Key Responsibilities

1. Post-Contract Cost Management

- Manage cost and commercial activities from contract award through project completion.

- Monitor project expenditure against approved budgets and contract values.

- Prepare and maintain detailed cost reports and cost forecasts.

- Track committed, actual and forecast project costs.

- Identify potential cost overruns and recommend corrective actions.

2.

Quantity

Measurement &

- Valuation

- Review and verify contractor measurements, quantities and interim payment applications.

- Certify / support interim payment valuations in accordance with contract terms.

- Review BOQs, quantities and rates against executed works.

- Ensure accurate measurement and valuation of civil works.

3. Variation &

- Change Management

- Identify, evaluate and manage variations / change orders.

- Assess the commercial impact of design and scope changes.

- Review contractor variation submissions, rates and supporting documentation.

- Maintain variation and change-control registers.

- Negotiate and recommend appropriate commercial settlements.

4. Claims &

- Commercial Management

- Review contractor claims related to variations, delays, extensions of time, loss & expense and additional costs.

- Analyse contractual entitlement and financial impact.

- Coordinate with Project Management, Planning and Contracts teams on claims.

- Support resolution of commercial disputes and negotiations.

5.



Cost Reporting &

- Forecasting

- Prepare monthly cost reports, cash-flow forecasts and cost-to-complete reports.

- Track project budget, committed costs, variations and forecast final cost.

- Provide management with explicit visibility of commercial risks and opportunities.

- Highlight cost trends and potential financial exposure.

6.

Contract

Administration

- Review contract conditions, BOQ, specifications and commercial provisions.

- Ensure commercial activities are carried out in line with contractual requirements.

- Support contract correspondence and commercial documentation.

- Coordinate with Legal / Contracts teams wherever required.

7. Procurement &

- Subcontract Management

- Review subcontractor / contractor commercial proposals.

- Support procurement and commercial evaluation of packages.

- Review subcontractor payments, variations and final accounts.

- Ensure commercial alignment between main contract and subcontract packages.

8.

Final

Account &

- Project Close-Out

- Lead / support preparation and settlement of final accounts.

- Reconcile contract value, variations, payments and outstanding claims.

- Ensure all commercial documentation is completed before project close-out.

- Support commercial handover and lessons-learned activities.

If Interested , kindly connect me on it : +91 97739 88069

📌 Costing Manager (Mumbai)
🏢 The Talent Keepers
📍 Mumbai