Contracts Specialist

Contracts Specialist

The Contracts Specialist performs contract activities throughout the project lifecycle. The Contracts Specialist builds and supports customer and subcontractor relationships, mitigates negative risks, and promotes positive risks through careful contract analysis and term negotiation. The Contracts Specialist also supports other team members' management of subsequent contract modifications.

Essential Functions and Responsibilities:

• Understand construction contracting terms, including scope of work, payment, schedule, change management, damages, dispute resolution, indemnity, and termination clauses.

• Analyze proposed project owner and subcontractor agreements to identify commercial, operational, and legal risks and opportunities.

• Confirm consistency between owner contract terms and subcontract terms, ensuring that subcontract agreements include all project requirements and flow-down obligations from the owner contract to the subcontractor.

• Collaborate with team members in Estimating, Preconstruction, and Project Management about contract risks and negotiations.

• Communicate with owner and subcontractor representatives to negotiate contract terms in a professional, collaborative, and solutions-oriented manner.

• Draft negotiated terms (balancing risk management objectives with project and business goals) with support from supervisor, team members, and Legal when needed.

• Consult with brokers and advisors about insurance terms and bonding to align coverage with contract obligations.

• Work with other team members to ensure complete and accurate contract records.

• Assist in developing contract templates, standard terms, and limits and reasons for negotiated compromises.

• Other duties as assigned.

Description:

• Basic knowledge of how construction contracts allocate project risks.

• Basic working knowledge of commercial general liability, builder's risk, and professional liability insurance policies work in respect to construction projects.

• Ability to explain contract provisions in clear layperson terms.

• Experienced professional negotiation skills with strong interpersonal skills.

• Strong proficiency using redlining, addendums, and other methods of tracking and documenting contract negotiations.

• High attention to detail and ability to multi-task.

• Strong reading comprehension.

• Strong grammar, usage, and writing skills.

• Strong organizational skills.

Certificates, Licenses, and Registrations:

• Must have a valid driver's license and be able to comply with the company's Authorized Driver policy.

Education and Experience:

Required: Four-year construction management, business, or law degree (or equivalent combination of training, construction management, business, law, or related field experience) required.

• Required: 3-5 years of construction contracting experience.

• Experience reviewing both owner contracts and subcontracts.

• Familiarity with AIA, ConsensusDocs, and OFCC contract forms