Procurement Specialist (Shared Risk, Engineering, Procurement & Construction)
Full Job Description
JOB TITLE: Procurement Specialist (Shared Risk, Engineering, Procurement and Construction)
JOB LOCATION: Waltham, MA (hybrid)
WAGE RANGE*: $50-52/hr.
JOB NUMBER: NGGJP00016159
Required Experience
* Equivalent experience of 5 years of experience in procurement, with a focus on shared-risk contracting strategies & EPC projects.
* In-depth knowledge of shared-risk GMP contracting methodologies and extensive experience in developing pricing workbooks for GMP contracts.
* Proven experience in developing scorecard criteria for GMP proposal assessment, which maintains compliance to regulatory requirements and standards.
* Strong understanding of regulatory requirements affecting procurement processes, including FERC regulations.
* Excellent negotiation, communication, and interpersonal skills.
* Ability to work collaboratively in a fast-paced, dynamic environment.
JOB DESCRIPTION:
Position Overview:
We are seeking a Procurement Specialist with extensive experience in shared-risk contracting strategies, particularly Guaranteed Maximum Price (GMP) contracts and Engineering, Procurement, and Construction (EPC) projects. The ideal candidate will have a strong understanding of regulatory requirements, including those set forth by the Federal Energy Regulatory Commission (FERC), a proven track record in developing bid criteria for assessing GMP/EPC proposals, and experience in creating pricing workbooks for GMP/EPC contracts.
Key Responsibilities:
* Assist the project team in implementing procurement strategies that leverage shared-risk contracting models, including GMP/EPC.
* Ensure that all procurement documents and processes are aligned with regulatory compliance standards, including FERC regulations, to mitigate risks and ensure adherence to legal requirements.
* Create and maintain pricing workbooks for GMP/EPC contracts, ensuring accurate and transparent pricing structures that align with project requirements.
* Create and maintain scorecard criteria for evaluating GMP proposals
* Collaborate with cross-functional teams to ensure alignment of procurement strategies with project goals and regulatory compliance.
* Conduct regular reviews of procurement documentation to ensure compliance with applicable regulations and internal policies.
* Monitor and report on procurement performance metrics, identifying areas for improvement and implementing best practices.
* Support the development of procurement policies and procedures regarding shared-risk contracting strategies, which enhance operational efficiency and risk management.
Qualifications:
* Bachelor's degree
Equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities
* While an hourly range is posted for this position, an eventual hourly rate is determined by a comprehensive salary analysis which considers multiple factors including but not limited to: job-related knowledge, skills and qualifications, education and experience as compared to others in the organization doing substantially similar work, if applicable, and market and business considerations. Benefits offered include medical, dental and vision benefits; dependent care flexible spending account; 401(k) plan; voluntary life/short term disability/whole life/term life/accident and critical illness coverage; employee assistance program; sick leave in accordance with regulation. Benefits may be subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions.
JOB LOCATION: Waltham, MA (hybrid)
WAGE RANGE*: $50-52/hr.
JOB NUMBER: NGGJP00016159
Required Experience
* Equivalent experience of 5 years of experience in procurement, with a focus on shared-risk contracting strategies & EPC projects.
* In-depth knowledge of shared-risk GMP contracting methodologies and extensive experience in developing pricing workbooks for GMP contracts.
* Proven experience in developing scorecard criteria for GMP proposal assessment, which maintains compliance to regulatory requirements and standards.
* Strong understanding of regulatory requirements affecting procurement processes, including FERC regulations.
* Excellent negotiation, communication, and interpersonal skills.
* Ability to work collaboratively in a fast-paced, dynamic environment.
JOB DESCRIPTION:
Position Overview:
We are seeking a Procurement Specialist with extensive experience in shared-risk contracting strategies, particularly Guaranteed Maximum Price (GMP) contracts and Engineering, Procurement, and Construction (EPC) projects. The ideal candidate will have a strong understanding of regulatory requirements, including those set forth by the Federal Energy Regulatory Commission (FERC), a proven track record in developing bid criteria for assessing GMP/EPC proposals, and experience in creating pricing workbooks for GMP/EPC contracts.
Key Responsibilities:
* Assist the project team in implementing procurement strategies that leverage shared-risk contracting models, including GMP/EPC.
* Ensure that all procurement documents and processes are aligned with regulatory compliance standards, including FERC regulations, to mitigate risks and ensure adherence to legal requirements.
* Create and maintain pricing workbooks for GMP/EPC contracts, ensuring accurate and transparent pricing structures that align with project requirements.
* Create and maintain scorecard criteria for evaluating GMP proposals
* Collaborate with cross-functional teams to ensure alignment of procurement strategies with project goals and regulatory compliance.
* Conduct regular reviews of procurement documentation to ensure compliance with applicable regulations and internal policies.
* Monitor and report on procurement performance metrics, identifying areas for improvement and implementing best practices.
* Support the development of procurement policies and procedures regarding shared-risk contracting strategies, which enhance operational efficiency and risk management.
Qualifications:
* Bachelor's degree
Equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities
* While an hourly range is posted for this position, an eventual hourly rate is determined by a comprehensive salary analysis which considers multiple factors including but not limited to: job-related knowledge, skills and qualifications, education and experience as compared to others in the organization doing substantially similar work, if applicable, and market and business considerations. Benefits offered include medical, dental and vision benefits; dependent care flexible spending account; 401(k) plan; voluntary life/short term disability/whole life/term life/accident and critical illness coverage; employee assistance program; sick leave in accordance with regulation. Benefits may be subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions.
Job Information
Job Category:
Other
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