Contracts Specialist (Hybrid Remote)

Latitude Inc • Washington, DC

2d • $130,000 - $160,000 • Hybrid

About The Position

We are seeking an experienced Contracts Specialist to manage the full lifecycle of complex federal contracts, including Cost-Plus-Incentive-Fee (CPIF) and Cost-Plus-Fixed-Fee (CPFF) instruments for the FAA. This position is responsible for cradle-to-grave contract administration in support of mission-critical aviation programs, systems engineering, infrastructure modernization, and technical services. The ideal candidate will possess strong knowledge of Federal Acquisition Regulation (FAR), cost-reimbursement contracting, and federal procurement policies, along with demonstrated experience supporting high-visibility, technically complex programs.

Requirements

• Bachelor’s degree from an accredited institution (business, public administration, finance, or related field preferred).
• 3–7+ years of federal contracting experience, including cost-reimbursement contracts (CPIF/CPFF).
• Strong working knowledge of FAR and agency supplements.
• Demonstrated experience in cost analysis, negotiations, and contract modifications.
• Ability to interpret complex regulatory guidance and apply sound business judgment.
• Experience managing contracts for the FAA.

Responsibilities

• Lead acquisition planning activities, including market research and acquisition strategy development.
• Prepare and review Statements of Work (SOW), Performance Work Statements (PWS), Independent Government Cost Estimates (IGCE), and evaluation criteria.
• Develop solicitations (RFPs), amendments, and related procurement documentation.
• Conduct cost and price analysis for CPIF and CPFF proposals.
• Participate in technical and cost evaluation panels and support source selection activities.
• Lead negotiations of cost-reimbursement contracts, including fee structures and incentive arrangements.
• Develop prenegotiation objectives and price negotiation memoranda.
• Ensure compliance with FAR, agency supplements, and applicable federal statutes.
• Prepare and execute contract awards and related documentation.
• Administer full lifecycle contract management, including modifications, funding actions, and incremental funding tracking.
• Monitor contractor performance, fee determinations, and incentive calculations under CPIF structures.
• Review contractor invoices, incurred cost submissions, and provisional billing rates.
• Coordinate with Contracting Officer’s Representatives (CORs), finance, legal, and program offices.
• Process contract modifications related to scope, funding, schedule, or regulatory changes.
• Ensure compliance with FAR Part 15, Part 16 (Cost-Reimbursement Contracts), and agency acquisition policies.
• Support audits, including DCAA or internal reviews, as applicable.
• Maintain complete and accurate contract files in accordance with federal records requirements.
• Manage closeout activities, including final indirect rate settlements and final payment.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level