Business Wire

Sourcing and Contract Manager

Business Wire

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Salary

💰 $120,000 - $150,000 per year

Job Level

SeniorLead

Tech Stack

PMP

About the role

  • Develop and execute procurement strategies to optimize cost, quality, and delivery timelines.
  • Manage the competitive bidding process for critical vendors, design-build and general contractors, including preparing and issuing RFPs, RFQs, and ITBs.
  • Evaluate bids, ensuring alignment with project specifications, budgets, and timelines.
  • Conduct bid analysis, assess contractor qualifications, and recommend selections based on cost, quality, experience, and compliance with project requirements.
  • Negotiate contracts, terms, and pricing with vendors, design-build firms, and general contractors to secure favorable agreements.
  • Administer contracts, including drafting, reviewing, and executing contract documents, ensuring compliance with legal, regulatory, and organizational requirements.
  • Monitor contract performance, track deliverables, manage change orders, and resolve disputes or claims with suppliers and contractors.
  • Ensure proper documentation, record-keeping, and reporting for all contracts, including adherence to audit and compliance standards.
  • Manage supplier and contractor relationships, ensuring performance meets contractual standards and project deliverables.
  • Monitor market trends, pricing, and supply chain risks to inform sourcing, bidding, and contract decisions.
  • Collaborate with internal departments to forecast demand, define project scopes, and ensure supply chain continuity.
  • Ensure compliance with organizational policies, legal requirements, ethical sourcing standards, and construction-specific regulations.
  • Analyze procurement, bidding, and contract data to identify cost-saving opportunities and improve processes.
  • Oversee purchase orders, inventory management, and performance evaluations for suppliers and contractors.
  • Lead or support cross-functional teams in strategic sourcing, competitive bidding, and contract administration projects.

Requirements

  • Bachelor’s degree in supply chain management, business administration, construction management, or a related field (advanced degree or certifications like CPSM, CIPS, PMP, or CCM preferred).
  • 8+ years of experience working on capital projects for procurement, sourcing, or supply chain management, with at least 2 years managing competitive bidding processes for design-build or general contractors and contract administration
  • Strong negotiation, analytical, contract drafting, and vendor/contractor management skills.
  • In-depth knowledge of contract management, competitive bidding, market analysis, and construction industry standards.
  • Familiarity with contract law, risk management, and dispute resolution processes.
  • Excellent communication and interpersonal skills to collaborate with stakeholders, including architects, engineers, contractors, and legal teams.
  • Ability to work in a fast-paced environment and manage multiple priorities.