Sr Contract Specialist- DFM

Company: Federal Reserve Bank
Location: Washington
Posted on: January 28, 2023

Job Description:

Sr Contract Specialist- DFM - 23025 Primary Location : DC-Washington : Employee Status : Regular Overtime Status : Exempt Job Type : Standard Travel : No Shift : Day Job Years of Experience Required: : 4 Education Required: : Bachelor's or Equivalent Exp. Relocation Provided: : Yes Salary Grade Low: : 25 Salary Grade High: : 26 Minimum Salary: : 96,600.00 Maximum Salary: : 176,900.00 Posting Date : May 5, 2022 Position Description The Senior Contract Specialist is responsible for handling non-standardized and varied procurements including construction, telecommunications, currency, and leases. The Senior Contract Specialist handles the more complex procurement requirements and provides technical guidance and leadership to team and section staff. Works independently under the delegated authority of the Manager, Contracts.In the absence of the Manager, may be delegated the responsibility for their own projects and reports directly to the Procurement Assistant Director. The incumbent has the authority to make purchases for the organization up to a substantial dollar amount. Position Requirements Requires a Bachelor's degree, preferably in business, management, economics, mathematics, English, or government, or equivalent experience required. Requires four years of progressively responsible work experience handling the procurement process from solicitation through contract closeout. Excellent knowledge of contracting and procurement regulations, contracting laws, practices, principles, policies, standards, and regulations. Requires experience with government and commercial statues and regulations, contracting principles and best practices, and solicitations. Must be able to compose, read, comprehend and interpret written materials of moderate to complex difficulty on procurement related issues. Excellent analytical ability, oral and written communications skills, and strong organizational capabilities required. A demonstrated commitment to a strong customer service philosophy. Incumbent at the FR-26 grade is a Contract Management Analyst. A Bachelor's degree, preferably in business, management, economics, mathematics, English, or government, or equivalent experience required. Requires five years of progressively responsible work experience in the procurement field. Comprehensive knowledge of contracting and procurement regulations, contracting laws, practices, principles, policies, standards, and regulations. Extensive experience in pre-award and post award contracting procedures, selection decisions, negotiations, contract management, and administration. Extensive skill in performing in-depth analysis of complex issues involved in contract proposal and contract administration situations. Skills required include excellent analytical ability, strong oral and written communications skills, and organizational capabilities. Experience with government and commercial statues and regulations, contracting principles and best practices, and solicitations are required. Must be able to make good business decisions and render sound judgments and recommendations on outstanding contract issues. Must be able to multitask and juggle competing priorities. Incumbent may work primarily on a major design and/or construction project, so experience administering complex design and/or construction contracts and dealing with contract claims, requests for information, negotiation planning, performance monitoring, and other construction and facilities related administration items desirable. Incumbent must be able to maintain a working relationship with Facilities, Legal, and contractors. Working knowledge of architectural/ engineering/construction industry contracting practices is preferred. Must be able to multitask and juggle competing priorities. Works with customers to solve complex, varied, and unusual procurement issues in the preparation and administration of contracts. Identifies, analyzes, and resolves diverse pricing issues in the preparation of solicitations. Interfaces between vendors and end users on cost/price issues and works out data formats and support data acceptable to both parties Interfaces between vendors and end users on contractual problems and works out solutions acceptable to both parties. Exercises independent judgment and develops new approaches to issues, problems, and negotiations. Assists with review and formulation of existing and/or new policies and procedures. A high degree of analytical ability and inductive thinking is required. Work involves coordination with diverse groups to ensure effective procurement of goods/services. Requires continuing internal and external contacts involving difficult formal negotiations calling for well-developed sense of timing and strategy and detailed explanation and interpretation of policies, rules and regulations, and managing relationships at the highest level. This is a five year term position. We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or application, membership, or service in the uniformed services. Req ID: 23025

Keywords: Federal Reserve Bank, Washington DC , Sr Contract Specialist- DFM, Other , Washington, DC