Saikat Khan
Chief Manager- Cost & Contracts | MRICS | Cost Control | Contractual risk & advisory | Commercial & Claim Management | Tendering and Procurement | Infra: Highways, Bridges, Power T&D |Ex-L&T |Ex- WSP | Resonia
- Role
- Chief Manager- Contract & Commercial at Sterlite Electric
- Location
- Gurugram, HR, IN
- LinkedIn followers
- 500 followers
About Saikat Khan
MRICS-certified Quantity Surveyor with 10+ years of experience in cost, contracts, and…
Experience
Chief Manager- Contract & Commercial
Apr 2025 — Present · Gurugram, IN
Lead the cost and contract management for large-scale power transmission and substation projects executed through EPC vendors.Drafted and finalized EPC contracts (LSTK and Admeasurement modes), including payment terms, milestone structures, and contract conditions.Ensured end-to-end contract lifecycle management including obligation tracking, change control, and compliance with FIDIC standards.Reviewed and validated claims raised by EPC contractors in line with contractual provisions and led resolution strategies.Prepared monthly cost of goods sold (CoGS) data, cash flow (CF) statements, and letter of credit (LC) requirement forecasts.Developed and updated Estimated at Completion (EAC) forecasts on a quarterly basis, ensuring alignment with financial and operational targets.Monitored project budgets against actual expenditures; tracked variances to inform senior leadership.Prepared annual budget statements and financial outlooks as part of the Annual Operating Plan (AoP) process.Played a key role in commercial strategy formulation and vendor negotiations to optimize cost and manage financial risk.
Education
Indian Institute of Engineering Science and Technology (IIEST), Shibpur
Bachelor of Engineering - BE, Civil Engineering
2011 — 2015
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