Contract Consultant

American Electric Power•Columbus, OH

1d•$87,000 - $106,000•Onsite

About The Position

The Contract Consultant negotiates, drafts, and administers supplier contracts of moderate complexity in coordination with Legal and internal stakeholders, helping protect AEP’s interests. The role reports on the health of assigned contracts to department and company leadership and participates in developing and approving contracting strategies. It also ensures compliance with applicable statutes, regulations, company policies, and contractual obligations. The position provides consultative, analytical, and contract-administration support for commercial operations and senior management. It handles contract risk assessments and mitigation strategies, supplier performance criteria, agreement amendments, negotiations, vendor claims and settlements, and documentation related to Company force majeure events. The role also prepares deal summaries and maintains records and reports needed for corporate and Contract Administration requirements.

Requirements

Bachelor’s degree in a related field and 4 years of relevant work experience; alternatively, an Associate’s degree in a related field and at least 6 years of relevant work experience; or, in lieu of an Associate’s degree, a high school diploma or equivalent and at least 8 years of relevant work experience.
Significant experience in a moderate range of subject categories relevant to areas of contract responsibility.
Ability to apply problem-solving skills and creativity in problem solving.

Nice To Haves

Advanced degree, such as a Master of Business Administration, law degree, or global equivalent.
Six years of contract administration, subcontract administration, and procurement experience.
Experience developing and negotiating contract terms and conditions for services, construction, engineering, materials, and equipment installation contracts.
Experience administering Request for Proposal/Request for Quotation processes.
Experience with work changes, claims evaluation, and negotiation.
Experience with Contract Lifecycle Management systems.

Responsibilities

Draft and negotiate contract terms and conditions, analyze commercial proposal sections and scopes of work, and coordinate with Legal, risk management, project controls, construction, engineering, finance/accounting, and suppliers.
Prepare, maintain, retrieve, and communicate records, reports, and documents required for corporate and Contract Administration requirements.
Provide consultative, analytical, and contract-administration support for commercial operations and senior management.
Protect the Company’s interests by enforcing warranties and mitigating risk.
Perform assigned portfolio work, conduct contract risk assessments, and formulate mitigation strategies.
Develop supplier performance criteria and service levels aligned with business requirements.
Manage and oversee amendments to existing agreements using various models.
Lead negotiations through strategy development and issue recognition, and escalate issues for moderate to complex negotiations.
Analyze vendor claims and lead settlement negotiations involving issues such as changes in law and governmental impositions.
Coordinate, prepare, and track documents to declare, close, and quantify the impact of Company force majeure events.
Ensure work activities comply with company policies, practices, standards, and rules.
Draft deal summaries for assigned contracts.
Perform other duties as assigned.