will get to support the FIDIC Engineer in administering commercial and contractual matters in accordance with the applicable FIDIC Design and Build contracts.

What You'll Be Doing:

• Contract and Commercial Administration

• Support the FIDIC Engineer in the administration and management of infrastructure contracts in accordance with the applicable FIDIC Conditions of Contract.

• Interpret and apply contractual requirements relating to measurement, valuation, payment, variations, extensions of time, claims, notices, and commercial correspondence.

• Maintain a detailed understanding of contract obligations, entitlements, risks, and commercial procedures.

• Review Contractor submissions and assess compliance with contractual and procedural requirements.

• Prepare and maintain commercial records, registers, trackers, and supporting documentation.

• Ensure that all commercial decisions and recommendations are properly documented, supported by evidence, and aligned with the Contract and Client requirements.

• Provide guidance to project teams on contractual and commercial matters.

Measurement and Valuation

• Review and verify Contractor measurements, quantities, applications for payment, and supporting records.

• Undertake independent measurement and valuation of completed works, materials on site, approved changes, provisional sums, and other contractual entitlements.

• Assess the value of works executed against the approved scope, drawings, specifications, Bills of Quantities, and contract rates.

• Ensure that valuation methodologies are consistently applied across the portfolio of contracts.

• Identify discrepancies, omissions, duplicate claims, unsupported quantities, and potential over payments.

• Support the preparation of interim and final account assessments.

Payment Certification

• Review Contractor applications for interim payment and provide recommendations to the FIDIC Engineer.

• Verify progress, quantities, approved variations, retention, advance payment recovery, liquidated damages, deductions, and other applicable adjustments.

• Prepare payment assessment documentation and supporting commercial evaluations.

• Assist with the timely issuance of payment certificates in accordance with the Contract.

• Coordinate with Project Controls, Finance, and relevant technical disciplines to validate progress and payment information.

• Monitor payment status and identify potential commercial and cash-flow risks.

Change and Variation Management

• Administer the change control process in accordance with contractual requirements and project procedures.

• Review and evaluate Contractor notices, quotations, proposals, and claims relating to changes and variations.

• Prepare independent cost estimates and assess the financial impact of proposed changes.

• Evaluate changes based on scope, drawings, specifications, rates, resources, quantities, time implications, and applicable contractual provisions.

• Maintain variation and change registers, including status, value, approval authority, and potential cost exposure.

• Ensure that changes are properly instructed, evaluated, approved, recorded, and incorporated into the contract value.

• Support the FIDIC Engineer in resolving commercial issues and negotiating fair and reasonable outcomes.

Claims and Dispute Support

• Assist with the review and assessment of Contractor claims, including claims relating to variations, delay, disruption, extensions of time, loss and expense, and other contractual entitlements.

• Review contractual notices, contemporary records, substantiation, cause-and-effect analyses, and quantum assessments.

• Prepare commercial position papers, evaluation reports, and recommendations for the FIDIC Engineer and Client.

• Support the management and resolution of potential disputes in accordance with the Contract.

• Maintain accurate records of commercial issues, claims, potential claims, and associated risks.

• Provide information and documentation required for formal dispute resolution, audits, or expert review.

Commercial Reporting and Cost…