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Manager, Capital Projects Sourcing - Fixed Assets

Xcel Energy
$130,000 - $165,250 a year
Minneapolis, Minnesota
6 days ago

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.

Position Summary

Develop and manage execution of engineering, procurement, & construction (EPC) projects, engineered equipment and construction services contract sourcing strategies aligned with business priorities. Provide project justifications for capital project proposals using should cost modeling. Lead creation and implementation of strategies to achieve project savings targets. Direct post-award contract management plans, including KPI development with suppliers. Lead project supply risk management strategy and ensure plans for claims and dispute resolution. Act as liaison between Capital Project teams and other departments (Legal, Category Management, Tax, Risk, Audit, etc.). Manage supplier qualification, request for proposal, proposal evaluation, contract negotiation, supplier selection, and contract award compliance for capital projects.

Essential Responsibilities

  • Develop and manage enterprise-wide supply chain strategy/tactics to acquire equipment and services for capital projects. Manage EPC projects, engineered equipment, and construction services contracts. Lead project commercial services standardization, contract development/administration, requests for proposals, bid specifications, and specialized terms & conditions. Manage acquisition of construction, other services, and major equipment for successful development, obtainment, analysis, negotiation, and award of contracts. Collaborate with business stakeholders to achieve value capture.

  • Administer standard commercial terms and conditions of contract issued by Legal and Supply Chain Sourcing. Develop specialty contract formats and terms and conditions templates for engineering, procurement, construction (EPC), engineered equipment and construction services. Furnish and install contracts, storage site facility leases and equipment rental agreements.

  • Manage a process to track that contractor commitments, progress milestones, and payments are made in accordance with contractual terms & conditions and that full earned value to the project is achieved.

  • Manage Xcel Energy's risks by ensuring documents/notices required for contractor mobilization (Proof of Insurance, Performance & Payment Bonds, Letters of Credit, Parental Guarantees, etc.), job progress (permits, etc.), and contract completion (lien waivers, as built drawings, etc.) are obtained and meet the contract requirements.

  • Lead strategic negotiations for Xcel Energy's interests in capital construction contracts and large complex equipment purchases for capital projects. Manage change order process and establish contractor claims resolution process to minimize overall impact to the project budget and schedule.

  • Ensure collaboration with Category Management for opportunities that leverage category strategies.

  • Establish and manage metrics to evaluate the effectiveness of capital projects' contracting strategies related to project cost and schedule targets. Develop and roll-out a process for compiling/publishing performance metrics and utilize the data to formulate lessons learned, facilitate continuous improvement in sourcing strategies, and share best practices.


Minimum Requirements


  • Bachelor's degree in Supply Chain Management, Engineering, Construction Management, Business, related field, or equivalent combination of education and experience.
  • MBA highly desired and Certified Professional in Supply Chain Management (CPSM) or other professional certifications are strongly preferred.
  • Ten years' experience managing supply chain for major capital projects.
  • Two years' experience managing professional staff.
  • Demonstrated leadership capabilities, ability to influence others in a cross-functional environment, and proven results necessary.
  • Extensive expertise in all elements of major construction contracts and negotiation required.
  • Excellent written and verbal communication, project management, and interpersonal skills.
  • Experience in managing multiple teams across multiple construction projects desired.
  • 20% travel; driver's license required.

Preferred Qualifications:

  • Large commercial contracting experience
  • People Leadership experience
  • Complex Sourcing Strategies
  • Experience advanced contracting methods (EPC, Design/Build, General Contractor)

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at [email protected].

Non-Bargaining

The anticipated starting base pay for this position is: $130,000.00 to $165,250.00 per year

This position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

In any materials you submit, you may redact or remove age-identifying information including but not limited to dates of school attendance and graduation. You will not be penalized for redacting or removing this information.

Deadline to Apply: 06/23/25

EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)

ACCESSIBILITY STATEMENT
Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at [email protected]. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.

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