To drive the end-to-end contract lifecycle execution i.e. pre and post-award management by understanding requirements, identifying pre-qualified vendors, tender preparation, inviting bids, technical & commercial negotiation in line with RIL standards aligned to Procurement & Contracting (P&C;) objectives and guidelines
SECTION III: KEY RESPONSIBILITIES AND ACCOUNTABILITIES OF THE ROLE
Responsibilities
Pre-Award Management
Assist Category / Contract Manager in sourcing of critical contracts by selection and evaluation of vendors; find target vendors based on brief of package, planning for assigned items as per the target timelines,
and preparation of contracting plan in compliance with agreed terms and conditions
Support the thorough pre-qualification of vendors by specifying sourcing events, conducting technical validation with help from internal stakeholders
Develop Internal Cost Estimates as per defined procedures and processes
Float RFQ via the digital RFX systems and arrange RFQ clarification meetings as required
Study offers from vendors, and prepare a comparative statement to aid in selection of vendors, optimization of price and other commercial terms
Participate in commercial negotiation meetings, negotiate and finalize price as per scope given
Highlight any major commercial or contractual risks or issues to the relevant authority and work on developing optimum solution as per Contract procedures and standards
Focus on usage of technological tools like e-auction and reverse auction to improve efficiency and transparency
Ensure generation of Purchase Order (PO) as per established procedu