Principal Supply Chain Major Capital Project Specialist

Xcel Energy•Denver, CO

3d•$112,200 - $159,400•Hybrid

About The Position

Lead, develop, and execute sourcing strategies for large-scale engineering, procurement, and construction (EPC) contracts, engineered equipment, and construction services, aligned with business stakeholder priorities. Use construction project contract expertise to procure construction EPC/turnkey contracts, achieve project savings targets, negotiate supplier commercial terms and contracts, and manage risk mitigation and post-award contract plans. Provide peer-level coaching and guidance to sourcing specialists. Work with leadership in business-unit project planning to deploy category strategies on time and secure the lead time needed for project-directed sourcing. The role leads sourcing and contracting for high-value, complex goods and services associated with capital projects. It develops cost models and project justifications; defines bid requirements and specialized contract terms; manages bidding, proposal evaluation, and awards; and applies contract expertise to support efficient project delivery. The specialist develops negotiation and risk-management strategies, administers complex contracts, resolves disputes and changes, manages supplier performance and relationships, and coordinates sourcing and business project plans. The position also supports standardization of technology and equipment specifications and provides training and coaching to less experienced sourcing professionals. The position requires a bachelor's degree in a relevant field and eight years of advanced contracting or sourcing experience, as well as project management experience. Travel is up to 20%, and a driver's license is required. Xcel Energy supports a hybrid work model; many roles work onsite three days per week, though expectations vary by role, team, and business needs. The anticipated starting base pay is $112,200 to $159,400 per year.

Requirements

Bachelor’s degree in Supply Chain Management, Engineering, Construction Management, Business, or a related technical or analytical field.
Eight years of advanced contracting or sourcing experience.
Project management experience.
Expert contract knowledge, negotiation, and project management skills.
Advanced expertise in sourcing and supply chain management principles.
Proficiency in Microsoft Office Suite and significant experience with purchasing and sourcing systems.
Results-oriented and customer-focused approach.
Strong interpersonal, relationship, and presentation skills.
Up to 20% travel; a driver's license is required.

Nice To Haves

Experience developing, negotiating, and administering EPC contracts for large-scale capital projects, including commercial risk allocation, pricing structures, scope management, change orders, and contract claims resolution.
MBA.
Certified Professional in Supply Chain Management (CPSM) or another supply chain certification.

Responsibilities

Execute contracting and procurement strategies for large-scale capital projects and source high-value, complex goods and services.
Develop should-cost models and project justifications.
Lead definition of technical bid requirements, specifications, and specialized terms and conditions; execute bidding events and lead bid evaluation teams to analyze proposals and award business.
Coordinate with Category Management to leverage scale for recurring purchases and capture value.
Apply expert contract knowledge and integrate contract components to support efficient project delivery management.
Lead development, refinement, and application of project-delivery contracting strategies for assigned projects.
Ensure contractor training and compliance with corporate policies and procedures.
Develop complex contract negotiation strategies and plans that represent company interests in capital project purchases.
Analyze, verify, and negotiate modifications, changes, and additional work orders outside the original contract or purchase scope.
Resolve disputes and contract adjustments with critical suppliers and internal stakeholders.
Participate with leadership in business-unit project planning to deploy category strategies on time and secure necessary sourcing lead time.
Create and manage project plans for sourcing goods and services; integrate sourcing and business project plans to support enterprise-wide standardization of technology and equipment specifications.
Build stakeholder relationships and communicate sourcing project status.
Execute post-award contract management plans, including KPI development, and review supplier commitments and progress milestones against contractual terms and project value objectives.
Manage supplier performance and critical supplier relationships, collaborating with Category Managers to support project needs in alignment with category strategies.
Develop and lead capital project risk-management strategies; administer project contract agreements and forms using expert contract law knowledge.
Manage contract risk and assemble documentation to obtain project-specific insurance; limit company liability through proper documentation.
Coach and guide other sourcing professionals, including providing hands-on and classroom-style industry advice and training.