Contracts Principal

General Dynamics Ordnance & Tactical Systems•Lincoln, NE

About The Position

The Contracts Principal participates in the development and fulfillment of contract requirements related to the purchase or sale and delivery of equipment, materials, products, or services. The role evaluates contract compliance and advises others on contractual rights and obligations; requests or approves amendments to contract terms or extensions; prepares bids and requests for proposals, including specifications and requirements; and negotiates contract terms and participates in determining acceptable bids. This role requires specialized depth or breadth of expertise in its discipline, using advanced techniques, theories, and processes. The Contracts Principal leads others in solving complex problems and works independently, with guidance in only the most complex situations. The position may lead functional teams or projects and requires consistent discretion and judgment. The Contracts Principal develops, prepares, and administers contracts, bids, and proposals that meet specifications and comply with applicable policies and regulations. The role supports or participates in negotiations with suppliers, partners, or customers; reviews contract terms for potential risks or compliance issues; examines supporting materials and agreement documents and provides guidance; serves as a liaison with subcontractors to implement contracts; and maintains records to support compliance with reporting and regulatory requirements.

Requirements

Associate's degree and 8–10 years of experience, or an equivalent combination of relevant education and experience.
Proficiency in Microsoft Office, including Excel, Word, and PowerPoint.

Nice To Haves

Bachelor's degree, preferably in Finance or Business.
Organizational skills.
Oral and written communication skills.
Attention to detail.
Leadership skills.
Knowledge of contract compliance, contract lifecycle management, contract negotiation, contract administration, and contract review.

Responsibilities

Develop, prepare, and administer contracts, bids, and proposals that meet specifications and comply with policies and regulations.
Support or participate in contract negotiations with suppliers, partners, or customers.
Review contract terms to identify potential risk or compliance issues.
Examine supporting materials and agreement documents related to bids or contracts and provide guidance.
Act as a liaison between the organization and subcontractors to implement contracts.
Maintain contract records to ensure compliance with reporting and regulatory requirements.
Evaluate contract compliance and advise others on contractual rights and obligations.
Request or approve amendments to contract terms or contract extensions.
Prepare bids or requests for proposals, including specifications and requirements, and participate in determining acceptable bids.