Job Description - Private Finance Initiative Contract Manager (047389)
Organisation
Job
- Contract Management
Position Type - Full Time
Salary – Circa £90,000
Location – Southwark, London SE1, with hybrid working
(Hybrid working within this role enables a balance of 50 per cent of time split between the office and home over a 4-week period. Hybrid working arrangements can evolve subject to business requirements)
Contract Type – TfL
Overview of project/role
Network Management & Resilience (NMR) is the strong heartbeat of TfL Operations and works at the centre of TfL's many modes. We have a huge role in delivering TfL’s and Operations' goals.
The Private Finance Initiative Contracts team manages the contractual relationship between TfL and Road Management Services (RMS) for the A13 DBFO (Design, Build, Finance and Operate) contract and, from 2025, the contractual relationship between TfL and Riverlinx, for the Silvertown Tunnel (once opened).
As the Private Finance Initiative Contract Manager, you’ll strive to obtain maximum commercial and service value, for TfL and our customers, from our PFI highway contracts. You’ll develop, implement, and regularly review our strategy for managing the PFI contracts, ensuring the PFI concessionaire delivers against requirements and are held to account when service levels are not achieved.
You’ll be the main point of contact between the PFI Concessionaire and TfL, responsible for all contract matters arising during the operations and maintenance period, including payment, change, service performance and achieving appropriate hand back.
You’ll be accountable for the A13 Contract, value circa £1bn, and the Silvertown Tunnel Contract, value circa £1bn. Both are vital transport corridors for London - the A13 is one of the busiest corridors and the Silvertown Tunnel will provide much needed capacity in river crossings in East London.
Key Accountabilities
* Being the TfL expert for the operation and maintenance period of highway PFI contracts
* Ensuring the long term PFI Concessionaire Service Performance levels are managed in accordance with the Contract, to ensure optimum capacity levels and the best commercial value for TfL
* Developing the Assets strategy for 'Hand back' to TfL, working in partnership with the Concessionaires this will ensure the assets are in an appropriate State of Good Repair and that service levels are specified and set as required under the duty of the contract
* Setting the strategic residential and infrastructure development programme along the Eastern Corridor, including Collaboration with Barking Riverside, Gospel Oak to Barking, Silvertown Tunnel, Belverdere and Galleons Reach bridges by working with City Planning, Finance Directorate, and Strategy and Network Development
* Producing, negotiating and approving contract changes with the Concessionaires and third parties (e.g. Developers, Boroughs), ensuring best value for TfL, and challenging and validating the Concessionaires' cost evaluation
* Managing and forecasting payments to the Concessionaires and informing the TfL financial and Business Planning processes accordingly
* Agreeing the works strategy for any major works (e.g. bridge replacements) ensuring feasibility, design and construction plans are appropriate. There are significant cost, programme and reputational risks to TfL within this programme
* Leading the PFI Contract Management Team, holding the Concessionaires to account by setting the governance approach, whilst ensuring TfL values and behaviours are promulgated through the team
* Providing a clear vision and direction by building a high performing team through the effective management, development and empowerment of staff, whilst role modelling the TfL Behaviours
Skills, Knowledge & Experience
Skills
* Internal and External Stakeholder Negotiation (Expert) (Essential)
* Contract and Assurance Compliance (Expert) (Essential)
* Contract Performance Management (Expert) (Essential)
* Asset strategy and plans (Expert) (Essential)
* Highway maintenance and management, including legislation (Expert) (Essential)
* Business Process Improvement (Practitioner) (Highly desirable)
* Change Management (Practitioner) (Highly desirable)
Knowledge
* Comprehensive knowledge of PFI and NCE contract management with formal contract management training (Essential)
* Degree or equivalent level in Asset Management, Engineering, Economics or a similar area or equivalent experience (Essential)
* Comprehensive knowledge of highways, structures and tunnels asset management and maintenance (Essential)
* Comprehensive knowledge of setting, monitoring and applying contractual performance metrics (Essential)
* Understanding of transport issues affecting London’s road network and of the management and operation of a road network to deliver objectives (Essential)
* Comprehensive knowledge of contractual Change Management processes and procedures (Essential)
* Good understanding of infrastructure construction practices (Highly desirable)
* Good understanding of financial management and accounting (Highly desirable)
Experience
* Successful PFI Contract management and service performance management (Essential)
* Engaging at Board Level in Public or Private Sector (Essential)
* Commercial negotiation and managing Contract Change (Essential)
* Management of budgets >£50m per annum (Essential)
* Highways construction and maintenance (Essential)
* Tunnels operations and maintenance (Essential)
* Managing and leading a team (Highly desirable)
Equality, diversity and inclusion
We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria. We also use anonymising software that removes identifying information from CVs and cover letters to make the process fair.
Application Process
* Please apply using your CV and a two-page covering letter
* Think carefully about the skills, knowledge and experience in the advert and cover this in your CV and cover letter
* PDF format preferred and do not include any photographs or images
The closing date for applications is 23 January 2025 @ 2359
In return for your commitment and expertise, you will enjoy excellent benefits and scope to grow. Rewards vary according to the business area but mostly include:
* Final salary pension scheme
* Free travel for you on the TfL network
* Reimbursement of 75% of the cost of a standard class Ticket for National Rail travel from home or 75% reimbursement on a 28-day flexi ticket
* 30 days annual leave plus public and bank holidays
* TfL is committed to work-life balance, operating a hybrid working approach where business and role requirements allow
* Tax-efficient cycle-to-work programme
* Retail, health, leisure and travel offers
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