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About the Role

We are looking for a strategic, commercially strong, and result-oriented General Manager – Contracts to lead the Contracts and Commercial function of the organization. The ideal candidate should have strong expertise in BOQ preparation and analysis, tendering, rate analysis, contractor/vendor management, contract negotiation, cost control, billing, variation management, claims, and commercial closure. The role requires a strong leader who can build and manage a high-performing Contracts team, negotiate effectively with contractors and vendors, protect the company's commercial interests, and ensure cost-effective procurement and contract execution.

  • Contracts & Commercial Leadership
    • Lead the overall Contracts and Commercial function across multiple real estate projects.
    • Establish standardized contracts, commercial processes, systems, and controls.
    • Develop and implement contracts strategies aligned with project budgets and business objectives.
    • Review major contracts, work orders, agreements, commercial terms, and contractual obligations.
    • Ensure effective contract administration throughout the project lifecycle.
    • Provide strategic commercial advice to senior management on major contractual decisions.
  • BOQ & Cost Management
    • Lead preparation, review, and validation of BOQs for civil, finishing, MEP, and other project requirements.
    • Review quantities, specifications, rates, and scope of work.
    • Conduct detailed rate analysis and cost benchmarking.
    • Identify cost-saving opportunities without compromising quality or project requirements.
    • Ensure alignment of BOQ, project budgets, drawings, specifications, and actual site requirements.
    • Monitor project cost against approved budgets and identify potential cost overruns.
  • Tendering & Vendor/Contractor Management
    • Develop and manage the complete tendering process from enquiry to final award.
    • Identify and evaluate suitable contractors, subcontractors, suppliers, and vendors.
    • Prepare tender comparison statements and commercial evaluations.
    • Conduct pre-qualification and capability assessment of contractors.
    • Negotiate rates, payment terms, scope, timelines, retention, security deposits, penalties, warranties, and other contractual conditions.
    • Develop and maintain a strong and reliable contractor/vendor network.
    • Monitor contractor performance and take corrective action wherever required.
  • Negotiation & Commercial Closure
    • Lead high-value commercial negotiations with contractors, vendors, consultants, and suppliers.
    • Negotiate rates, quantities, variations, claims, escalation, payment terms, and final settlements.
    • Ensure the company's commercial interests are protected in all contractual agreements.
    • Resolve commercial disputes through effective negotiation and structured escalation.
    • Drive timely closure of pending commercial issues.
    • Participate in negotiations for major project packages and strategic contracts.
  • Contract Administration
    • Review and finalize contracts, work orders, LOIs, amendments, and related commercial documents.
    • Ensure proper documentation of scope, specifications, rates, milestones, payment terms, and contractual obligations.
    • Monitor contractual milestones, deliverables, extensions, penalties, and obligations.
    • Manage contractual variations and change orders.
    • Review contractor claims and certify commercial validity in coordination with Project and Finance teams.
    • Ensure timely renewal, closure, and termination of contracts wherever applicable.
  • Billing, Variations & Claims
    • Oversee contractor billing and certification processes.
    • Review measurements, RA bills, final bills, and supporting documentation.
    • Monitor variations against approved BOQ and contract scope.
    • Evaluate contractor claims and counterclaims.
    • Ensure proper approval and documentation of deviations and additional works.
    • Drive timely closure of final accounts and outstanding commercial matters.
  • Cost Optimization
    • Establish cost-control mechanisms across projects.
    • Benchmark major construction packages and market rates.
    • Identify opportunities for value engineering and commercial optimization.
    • Analyse historical project costs and develop cost databases for future projects.
    • Monitor material and labour cost trends and their impact on project budgets.
    • Support management in achieving project cost and profitability objectives.
  • Team Leadership & Development
    • Lead and mentor the Contracts, Commercial, Quantity Surveying, and related teams.
    • Define responsibilities, KRAs, KPIs, and performance expectations.
    • Build a strong second line of leadership within the Contracts function.
    • Develop team capabilities in negotiation, estimation, contract administration, and commercial management.
    • Conduct regular performance reviews and provide strategic guidance.
    • Create a culture of accountability, discipline, transparency, and commercial awareness.
  • Cross-Functional Coordination
    • Work closely with: Projects / Engineering Estimation Purchase & Stores Finance & Accounts Planning QA/QC Legal Design & Architecture Management
    • Ensure commercial decisions are aligned with project timelines, technical requirements, budgets, and organizational objectives.

LEADERSHIP COMPETENCIES

  • Strategic & Commercial Thinking
  • Leadership & Team Building
  • Negotiation Skills
  • Decision-Making Ability
  • Cost Management
  • Vendor & Contractor Relationship Management
  • Problem-Solving Skills
  • Conflict Resolution
  • Business Acumen
  • Analytical & Financial Understanding
  • Communication & Stakeholder Management
  • Ownership & Accountability
  • Integrity & Professional Ethics

KEY PERFORMANCE INDICATORS (KPIs)

  • Project cost savings / optimization
  • BOQ accuracy
  • Tendering and award timelines
  • Contract negotiation savings
  • Contractor/vendor performance
  • Contract compliance
  • Variation control
  • Claims resolution
  • Final account closure
  • Budget adherence
  • Commercial dispute resolution
  • Timely contract awards
  • Vendor/contractor network development
  • Team productivity and capability development

CANDIDATE PROFILE

  • Have 15–20+ years of relevant experience in real estate / construction contracts.
  • Have experience handling large-scale residential and/or commercial projects.
  • Have strong expertise in BOQ, estimation, rate analysis, tendering, contracts, billing, variations, and claims.
  • Have extensive experience in contractor/vendor negotiations.
  • Have managed multiple projects and a sizeable Contracts/Commercial team.
  • Have strong knowledge of construction market rates and commercial practices.
  • Have experience dealing with senior management, contractors, consultants, and vendors.
  • Have demonstrated ability to achieve cost optimization without compromising project quality or timelines.
  • Strong knowledge of MS Excel and relevant ERP/project management systems is preferred.

About the Company

Saheel Properties

Real Estate

Saheel Properties - top real estate developer in Pune. Premium flats in Wakad, Tathawade, Hinjewadi, Chinchwad & Baner NX. Explore projects & book a visit!

Industry: Real Estate

General Manager – Contracts at Saheel Properties - Pune