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MR - Parag Lomate - Contracts Professional

Parag Lomate is an experienced contracts management professional with over 5 years of expertise in FIDIC and bespoke contracts, focusing on risk analysis, claims preparation, and dispute resolution. He has held various roles in prominent companies, including Contracts Engineer at Arabian Construction Company and Deputy Manager at Shapoorji Pallonji LTD, where he managed contract administration and negotiations for projects in the Oil & Gas and Real Estate sectors. Parag holds a Post-Graduation in Quantity Survey and Contracts Management and has published research on ERP performance and risk identification.

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0% found this document useful (0 votes)
18 views3 pages

MR - Parag Lomate - Contracts Professional

Parag Lomate is an experienced contracts management professional with over 5 years of expertise in FIDIC and bespoke contracts, focusing on risk analysis, claims preparation, and dispute resolution. He has held various roles in prominent companies, including Contracts Engineer at Arabian Construction Company and Deputy Manager at Shapoorji Pallonji LTD, where he managed contract administration and negotiations for projects in the Oil & Gas and Real Estate sectors. Parag holds a Post-Graduation in Quantity Survey and Contracts Management and has published research on ERP performance and risk identification.

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Parag Lomate
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Parag Lomate

(+971) 0565719794 / (+91) 8275917688 Abu Dhabi, UAE


[email protected] LinkedIn- lomate®cpcm-530116b9

 Summary
Experienced Contracts management professional with 5+ years specializing in FIDIC and bespoke
contracts, both domestic and international. Skilled in contract review, risk and delay analysis, claims
preparation, negotiations, subcontract management, and dispute resolution. Proven ability to deliver
strategic pre- and post-contract solutions, ensuring compliance and smooth project execution.

 Experience
 Contracts Engineer (HQ) 01/2024 to till date
Arabian Construction Company, Abu Dhabi, UAE
Project Name- Allocated to multiple projects governed by FIDIC and bespoke contract provisions, primarily
within the Oil & Gas and Real Estate sectors, ( encompassing both horizontal and vertical developments).
Roles and Responsibilities
 Conducting detailed reviews of tender documents, identifying potential risks, and providing
mitigation strategies, along with comprehensive risk analyses.
 Engaging with internal stakeholders such as commercial, procurement and technical team to
address critical factors for bid preparation.
 Reviewing and drafting NDAs, RFQs/RFPs, LOAs, and other contractual documents.
 Drafting Subcontract templates, including associated guarantees and compliance requirements
 Participating in contract negotiations for both main contracts and subcontracts.
 Addressing on-site issues and providing guidance for the preparation of time and cost claims.

Deputy Manager (Regional Office) 08/2023 to 01/2024


Shapoorji Pallonji LTD , Pune, India
Project Name-Allocated to multiple projects governed by FIDIC and bespoke contract provisions, primarily
within Metro and Real Estate sectors.
Roles and Responsibilities
 Preparation of bid document for subcontractor/ vendors.
 Claim negotiations for client and vendor.
 Analyzing and preparing the pre-tender review document along with Stakeholder Engagement.
 Leading and hosting the regional risk review committee for west region.
 Assisting the west regional Contracts lead for end-to-end contractual solutions.
 Proving the support to site /site team/site Contract administrator for the critical technical and
strategic issue.
 Preparing, attending the Arbitration and DAB cases.

 Consultant –Assurance (Forensic analysis) 05/2023 to


08/2023
Ernst & Young, Mumbai, India
Roles and Responsibilities
 Claim analysis
 GAP analysis
 Preparation of Extension of time.
 Deputy Manager 08/2022 to 05/2023
Shapoorji Pallonji LTD, Pune, India
Project Name – Pune Metro Rail Project, governed by FIDIC Red Book 1999, with a contract value of INR
600 Cr, and Riverdale Residential Project, governed by a bespoke contract, with a value of INR 500 Cr.
Roles and Responsibilities

 Administration of the Contract


 Preparation of the Delay Analysis and Application for Extension of Time.
 Composition of the Case for the Claim.
 Analyzing the Deviation from the original Scope of the Work.
 Daily Contractual Correspondence.
 Ensures subcontractor compliance with HSEQ Compliance along with Prequalification
requirements.

 Assistant Manager 09/2020 to 08/2022


TATA Projects LTD , Mumbai, India
Project Name – WDFCC Package CTP-11, a 102 km greenfield railway design and build project, governed
by FIDIC Yellow Book, with a contract value of INR 3000 Cr.
Roles and Responsibilities
 Contract administration and execution.
 Preparation of the Delay Analysis and Application for Extension of Time.
 Supported and engaged in the Preparation of cases for DAB and International Arbitration.
 Analyzing and determining the Change of Scope /Variation for vendors.
 Composition of the Case for the Claim.
 End to End Subcontract Management.
 Coordination and Engagement Between Different Government Departments for the
authorizations.
 Ensuring the Smooth working of the Major and Critical Activities.

Additional Responsibility
Interface Management:
 Coordination and Engagement Between Different Government Departments for the
authorizations.
 Ensuring the Smooth working of the Major and Critical Activities.

 Management Trainee –Contracts and Risk 09/2019 to 09/2020


 Administration of the Contract.
 Compliances with the Client observation.
 Interface Between the different teams within the Project.
 Identify the procurement needs and requirements of the Project.
 Preparing the correspondence for the effective execution of the project.
 Education
 Post-Graduation Program: Quantity Survey and Contracts Management from National Institute of
Construction Management and Research (NICMAR), Hyderabad. 2018-
2019
 Master of Technology: Construction Management From Rajarambapu Institute of Technology,
Sangli, Maharashtra. 2015-2017
 Bachelor of Engineering: Civil Engineering From D.Y. Patil College of Engineering and
Technology, Kolhapur, Maharashtra. 2010-2015

 Publication
 Mr. Parag P Lomate,” Performance Assessment of the ERP packages and degree of
customization‟ IJAERD, Volume 4, Issue 3, March -2017.
 Mr. Parag P.Lomate,Dr.A.C.Attar, “Risk Identification, Quantification In Post Implementation of C-

ERP”Volume 4, Issue 6, June -2017.

 Skills ERP system, Primavera P6, Microsoft Project Planning, Microsoft Word, Excel, and PowerPoint.

 Languages
English, Hindi, Marathi.

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