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 is responsible for managing and overseeing all aspects of technology-related contracts, including drafting, negotiating, reviewing, and ensuring compliance with terms, by working closely with internal teams and external vendors to guarantee smooth implementation and execution of IT projects while adhering to legal and company policies; essentially acting as a liaison between the IT department and legal teams to manage contractual obligations within the IT portfolio.

IT Procurement Administration is responsible for managing the purchasing process of information technology (IT) equipment, software, and services, ensuring compliance with company policies and budget constraints by identifying needs, researching vendors, placing orders, and tracking deliveries while maintaining accurate records of IT assets.

IT Cost Analysis is responsible for analyzing and managing the costs associated with an organization’s Information Technology (IT) operations, including hardware, software, personnel, and services, by tracking expenses, identifying cost‑saving opportunities, and providing detailed financial reports to help optimize IT budgets and decision‑making processes.

This position is an Individual Contributor role. The role directly reports to the CIO and routinely interacts with Global IT, Global Business Leads, Global Functional Leads, Project Management.

• Contract Drafting and Negotiation:
  Develop and draft IT contracts with vendors, including service level agreements (SLAs), 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 savings 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:
  Collaborating with IT users and stakeholders to identify and document technology needs, including hardware, software, and services.
• Vendor management:
  Researching and evaluating potential IT vendors, negotiating pricing, contract terms, and service level agreements.
• Purchase order creation:
  Generating and processing purchase orders for IT equipment and services, ensuring accurate specifications and delivery timelines.
• Contract management:
  Maintaining and monitoring IT vendor contracts, ensuring compliance with terms and conditions.
• Cost analysis:
  T…