EPC Procurement Specialist (Hybrid)

SOFT's client is looking for a Procurement Specialist with extensive experience in shared-risk contracting strategies, particularly Guaranteed Maximum Price (GMP) contracts and Engineering, Procurement, and Construction (EPC) projects for a long term contract assignment.  This position is primarily remote with occasional on site meetings in MA and NY.  You must have experience in EPC projects to be considered for this role. 

The ideal candidate will have a strong understanding of regulatory requirements, including those set forth by the Federal Energy Regulatory Commission (FERC), a proven track record in developing bid criteria for assessing GMP/EPC proposals, and experience in creating pricing workbooks for GMP/EPC contracts.

Key Responsibilities:
• Assist the project team in implementing procurement strategies that leverage shared-risk contracting models, including GMP/EPC.
• Ensure that all procurement documents and processes are aligned with regulatory compliance standards, including FERC regulations, to mitigate risks and ensure adherence to legal requirements.
• Create and maintain pricing workbooks for GMP/EPC contracts, ensuring accurate and transparent pricing structures that align with project requirements.
• Create and maintain scorecard criteria for evaluating GMP proposals
• Collaborate with cross-functional teams to ensure alignment of procurement strategies with project goals and regulatory compliance.
• Conduct regular reviews of procurement documentation to ensure compliance with applicable regulations and internal policies.
• Monitor and report on procurement performance metrics, identifying areas for improvement and implementing best practices.
• Support the development of procurement policies and procedures regarding shared-risk contracting strategies, which enhance operational efficiency and risk management.
 

Qualifications:
• Bachelor’s degree
• Equivalent experience of 5 years of experience in procurement, with a focus on shared-risk contracting strategies & EPC projects.
• In-depth knowledge of shared-risk GMP contracting methodologies and extensive experience in developing pricing workbooks for GMP contracts.
• Proven experience in developing scorecard criteria for GMP proposal assessment, which maintains compliance to regulatory requirements and standards.
• Strong understanding of regulatory requirements affecting procurement processes, including FERC regulations.
• Excellent negotiation, communication, and interpersonal skills.
• Ability to work collaboratively in a fast-paced, dynamic environment.