Procurement Specialist

LHH; Massachusetts; Hybrid; Full time

Job summary

LHH is seeking a Procurement Specialist for a hybrid contract role in Massachusetts, Rhode Island, or New York. This contract opportunity involves working with a leading technology company on shared risk contracting strategies and regulatory compliance. The ideal candidate should have extensive procurement experience and the ability to collaborate in a fast-paced environment.

Benefits

Medical, dental, and vision insurance

Life insurance

Short-term disability

401K plan

Commuter benefits

Paid Sick Leave

Qualifications

• 5 years experience in procurement, focusing on shared risk contracting.
• In-depth knowledge of GMP contracting methodologies.
• Strong understanding of regulatory requirements including FERC.

Responsibilities

• Assist in implementing procurement strategies leveraging shared risk approaches.
• Ensure procurement compliance with regulatory standards.
• Maintain pricing workbooks for GMP contracts.

Skills

Negotiation

Communication

Interpersonal Skills

Job description

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This range is provided by LHH. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Hybrid – Procurement Specialist in Massachusetts, Rhode Island, or New York.

LHH has a client who needs a hybrid Procurement Specialist on a contract opportunity!

This is a great chance to work with a well-known technology company to advance your career. (Extension possible based on business need)

Job Description

Position Overview:

We are seeking a Procurement Specialist with extensive experience in shared risk contracting strategies, particularly Guaranteed Maximum Price (GMP) contracts and Engineering, Procurement, and Construction (EPC) projects. The ideal candidate will have a strong understanding of regulatory requirements, including those set forth by the Federal Energy Regulatory Commission (FERC), a proven track record in developing bid criteria for assessing GMP/EPC proposals, and experience in creating pricing workbooks for GMP/EPC contracts.

Key Responsibilities:

• Assist the project team in implementing procurement strategies that leverage shared risk contracting models, including GMP/EPC.
• Ensure that all procurement documents and processes are aligned with regulatory compliance standards, including FERC regulations, to mitigate risks and ensure adherence to legal requirements.
• Create and maintain pricing workbooks for GMP/EPC contracts, ensuring accurate and transparent pricing structures that align with project requirements.
• Create and maintain scorecard criteria for evaluating GMP proposals
• Collaborate with cross-functional teams to ensure alignment of procurement strategies with project goals and regulatory compliance.
• Conduct regular reviews of procurement documentation to ensure compliance with applicable regulations and internal policies.
• Monitor and report on procurement performance metrics, identifying areas for improvement and implementing best practices.
• Support the development of procurement policies and procedures regarding shared risk contracting strategies, which enhance operational efficiency and risk management.

Qualifications:

• Equivalent experience of 5 years of experience in procurement, with a focus on shared risk contracting strategies & EPC projects.
• In-depth knowledge of shared-risk GMP contracting methodologies and extensive experience in developing pricing workbooks for GMP contracts.
• Proven experience in developing scorecard criteria for GMP proposal assessment, which maintains compliance to regulatory requirements and standards.
• Strong understanding of regulatory requirements affecting procurement processes, including FERC regulations.
• Excellent negotiation, communication, and interpersonal skills.
• Ability to work collaboratively in a fast-paced, dynamic environment.

Title: Procurement Specialist

Location: Hybrid (Mostly remote but Team meets in person once a quarter, mostly in Massachusetts, but could be Rhode Island OR New York as well)

Pay range: $63 - $66/hour

Type: 12 Month Contract (with possibilities of extension and conversion)

If you have an interest in the Hybrid – Procurement Specialist, please apply now!

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Benefit offerings include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits, and 401K plan. Our program provides employees the flexibility to choose the type of coverage that meets their individual needs. Available paid leave may include Paid Sick Leave, where required by law; any other paid leave required by Federal, State, or local law; and Holiday pay upon meeting eligibility criteria.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Contract

Job function

• Job function

  Purchasing

• Industries

  Utilities and Natural Gas Distribution

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