Supply Chain Capital Project Specialist - Fixed Assets

Xcel Energy (NASDAQ: XEL) is a leading energy provider and Fortune 500 company, dedicated to serving millions of electricity and natural gas customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. We make energy work better for our customers, helping them thrive every day. That means always raising the bar - delivering better service and providing more reliable, resilient, and sustainable energy.  Xcel Energy is a place where you’ll have opportunities to grow, expand your skills, and help lead the clean energy transition. We offer meaningful rewards, recognition, and support to help you build your career and make an impact - both on the job and beyond. Most importantly, it means you’ll be joining a company that knows employees are the driving force behind its success and is committed to helping you be your best. Xcel Energy supports a hybrid work model to enable collaboration and flexibility. Many roles are expected to work onsite three days per week (Tuesday–Thursday); however, work location expectations vary based on role, team, and business needs.   Supply Chain Capital Project Specialist - Fixed Assets 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 Bachelor's 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 three 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 30% travel; driver's license required. Preferred Requirements Previous experience in Gas Construction Our culture is grounded in shared values and employee commitments that guide how we work, support one another, and grow together. Our Values Connected, Committed, Trustworthy, Safe Our Employee Commitments Work that makes a difference A team you can count of Opportunities to grow Rewards that help you thrive Xcel Energy provides job applicants reasonable accommodations for disabilities throughout the application process. If you are in need of an accommodation to complete the application process, now or at any time in the future, please complete the  Applicant Accommodation Request Form .  Non-Bargaining   The anticipated starting base pay for this position is: $84,900.00 to $138,400.00 per year   This position is eligible for the following benefits: Annual Incentive Program, Medica