Commercial Manager, London Power Tunnels – London
Our client a leading civil engineering contractor are recruiting a Commercial manager to lead the delivery of the London Power Tunnels 2 project.
You will have experience delivering tunnelling and/or heavy civils projects. As Commercial manager you will be responsible for the commercial delivery of the overall project. You will manage and develop a team of Quantity Surveyors and manage the client and other internal stakeholders.
What You Will Be Doing:
• Collate, analysis & challenge Cost/Value Reports and forecasts as required, then implement required actions.
• Design and implement a commercial strategy for their portfolio and tenders with the assistance of their functional manager
• Ensure that the Commercial Practitioners administer the contracts correctly in a timely and professional manner.
• Identify, mitigate and manage risk & opportunities for the portfolio of work.
• Be responsible, where required, to ensure that a review of all of the contractual obligations and commercial risks is carried out prior to the submission of tenders.
• Maximising of cash position, including WIP control, cash flow production & improvement plans for all projects
• Identification and advice upon of insurance related issues, including PI.
• Ensuring a margin improvement plan exists on each project.
• Assist in work winning duties as required, including proactive release of team members and attendance at Client Presentations for Tender Interviews
• Assist in development of Joint Venture Agreements and arrangements where appropriate.
• Assist in the procurement of PCG’s, Bonds and Warranties.
• Negotiation of simple contract with the Client, including highlighting of business risk parameters.
• Ensuring optimum performance of commercial team for the portfolio of work, undertaking constant reviewing for margin gains in efficiency and timely resource forecasting.
• Ability to handle Client disputes, including issues outside of the contract.
• Ensure that the outturn costs on the projects are monitored on a monthly basis through a detailed bottom up resourced and costed forecast maintained.
• Undertake any other work as required of you by the Commercial Director, including assistance in emergency situations for peers and manager.
• Build team, manage the development of personal plans, establishment of objectives/targets for all direct reports and monitor on an ongoing basis - maintain performance
Who They Are Looking For:
• Chartered Quantity Surveyor or equivalent
• Degree educated/HND or equivalent
• Commercially astute with demonstrable delivery on infrastructure projects for a tier 1 contractor.
• Expert knowledge of Standard Forms of Contract and Standard Methods of Measurement.
• Understanding of programming techniques and project controls.
• Proven leadership and mentoring skills of a team and preferably graduates/apprentices
• Computer literacy in Microsoft, Office applications etc.
• Relevant CSCS card
• Full driving license
About The Project:
National Grid has agreed a 6-year contract with Murphy to deliver tunnelling and shaft work in the second phase of its London Power Tunnels project. The contract is worth £400 million, and work has started as of March 2020 with offices opening in Bermondsey and New Cross, South London. The £1bn LPT project will see the construction of a 32.5km tunnel which will house electricity transmission cables 30m underground. The new cables will replace three circuits that currently run under the surface or roads between Wimbledon and Crayford. The replacement tunnel will minimise disruption for Londoners, eliminating the need to dig up the existing cape infrastructure.