Prasanth K
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Prasanth K Email & Phone Number

Contracts Manager at Penta Global Engineering
Location: Abu Dhabi Emirate, United Arab Emirates 7 work roles 2 schools
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Current company
Role
Contracts Manager
Location
Abu Dhabi Emirate, United Arab Emirates
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Prasanth K is listed as Contracts Manager at Penta Global Engineering, a with 307 employees, based in Abu Dhabi Emirate, United Arab Emirates. AeroLeads shows a matched LinkedIn profile for Prasanth K.

Prasanth K previously worked as Contract Manager at Penta Global Engineering and Manager - Contracts & Estimation at Penta Global Engineering. Prasanth K holds Engineer’S Degree, Mechanical Engineering from Anna University Chennai.

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About Prasanth K

Experienced Mechanical Engineer worked with MNCs & EPC Contractors in the oil & gas, steel industry of India and UAE , acquired wide knowledge of the policies of ADNOC group companies, as well as various EPC s in the Middle East . Familiar with contractual matters such as contract preparation, cost monitoring & ordering and payment procedures. Range of expertise includes working as project Engineer, Senior Estimation Engineer, Cost Control Engineer, Planning Engineer, Manager for Proposals and contracts, Experience in FIDIC forms of Contract, Experience in Handling ICC Arbitration and other dispute resolutions.

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Penta Global Engineering
Penta Global Engineering
Contracts Manager
abu dhabi, united arab emirates
Employees
307
AeroLeads page
7 roles

Prasanth K work experience

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Contract Manager

Current

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

Functional activities within the assigned Business(es) including drafting, review, and negotiation of:• Confidentiality agreements / NDAs in accordance with business needs• Client contracts (bespoke and standard forms) including project-specific contracts and MSAs.• Drafting and review of financial instruments (Bonds / Letters of Credit, PCGs, MOUs)• Review proposed contract qualifications with other functions, as required, to ensure the balance of risk is appropriate for the associated services and remuneration mode• Negotiation of contractual terms with clients• Providing overviews of contract T&Cs and associated issues to senior management and execution teams, as applicable• The provision of specific contracts related inputs to the Tender Governance Process• Identification of contractual risks for inclusion in the risk management process• Draft and develop prime contract flow-down terms to be incorporated into purchase orders and subcontracts, in conjunction with Supply Chain and other functions, as required.• The provision of contractual interpretation advice, as required.• Assisting with the timely provision of commercial deliverables (e.g. bonds, PCGs, evidence of insurance) in accordance with contract requirements and Wood Policies.• Provision of contractual inputs to Commercial Handovers, including mitigations and actions required by Contracting Policy approvals.• Preparation, negotiation establishment, and administration of Joint Venture and/or Partnering agreements• Alignment of contractual terms, including management of change, with the associated contract remuneration model• The pursuit of company’s assertive claims and/or defending claims against Company including, as required• Subcontract formation and main contract flow-downs in conjunction with other functions, as required

Jan 2022 - Present

Manager - Contracts & Estimation

Abu Dhabi, United Arab Emirates

• Leading a team of Project Contract Engineers, Estimation Engineers and Site Quantity Surveyors.• Contract Review, Contractual Correspondence, Change Order Management, Claims and safeguarding company interests.• Prompt and clear identification/summary of all commercial risks, together with providing suitable and timely advice to the contract and other Senior Management in the avoidance/mitigation of unnecessary additional expense to the Project, as well as advice on most appropriate course of action.• Review and analysis of Tender Contract Conditions for contractual risks / related matters. • Review Subcontract Requisition documents for completeness in terms of Technical and Commercial information required for preparation of Agreements.• Review of all relevant Site correspondence and implementation of all necessary steps in protection of the Company’s commercial interests.• Review and Final approval of all Monthly Interim Progress Payment Applications including VO accounts, EOT claims and additional monies to ensure provision of all substantiated documentation to maximize cash flow.• Review and liaison with Technical & Procurement Departments on all Supplier and Subcontract Agreements together with the provision of Project specific advice to encompass all contractual requirements.• Preparation of Principle Project specific and contractual Extension of Time and Claims presentations, narratives and evaluations including detailed delay analysis.• Coordination with Delay Experts, Quantum Experts and Legal Firms for proceeding with Claims, Dispute resolution, Settlement, and ICC Arbitration.• Preparation of Letters of Intent / Letters of Award / Subcontract Agreements / Variation Orders and other related contractual correspondences.• Responsible for handling pre-award comments / clarifications and finalizing the Agreement with Subcontractors and other Vendors in coordination with the Head of Contracts through negotiations.

Aug 2016 - Dec 2021

Senior Contracts & Project Control Engineer

Shapadu Energy- Pge Consortium Sdn Bhd(Malaysia)

Bintulu,Malaysia

Reviewing Project Scope of work, Strategies, execution plan, Constructing Strategies, etc. Interface coordination with various parties such as Consortium partner, Detailed engineering SubContractor,Installation Sub-Contractor, Construction coordination, expediting engineering deliverables, resolvingconstruction issues Coordinating & expediting Technical interfaces between various engineering offices of the projectdesign team and construction team Monitor status of interface agreements across project and provide regular updates to ProjectManagers where appropriate Keep senior management and other routinely informed of project status and all developments thatimpact schedule, safety and reputation through regular reports Provide support for finalization of Installation methodology, plan and resources for safe installationof critical piping spools in LNG Plant in Malaysia. Assisting review and finalization of overall Project Schedules, Progress monitoring and expediting. Participation in finalization of Sub-Contracts. Planning of day to day activities in piping erection work package for LNG Plant Contract Administration, Quantity Surveying, Billing of LNG Project

May 2014 - Jun 2016

Estimation & Contracts Engineer

Abudhabi

• Review proposal specifications and drawings and attend pre-bid meetings and submit an Executive Summary to the management including scope of works, constraints, commercial/legal risk factors, review points, relevant drawings etc, for their review, and for bid or no-bid decision. • Participation in bid Clarification meetings with the clients to understand the scope of work, construction & financial returns.• Preparing tenders/ bids as per the client’s FEED.• Coordinate with the Engineering departments for preparing MTO as per the available FEED.• Liaise with the purchase department for the procurement of special materials and equipment’s required for the project during the bidding phase. • Line of communication for the Project planning with internal departments like Production, Engineering and Procurement.• Liaising with sub-contractors for out sourcing work whenever required with the specialist engineer involvement.• Arrange management review meetings and ensure that all agreed actions are incorporated into the final proposal document.• Prepare estimate man hours, compute cost and other related reports used for management purpose.• To prepare change order estimates for additional works or growth in the scope of work.• Respond to clarification requests of the Clients and Sub-Consultants• Maintain files of working documents as back-up for estimate figures, including current (accurate) information on prices from suppliers• Ensure to meet the deadlines of all the Consultancy tenders/proposals.• To follow ISO procedures pertaining to tendering function.

Mar 2013 - Apr 2014

Site Planning Engineer

United Arab Emirates

Job Responsibilities Includes,* Collaborating with site managers, surveyors, engineers, site worker and other professionals.*Supervising the project at all stages and providing solutions to problems.*Preparation and updation of Project "S Curves" and Level 4 Schedules.*Making estimations for timescales and costs.*Ensuring plans meet the client’s specifications.*Prepare and update project schedule based on the contract.*Set work program and target milestones for each phase based on the project plan.*Monitor critical activities based on the project schedule and advise project management.*Monitor day to day work progress and prepare the weekly and monthly program and report.*Maintain and record update of site work progress obtained from Project Manager.*Report to the Project Manager about the current work progress and make comparison between plan and actual progress and study impact of alternative approaches to work.*Participate in project meetings and discussions with the Client as required.*Monthly Progress Invoice Preparation,Variation Order Request Preparation and submission to Client.*Assist Head office Finance Department for Cash Flow and CTC Preparation.

Aug 2011 - Mar 2013

Project Engineer - Erection & Commissioning

Mumbai Area, India

Roles & Responsibilities are,*day-to-day management of the site, including supervising and monitoring the site labour force and the work of any subcontractors.*plan the work and efficiently organise the plant and site facilities in order to meet agreed deadlines.*communicate with clients and their representatives (architects, engineers and surveyors), including attending regular meetings to keep them informed of progress.*liaise with any consultants, subcontractors, supervisors, planners, quantity surveyors and the general workforce involved in the project.*check plans, drawings and quantities for accuracy of calculations.*act as the main technical adviser on a construction site for subcontractors, craftspeople and operatives.*Erection of Steel Continuous Casting Plant and associated Utility Stations.*Checking and Approving the Civil Foundations before starting the Equipment or Structural Erection Works.*Commissioning of Continuous casting plants.*Erection Site In charge for Various new Continuous casting Plants in India and Nigeria.

Aug 2007 - Jul 2011

Project Engineer

Calicut,Kerala

Duties Includes,1)Reporting to Works Manager - Plant Construction Division.2)Actively Participated in the revamping & Construction works of new Steel Melting Plant including new Equipment Erection,Steel structure Erection,Piping Works etc.3)Involved in Vendor development,Pre-Qualification and supplier assessment.4)Subcontract management,Processing of Progress Invoices,Progress Updation,5)Focal Point from Company side for EPC Contractor.6)Processing of PO and Subcontracts for vendors and Subcontractors.

Aug 2005 - Jul 2007
Team & coworkers

Colleagues at Penta Global Engineering

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2 education records

Prasanth K education

Engineer’S Degree, Mechanical Engineering

Activities and Societies: Joint Secretary of Mechanical engineering Student Association

FAQ

Frequently asked questions about Prasanth K

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What company does Prasanth K work for?

Prasanth K works for Penta Global Engineering.

What is Prasanth K's role at Penta Global Engineering?

Prasanth K is listed as Contracts Manager at Penta Global Engineering.

Where is Prasanth K based?

Prasanth K is based in Abu Dhabi Emirate, United Arab Emirates while working with Penta Global Engineering.

What companies has Prasanth K worked for?

Prasanth K has worked for Penta Global Engineering, Shapadu Energy- Pge Consortium Sdn Bhd(Malaysia), Concast (India) Pvt. Ltd., and Steel Authority Of India Limited.

Who are Prasanth K's colleagues at Penta Global Engineering?

Prasanth K's colleagues at Penta Global Engineering include Benny Surya Dinata, Sudhish Shanmuka, Prabu Selvam, Gandhi Dogga, and Tamil Selvan.

How can I contact Prasanth K?

You can use AeroLeads to view verified contact signals for Prasanth K at Penta Global Engineering, including work email, phone, and LinkedIn data when available.

What schools did Prasanth K attend?

Prasanth K holds Engineer’S Degree, Mechanical Engineering from Anna University Chennai.

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