The Role

The Commercial Cost Assurance Lead will be the strategic lead for auditing of all Transport for Wales' (TfW) Commercial Infrastructure contracts. The role is crucial to ensuring the consistent, accurate administration of all TfW Commercial Infrastructure Contracts across the portfolio of works in accordance with the terms and conditions of the relevant contracts and TfW's Commercial procedures and policies.

Role Responsibilities

• Lead the negotiation of complex cost assurance matters in relation to commercial contracts by attaining and reviewing data from the supply chain and TfW's demonstrating contractual entitlement, to ensure TfW remains compliant from a Welsh Audit Office perspective and ensures TfW attains value for money is concluding payment entitlement with its supply chain, this focuses on both payment and variation / change entitlement in the main.
• Lead the negotiation of complex cost assurance matters associated with people cost audits to ensure payments are made in line with TfW's contracts. This will be done by attaining and reviewing data from the supply chain (noting GDPR compliance requirements) and TfW's demonstrating contractual entitlement to ensure TfW remains compliant from a Welsh Audit Office perspective and ensures TfW attains value for money is concluding payment entitlement with its supply chain.
• Comply with and suggest positive changes to the TfW Commercial policies and procedures and lead the enhancement and creation of Infrastructure Projects specific governance requirements. The role will do this by reviewing and challenging existing policies and procedures to ensure they are fit for purpose and are acting in the best interest of delivering TfW's Infrastructure Projects.
• Drive innovation in the Commercial Contracts directorate by looking to develop / establish the utilisation of software such as Built Information Modelling (BIM) and Artificial Intelligence (AI), linking both back to commercial cost data. The role will do this by engaging with the wider market and similar organisations to ensure to understand wider industry strategies to allow TfW automates its processes to be commercially as efficient as possible in assuring cost data.
• Record and relay key messages and relevant information regarding the cost assurance performance of TfW's commercial contracts by working with the Infrastructure and Commercial Senior Leadership Teams to ensure the Cost assurance goals of TfW's Infrastructure Projects are understood and achieved, driving value for money for TfW and the Welsh taxpayer.
• Support resolution of commercial disputes of TfW's Commercial contracts avoiding where possible formal dispute procedures. The role will do this by meeting with the supply chain and TfW's project team astutely understanding and relaying the terms of the contract to allow key decisions to be made that benefit TfW. This will ensure TfW remains compliant with all relevant legislation and all decisions are made with the Welsh taxpayer at the forefront of TfW's mind.