Contract Specialist

TriCore Reference Laboratories•Albuquerque, NM

12d•Onsite

About The Position

The Contract Specialist is responsible for coordinating and managing all aspects of contract administration within a department. This role includes negotiating, drafting, monitoring, and evaluating contracts to ensure accuracy, effectiveness, and compliance with applicable federal, state, and county regulations, as well as organizational policies.

Requirements

Knowledge of Contracting and Procurement processes and terminology.

Responsibilities

Independently leads and executes the full contract lifecycle management of complex contracts for the department, including solicitation, negotiation, execution, administration, performance monitoring, and closeout.
Exercises sound judgment in interpreting and applying federal, state, and local regulations, mitigating contractual and financial risk, and ensuring compliance with organizational policies.
Coordinates all steps for bids, quotes and request for proposal process.
Provide technical assistance to vendors regarding contract inquiries, business owner’s expectations, and contract requirements.
Serves as a primary resource and advisor to internal stakeholders and vendors, and as a key liaison with Legal, Strategy, and Purchasing to ensure timely, compliant, and effective contract execution in support of operational and capital objectives.
Track and manage contractual requirements related to scope of work (SOW) refinement, operational activities, and capital projects to ensure accuracy and regulatory compliance.
Research and remain current on available cooperative procurement resources.
Conduct regular review and revision of contract management policies and procedures to ensure continued effectiveness, compliance, and alignment with regulatory and organizational requirements.
Develop and deliver training to ensure personnel understanding and consistent application of contract management policies, procedures, and system functionality.
Coordinate all phases of contract preparation and administration, including vendor contracts, professional services agreements, laboratory services agreements, leases, change orders, amendments, licenses, memorandum of understanding, and other contractual arrangements.