Contracts Specialist (Hybrid Remote)

Latitude Inc • Washington, DC • 4h ago

This position allows for 3 days per week remote / work from home.

Salary: 130,000 - 160,000/year

We are seeking an experienced Contracts Specialist to manage the full lifecycle of complex federal contracts, including Cost-Plus-Incentive-Fee (CPIF) and Cost-Plus-Fixed-Fee (CPFF) instruments for the FAA. This position is responsible for cradle-to-grave contract administration in support of mission-critical aviation programs, systems engineering, infrastructure modernization, and technical services. The ideal candidate will possess strong knowledge of Federal Acquisition Regulation (FAR), cost-reimbursement contracting, and federal procurement policies, along with demonstrated experience supporting high-visibility, technically complex programs.

Responsibilities

Lead acquisition planning activities, including market research and acquisition strategy development.
Prepare and review Statements of Work (SOW), Performance Work Statements (PWS), Independent Government Cost Estimates (IGCE), and evaluation criteria.
Develop solicitations (RFPs), amendments, and related procurement documentation.
Conduct cost and price analysis for CPIF and CPFF proposals.
Participate in technical and cost evaluation panels and support source selection activities.
Lead negotiations of cost-reimbursement contracts, including fee structures and incentive arrangements.
Develop prenegotiation objectives and price negotiation memoranda.
Ensure compliance with FAR, agency supplements, and applicable federal statutes.
Prepare and execute contract awards and related documentation.
Administer full lifecycle contract management, including modifications, funding actions, and incremental funding tracking.
Monitor contractor performance, fee determinations, and incentive calculations under CPIF structures.
Review contractor invoices, incurred cost submissions, and provisional billing rates.
Coordinate with Contracting Officer’s Representatives (CORs), finance, legal, and program offices.
Process contract modifications related to scope, funding, schedule, or regulatory changes.
Ensure compliance with FAR Part 15, Part 16 (Cost-Reimbursement Contracts), and agency acquisition policies.
Support audits, including DCAA or internal reviews, as applicable.
Maintain complete and accurate contract files in accordance with federal records requirements.
Manage closeout activities, including final indirect rate settlements and final payment.

Requirements

Bachelor’s degree from an accredited institution (business, public administration, finance, or related field preferred).
3–7+ years of federal contracting experience, including cost-reimbursement contracts (CPIF/CPFF).
Strong working knowledge of FAR and agency supplements.
Demonstrated experience in cost analysis, negotiations, and contract modifications.
Ability to interpret complex regulatory guidance and apply sound business judgment.
Experience managing contracts for the FAA.

$130,000 - $160,000 a year

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