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Supply Chain Sourcing and Contracting Specialist Assets

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: Xcel Energy
Full Time position
Listed on 2026-01-09
Job specializations:
  • Engineering
    Operations Manager
  • Business
    Operations Manager
Salary/Wage Range or Industry Benchmark: 81000 - 108900 USD Yearly USD 81000.00 108900.00 YEAR
Job Description & How to Apply Below
Position: Supply Chain Sourcing and Contracting Specialist Fixed Assets

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 youre looking for.

Position Summary

Develop and execute engineering procurement & construction (EPC) engineered equipment and construction services contract project sourcing strategies aligned with business stakeholder priorities for projects up to $250M. Utilize construction project contract expertise to procure 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.

Essential

Responsibilities

Execute contracting and procurement strategy / tactics for capital projects sourcing for high value complex goods and services. Develop should 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. Seek opportunities for value capture.

Apply 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 invoices have proper supporting documentation and payment is not in excess of materials delivered or value of work completed. Manage contractor training and compliance with corporate policies and procedures.

Negotiate contracts representing company interests in purchases associated with capital projects. Analyze verify and negotiate modifications changes or additional work orders that were not part of the original contract or purchase scope. Facilitate dispute resolution and contract adjustments with suppliers and internal stakeholders.

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. Maintain 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 and conditions and full project value is achieved.

Establish post award contract management plans. Monitor supplier performance to ensure supplier commitments and progress milestones are met and project value is achieved. Collaborate with Category Managers to support project needs in alignment with category strategies. Manage supplier relationships as assigned.

Develop and lead capital project risk management strategies. Apply contract law knowledge to administer project contract agreements and contractual forms. Manage contract risks and assemble documentation to obtain project specific insurance. Limit company liability by ensuring proper documentation.

Minimum Requirements
  • Bachelors degree in Supply Chain Management Engineering Construction Management Business related field or equivalent combination of education and experience.
  • MBA and Certified Professional in Supply Management (CPSM) certification or other supply chain certification preferred.
  • Requires five years of procurement or sourcing experience including some construction project contract experience.
  • Significant contract knowledge and negotiation skills required.
  • Requires considerable knowledge and expertise in sourcing and supply chain management principles.
  • Strong project management skills required.
  • Proficiency in Microsoft Office Suite and significant experience with purchasing and sourcing systems required.
  • Must be results-oriented and customer focused. Strong interpersonal relationship and presentation skills are required.
  • Up to 20% travel; drivers license required.

As a leading combination electricity and natural gas energy company Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy we strive to be the preferred and trusted provider of the energy our customers need. If youre ready to be a part of something big we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age race color religion sex sexual orientation gender identity national origin disability or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at .

Non-Bargaining

The anticipated starting base pay for this position is : $81000.00 to $108900.00 per year

This position is…

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