Principal SC Capital Project Specialist
Listed on 2026-07-14
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Engineering
Procurement / Purchasing
Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.
Position SummaryLead, develop, and execute large‑scale engineering, procurement, & construction (EPC), engineered equipment, and construction services contract project sourcing strategies aligned with business stakeholder priorities. Utilize construction project contract expertise to procure construction EPC/turnkey contracts. Implement strategies to achieve project savings targets. Develop strategies and negotiate commercial terms and contracts with suppliers. Manage risk mitigation and post‑award contract management plans, including KPIs and supplier reviews to optimize successful project execution.
Provide peer‑level coaching and guidance support to other sourcing specialists upon request or as directed by manager. With leadership, engage in the BU project planning process to ensure timely deployment of category‑level strategies and securing necessary lead time to support project‑directed sourcing activities.
- Execute contracting and procurement strategy/tactics for large‑scale capital projects, sourcing for high value, complex goods and services. Develop cost models and project justifications. Lead the process to define technical bid requirements, specifications, and specialized terms & conditions. Execute bidding events. Lead bid evaluation teams to analyze proposals and award business. Coordinate with Category Management to leverage scale for recurring purchase opportunities and value capture.
- Apply expert contract knowledge, diligence, and integration of all contract components to ensure efficient project delivery management. Lead the development, refinement, and application of the project delivery contracting strategy for assigned projects. Ensure contractor training and compliance with corporate policies and procedures.
- Develop complex contract negotiation strategies and plans to facilitate negotiation of contracts representing company interests in purchases associated with large‑scale capital projects. Analyze, verify, and negotiate modifications, changes, or additional work orders that were not part of the original contract or purchase scope. Resolve disputes and contract adjustments with critical suppliers and internal stakeholders.
- With leadership, engage in the BU project planning process to ensure timely deployment of category‑level strategies and securing necessary lead time to support project‑directed sourcing activities. Create and manage project plans for sourcing goods and services. Integrate sourcing and business project plans to develop enterprise‑wide standardization of technology and equipment specifications. Deepen relationships with stakeholders and communicate sourcing project status. Execute post‑award contract management plans, including KPI development.
Review with suppliers that contractor commitments and progress milestones are tracked in accordance with contractual terms & conditions and full project value is achieved. - Lead post‑award contract management plans. Manage supplier performance to ensure commitments and progress milestones are met. Collaborate with Category Managers to support project needs in alignment with category strategies. Manage critical supplier relationships.
- Develop and lead capital project risk management strategies. Apply expert contract law knowledge to administer project contract agreements and contractual forms. Manage contract risk and assemble documentation to obtain project specific insurance. Limit company liability by ensuring proper documentation.
- Provide peer‑level coaching and guidance to other sourcing professionals as they develop their contract management skills. Provide expert knowledge industry relevant advice and training to less experienced sourcing professionals through various hands‑on and classroom type methods.
- Bachelor’s degree in Supply Chain Management, Engineering, Construction…
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