Principal Supply Chain Major Capital Project Specialist

Xcel Energy•Denver, CO

4d•$112,200 - $159,400•Hybrid

About The Position

Lead, develop, and execute sourcing strategies for large-scale engineering, procurement, and construction (EPC) projects, engineered equipment, and construction services contracts, aligned with business stakeholder priorities. Use construction project contract expertise to procure construction EPC and turnkey contracts, meet project savings targets, develop and negotiate supplier commercial terms and contracts, and manage risk mitigation and post-award contract plans. Provide peer-level coaching and guidance to other sourcing specialists as requested or directed by a manager. Work with leadership and business units (BUs) on project planning to deploy category strategies on time and secure lead time for project-directed sourcing activities. The role executes contracting and procurement strategies for high-value, complex capital-project goods and services; develops should-cost models and project justifications; defines technical bid requirements, specifications, and specialized terms and conditions; runs bidding events; and leads bid evaluations and awards. It applies expert contract knowledge to support project delivery, contractor training and policy compliance, complex negotiations, changes and work orders, and resolution of disputes and contract adjustments. The specialist creates and manages sourcing project plans, integrates sourcing and business plans, supports standardization of technology and equipment specifications, communicates project status, and manages supplier relationships and performance against contractual commitments and milestones. The position also leads capital-project risk management, administers project agreements and contract forms, obtains project-specific insurance documentation, and helps limit company liability. Travel may be required up to 20%. The role supports a hybrid work model; many roles are expected to work onsite three days per week, though expectations vary by role, team, and business needs.

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 skills, 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.
Ability to travel up to 20%.
Valid driver’s license.

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 involving 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 through proposal analysis and award decisions.
Coordinate with Category Management to leverage scale for recurring purchases and capture value.
Develop, refine, and apply project delivery contracting strategies; apply contract expertise to support efficient project delivery and ensure contractor training and compliance with company policies and procedures.
Develop complex contract negotiation strategies and negotiate contracts 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.
Engage in BU project planning with leadership to deploy category strategies on time and secure necessary lead time for project-directed sourcing.
Create and manage sourcing project plans; integrate sourcing and business plans to develop enterprise-wide standardization of technology and equipment specifications; communicate sourcing project status and build stakeholder relationships.
Execute and lead post-award contract management plans, including KPI development; track supplier and contractor commitments and milestones against contractual terms and project value goals.
Manage supplier performance and critical supplier relationships, collaborating with Category Managers to align project needs with category strategies.
Develop and lead capital-project risk management strategies; administer project agreements and contractual forms; obtain project-specific insurance documentation and limit company liability through proper documentation.
Coach and guide other sourcing professionals and provide industry-relevant advice and training through hands-on and classroom methods.