Contract Administrator

job
  • The Axel Group, LLC
Job Summary
Location
Belmont ,VA
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
24 Dec 2024
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Job Description

The Axel Group is seeking a Contract Administrator to join our client’s team in Loudon County, VA.


This person will report directly to the CFO and is responsible for drafting, reviewing, negotiating, tracking, and managing the terms and conditions of third-party contracts to ensure timely agreements while effectively minimizing risks. This role provides the expertise needed to understand and contractually transfer risks associated with IDIQ, design-build, and lump sum construction contract types.


If you have a background as a Contract Administrator or Paralegal in the construction industry and are seeking a well-established and growing company, this is the perfect opportunity for you!


Responsibilities:

  • Conduct legal and financial due diligence to prequalify new subcontractors for potential Master Agreements.
  • Draft, negotiate, track, and manage the business-related terms and conditions of subcontract Master Agreements.
  • Collaborate with Business Development to review draft contracts and insurance requirements before proposal or bid submission.
  • Analyze Owner contracts for risk, insurance coverage requirements, and operational issues that could result in unmanageable or excessive risks.
  • Work with operational staff, leadership, and third parties to identify and negotiate contractual terms that meet the interests of all stakeholders.
  • Utilize IT infrastructure to monitor the status of contracts and subcontract Master Agreements.
  • Identify regulatory reporting requirements for new contracts and coordinate with Operations and Accounting to ensure timely compliance.
  • Engage with company advisors, including auditors, bankers, insurance agents, bonding agents, surety company representatives, consultants, and lawyers as needed.
  • Attend industry events and network to keep leadership informed about market changes related to risk management and compliance.

Education and/or Experience:

  • Bachelor’s degree in Business Administration, Paralegal Studies, or a related field, with at least five (5) years of experience managing risk in IDIQ, lump sum, and design-build contracting.
  • Strong communication skills with the ability to interact effectively at all organizational levels.
  • Demonstrated experience as a contract administrator.

Benefits:

  • Salary: $80,000-$110,000 per year
  • Health, dental and vision coverage
  • PTO

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