Principal Technology Spec; IT Contracts and Procurement Admin

Principal Technology Spec (IT Contracts and Procurement Admin) Company Overview

CB&I® is the world’s leading designer and builder of storage facilities, tanks and terminals. With more than 60,000 structures completed throughout our 135+ year history, we have the global expertise and strategically‑located operations to provide customers world‑class storage solutions for even the most complex energy infrastructure projects.

The Information Technology (IT) Contracts and Procurement Administrator is responsible for three functions: IT Contract Administration, IT Procurement Administration, and IT Cost Analysis. IT Contract Administration manages all aspects of technology‑related contracts; IT Procurement Administration handles purchasing of IT equipment, software and services; and IT Cost Analysis tracks and analyzes costs associated with IT operations.

• Contract Drafting and Negotiation:
  Develop and draft IT contracts with vendors, including service level agreements, software licensing agreements, hardware purchase agreements, and cloud service contracts, ensuring accurate terms and conditions are included.
• Contract Review and Compliance:
  Analyze proposed contracts from vendors, identify potential risks, and negotiate terms to protect company interests while maintaining compliance with legal regulations.
• Contract Management System:
  Utilize contract management software to maintain comprehensive contract records, track key milestones, and monitor contract performance against agreed‑upon deliverables.
• Vendor Management:
  Establish relationships with vendors, manage communication, and address any contractual issues that may arise during the project lifecycle.
• Change Order Management:
  Review and approve change orders to existing contracts, ensuring proper documentation and financial implications are considered.
• Dispute Resolution:
  Facilitate resolution of contractual disputes with vendors by collaborating with legal teams and internal stakeholders.
• Risk Assessment:
  Identify potential risks associated with IT contracts and implement mitigation strategies to minimize exposure.
• Reporting and Analysis:
  Generate regular reports on contract status, key performance indicators, and potential cost saving opportunities.
• Collaboration with Internal Teams:
  Work closely with IT project managers, procurement teams, legal counsel, and business stakeholders to ensure alignment with project objectives and contract terms.

• Gathering IT requirements:
  Collaborate with IT users and stakeholders to identify and document technology needs, including hardware, software and services.
• Vendor management:
  Research and evaluate potential IT vendors, negotiate pricing, contract terms, and service level agreements.
• Purchase order creation:
  Generate and process purchase orders for IT equipment and services, ensuring accurate specifications and delivery timelines.
• Contract management:
  Maintain and monitor IT vendor contracts, ensuring compliance with terms and conditions.
• Cost analysis:
  Track and analyze IT procurement spending to identify cost‑saving opportunities.
• Inventory management:
  Maintain accurate records of IT assets, including tracking usage, lifecycle and disposal.
• Compliance management:
  Ensure adherence to company procurement policies, legal regulations and data privacy standards.
• Supplier relationship management:
  Build and maintain strong relationships with key IT vendors.
• Reporting and analysis:
  Generate reports on procurement activities, including spending trends and vendor performance.
• Stakeholder communication:
  Communicate procurement updates and status to IT users and management.

• Cost Tracking and Analysis:
  Monitor and analyze IT expenses across different categories such as hardware purchases, software licenses, network maintenance and staff costs. Identify variances between budgeted costs and actual spending, investigate root causes and propose corrective actions. Develop cost models to estimate future IT project expenses and potential cost savings.
• Budgeting and Forecasting:
  Collaborate with IT leadership to develop and maintain accurate IT budgets. Prepare detailed…