Contract Director

12 hours ago

Johor Bahru, Johor, Malaysia Nirvana Asia Full time

Nirvana Asia seeks a Contract Director to oversee contract management, cost control, and procurement for real estate development projects. This role ensures effective budget and contract execution from project inception to completion.

The ideal candidate should have strong cost awareness, the ability to optimize procurement strategies, mitigate contract risks, and ensure compliance with industry standards and company policies.

Key Responsibilities:

  • Contract Management & Cost Control
  • Manage overall project budget and costs, ensuring they remain under control throughout the project lifecycle.
  • Regularly monitor project costs and variation management to prevent unnecessary delays and cost overruns.
  • Oversee contract drafting, negotiation, execution, and final settlement, ensuring compliance and enforceability.
  • Supervise contract execution, tracking variation orders (VOs), contract amendments, and extensions of time (EoT) to maintain effective variation management.
  • Responsible for final account settlement, ensuring timely and accurate contract payments in compliance with financial management policies.
  • Procurement & Tender Process
  • Develop and closely monitor the tender schedule to ensure timely completion of procurement objectives.
  • Manage procurement, negotiations, and coordination with suppliers, contractors, and manufacturers to secure favorable contract terms and services.
  • Conduct cost analysis of tender bids to ensure competitiveness and negotiate effectively.
  • Secure competitive bids and award tenders on schedule, aligning with strategic and budgetary goals.
  • Compliance & Reporting
  • Handle all contract-related legal and compliance matters involving contractors, consultants, purchasers, tenants, and business partners, safeguarding Nirvana Asia's interests.
  • Monitor contract execution, ensuring agreements comply with industry regulations, contract terms, and company policies.
  • Track scope changes, contract modifications, variation orders (VOs), and extensions of time (EoT), minimizing variation costs and preventing unnecessary delays.

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