Principal, Cost Management

Tract Capital Management, LP; Reno (NV); On-site; USD 160,000 - 200,000; Full time

Benefits offered by this job

100% employer-covered medical, dental, and vision insurance

401K program

Unlimited PTO

Job summary

Tract Capital Management, LP seeks a Senior Cost Manager in Reno, NV to oversee cost management for large-scale data center programs. Candidates must have expertise in Quantity Surveying and strategic sourcing, with at least 5 years of experience in the construction industry.

The role involves collaboration with contracts management and requires strong analytical skills and a detail-oriented approach. Benefits include competitive compensation and medical coverage.

Qualifications

• 5+ years as a subject matter expert in Quantity Surveying and experience in the construction industry.
• 5+ years of strategic sourcing/procurement experience.
• 3+ years of commercial/transactional contracts negotiation experience.

Responsibilities

• Drive program-level cost management for large-scale data center build programs.
• Collaborate closely with Contracts Management on RFx processes.
• Monitor project finances and communicate project status.

Skills

Quantity Surveying expertise

Strategic sourcing/procurement

Contract negotiation

Detail-oriented

Analytical skills

Supply chain management tools

Education

Bachelor’s degree in quantity surveying, finance/cost management, construction management, or engineering

Tools

Cost management systems

Job description

About this position

Fleet Data Centers designs, builds and operates mega‑scale data center campuses. Fleet provides its customers with flexibility and predictability to meet their upside demand forecasts, addressing a key need in the market as traditional leased models are struggling to keep pace with the demand for new Cloud and AI infrastructure. Fleet is led by a team of industry veterans that have already made a lasting imprint on the evolution of global digital infrastructure and are committed and uniquely capable of upleveling data center development scales and operations in the face of rising demand. Fleet is well positioned to bring in‑house design, engineering and operational capabilities to collaborate with customers on tailored solutions for campuses of 500MW+. This unique model enables Fleet to provide the world’s largest and most sophisticated customers with a seamless extension of their own data center fleets with constant access to design innovation. Fleet’s headquarters are in Denver, CO, with satellite offices in Seattle, WA and Arlington, VA.

Fleet Data Centers is seeking a highly motivated and experienced Senior Cost Manager driving program‑level cost management for large‑scale data center build programs. This includes cost planning and control, progress measurement, risk mitigation, and costed‑schedule development.

The successful candidate will collaborate closely with the Contracts Management team on all Request‑For‑Information / Quotation / Proposal (collectively “RFx”) process(s), in addition to participating in preparing, reviewing, negotiating, and executing contracts with various parties, such as general contractors, subcontractors, suppliers and consultants. You will bring deep knowledge of construction economics, commercial negotiations, and cost control within mission‑critical or technically complex environments.

Are you a project controls cost manager and quantity surveyor subject matter expert?

How will you make a difference?

Sourcing

• Request‑for‑Information / Quotations / Proposals (collectively RFx) processes including bid‑leveling, cost (including lump sum/GMP, NTE) negotiations, and financial planning.

Cost Management and Cost Control

• Facilitating effective communication on project status, monitoring project finances, working with construction on deliverables and associated payments, tracking payments, and managing any variations or claims that may arise during the construction process.
• Driving cost control, risk mitigation, and the overall status of the data center build program(s). Reviewing/driving design/general contractors in the development of cost estimates.
• Providing estimate and cost planning to include producing and presenting the final cost plan (for customer engagement, vendor assessments, and internal reporting).
• Communicating with vendors (e.g., general contractor and the owner) to gather status information to prepare a cost estimate update.
• Managing cost checks and conducting valuations on larger projects. Completing timely, accurate cost checking and valuation processes. Participating effectively in post contract cost variances and the changecontrol processes. Managing cost impact / contingency management and commitment tracking logs.
• Financial management including using tools provided to keep track of the ongoing margin levels and monthly fee/resource forecasts. Reconcile changes that occur over the planning phase and assist the general contractor to ensure that their data is accurate.

Quantities Surveying

• Collaborating closely with design/construction/project management teams to determine the exact quantities for large, data center construction programs, assessing labor requirements and the specialized skills needed for installing and maintaining complex data center infrastructure. Providing accurate cost and quantity information enabling our construction and engineering teams to make informed decisions throughout the project lifecycle, including adherence to project schedules/budgets.

Qualifications

• Bachelor’s degree in quantity surveying, finance/cost management, construction management, or engineering, or equivalent work experience.
• 5+ years as a subject matter expert in Quantity Surveying and experience in the construction industry.
• 5+ years of strategic sourcing/procurement experience, of which 3+ experience is working for a hyperscaler and/or data center developer/operator.
• 3+ years of commercial/transactional contracts negotiation experience including awarding, drafting, negotiation, execution, and administration.
• Sourcing, bid‑leveling, cost negotiations across various engineering and construction vendors.
• Quantity surveying/cost management for large mission critical and/or data centers programs.
• Detail‑oriented with strong organizational, analytical, problem‑solving, and decision‑making skills.
• Strong knowledge of supply chain management tools, data analytics, and BI tools.

Preferred Qualifications

• Advanced degree / license in quantity surveying, cost management, construction management, or engineering.
• Experience with typical construction/services contracting approaches and fee structures (e.g., Guaranteed Maximum Price (GMP), Not‑to‑Exceed, Cost Plus Fee, Time & Materials, Hourly Rate, Design‑Build (DB) or Design‑Build‑Assist (DBA), etc.).
• Proficiency in cost management systems and tools and integration into corporate financial systems.
• Proven track record in implementing process improvement initiatives and driving operational excellence.

Location and Travel

• This role can be in Reno, NV (South Valley or Peru Ridge) and Caldwell, TX.
• 15% travel (U.S.).

Expected Salary DOE

• $160,000- $200,000 + Discretionary Bonus.

Fleet Data Centers employees enjoy competitive compensation and comprehensive benefits, including 100% employer‑covered medical, dental, and vision insurance, a 401K program, standard paid holidays, and unlimited PTO.

NOTE: This job description is not intended to be all‑inclusive. Employees may perform other related duties to meet the organization’s ongoing needs.

Fleet Data Centers is proud to be an Equal Opportunity Employer. Qualified applicants are considered for employment regardless of age, race, color, religion, sex, national origin, sexual orientation, gender identity, disability, or veteran status. If you need assistance applying for any of our open positions, please contact us at [e-mail].