Contract & Procurement- MEP at L&T Finance

Job Description

SECTION I: BASIC INFORMATION
Job Family	Contract and Procurement	Role	Team Member- MEP and Utilities

Reporting to:

Team Lead- MEP and Utilities

Workplace Classification

Site

SECTION II: ROLE SUMMARY (Purpose of the Role)

The Team Member – MEP & Utilities supports procurement and contract management for MEP systems and utility services across projects. The role focuses on assisting in tendering, technical and commercial evaluation, contract documentation, and coordination with project and engineering teams to ensure timely and cost-effective award of MEP packages.

SECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES
Financial / Functional Perspective	? Support cost optimization for MEP and utility packages through benchmarking and negotiations ? Assist in controlling project costs through contract and variation tracking ? Support budgeting and cost planning for MEP and utility works ? Track financial impact of variations and change orders
Customer Perspective	? Support project and technical teams in procurement of MEP packages ? Build working relationships with MEP contractors, OEMs, and service providers ? Ensure transparent and timely procurement processes ? Support timely award of MEP contracts in line with project schedules
Internal Process Perspective	? Support execution of procurement strategy and contract packaging for MEP and utilities ? Assist in tendering, technical evaluation, and commercial negotiations ? Prepare and review MEP and utility contracts and work orders ? Coordinate with design, engineering, and project teams ? Track contract execution, variations, and claims ? Maintain approved vendor and OEM databases ? Ensure compliance with company procurement policies and procedures
Learning & Growth / Developmental Perspective	? Develop technical and commercial skills in MEP procurement ? Learn and apply best practices and standard specifications ? Stay updated on technologies, materials, and market trends in MEP systems ? Contribute to continuous improvement initiatives

SECTION IV: KNOWLEDGE & EXPERIENCE
KNOWLEDGE
Minimum Qualifications	BE / B.Tech (Mechanical / Electrical)
Language Skills	English National (Preferred) Regional (Desirable)
EXPERIENCE
Years of Experience
Nature of Experience	Exposure to procurement of HVAC, electrical systems, fire fighting, ELV, STP, WTP, and other utility systems including contract documentation and vendor coordination.

SECTION V: TECHNICAL & LEADERSHIP / BEHAVIORAL SKILLS REQUIRED TO EXECUTE THE ROLE
SKILLS
Technical Skills (if available)	Ability to utilize knowledge of existing procurement policies and SOPs to issue, manage, and monitor purchase orders for materials, services, and equipment with vendors, ensuring that all transactions align with project specifications and organizational requirements Ability to utilize knowledge of prevailing market rates for materials, manpower /labor, and services to conduct cost benchmarking, assess and pre-empt price fluctuations, negotiate competitive contracts and ensure project cost efficiency while adhering to project specifications and budget for effective financial planning and execution Ability to understand the vendor landscape, including vendor capabilities, vendor performance criteria (pricing, quality, timelines, compliance with standards, past performance etc.) and lifecycle costing, to assess and select vendors, ensuring optimal vendor selection that aligns with organizational requirements and operational goals Ability to utilize knowledge of database management systems, business intelligence tools, data analytics, and reporting frameworks to design and implement efficient MIS processes, ensuring accurate data integration, real-time reporting, and actionable insights that support strategic decision-making, monitor organizational performance, and enhance operational efficiency Ability to understand, interpret, and apply L&T’s internal Procure?to?Pay (P2P) guidelines across all procurement?related activities, ensuring that sourcing, evaluation, onboarding, contracting, approvals, documentation, and payments are executed strictly in line with organizational policies and controls.
Leadership / Behavioral Skills (if available)	NA

Frequently Asked Questions

What are the eligibility criteria for the Contract & Procurement- MEP job at L&T Finance?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 10-15 Years years of relevant experience expected for this role.

What are the primary responsibilities of a Contract & Procurement- MEP at L&T Finance?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Contract & Procurement- MEP at L&T Finance.

Is prior experience required for this position?

This role requires around 10-15 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.

How do I apply for the Contract & Procurement- MEP role at L&T Finance?

You can apply directly using the Apply Now button on this page, which will take you to L&T Finance's application process for this role.

Contract & Procurement- MEP

L&T Finance — Powai, TINSUKIA

Job Description

Frequently Asked Questions