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Contract Specialist

mPower is seeking a skilled and motivated Contract Specialist to join our team. In this role, you will play a critical part in managing and overseeing federal government contracts, ensuring compliance with FAR, DFARS, and other regulatory requirements. The ideal candidate will have a strong background in drafting and reviewing contracts, tracking deliverables, and collaborating with internal and external stakeholders to ensure seamless contract execution. If you’re passionate about navigating the complexities of federal contracting and thrive in a fast-paced, team-oriented environment, we want to hear from you!

 

Job Responsibilities:

Contract Management

Draft and review federal government contracts, including subcontracts and team agreements, ensuring compliance with all regulatory requirements such as deliverables, timelines, and reporting.

Oversee the submission and tracking of contractual deliverables, ensuring all milestones are met according to the contract terms.

Assist in proposal development, contract renewals, and ensuring compliance with contractual obligations.

Monitor and track contract data, including performance, budget, and contractual terms, to ensure adherence to FAR, DFARS, and other applicable regulations.

Review and negotiate contract terms, ensuring all deliverables are clearly defined and measurable.


Compliance & Financial Support

Ensure compliance with federal government regulations, including FAR, DFARS, and GSA (General Services Administration) requirements.

Collaborate with finance teams to ensure accurate invoicing, payments, and financial reporting in line with contract terms.

Maintain necessary documentation for audits, certifications, and compliance with government standards (e.g., GSA schedules, SBA certifications).


Client & Stakeholder Communication

Serve as the primary contractual point of contact for clients, subcontractors, and other external stakeholders.

Facilitate communication between internal teams and external partners to ensure contract performance and customer satisfaction.


Required Qualifications:

·         Bachelor’s degree in business administration, management, or a related field.

·         Minimum of 3-5 years of experience in federal government contracting, with a focus on contract management and compliance.

·         Strong understanding of federal contracting processes, including FAR, DFARS, and GSA compliance.

·         Demonstrated experience in drafting contracts, subcontract agreements, and team agreements.

·         Familiarity with federal government compliance requirements and tracking contractual data.

·         Excellent organizational and communication skills with the ability to manage multiple tasks and meet deadlines.

·         Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) and contract management software.


Desired Qualifications:

·         Experience working with federal contracting systems such as SAM, GSA eBuy, and FPDS.

·         Knowledge of small business certifications and set-aside programs (e.g., 8(a), HUBZone, WOSB).

 

 

mPower, Inc. is an Equal Opportunity/Affirmative Action employer. Qualified applicants or employees will receive consideration for employment without regard to race, color, religion, ethnic or national origin, ancestry, age, sex, sexual orientation, gender identity, pregnancy (including childbirth or related condition), citizenship, familial status, mental or physical disability status, veteran status, genetic information, other non-disqualifying disability, or any other characteristic protected by law.

 


$70,000 - $85,000 a year

Average salary estimate

$77500 / YEARLY (est.)
min
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$70000K
$85000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Contract Specialist, mPower Inc.

mPower, Inc. is on the lookout for a dedicated Contract Specialist to join our vibrant team in Rockville, MD. If you have a passion for federal government contracting and an eye for detail, this is the perfect opportunity for you! As a Contract Specialist, you'll dive deep into the world of managing and overseeing federal contracts, ensuring we remain compliant with key regulations such as FAR and DFARS. Your daily tasks will involve drafting and reviewing various contracts, monitoring deliverables, and working closely with both internal and external stakeholders to guarantee that we execute contracts smoothly and efficiently. And let’s not forget, you’ll play a vital role in proposal development and contract renewals too! Here, at mPower, we value collaboration and communication, so your ability to engage with clients and subcontractors will be crucial for our success. With a supportive and fast-paced environment, you’ll find plenty of chances to develop your skills and advance your career while ensuring our mission aligns with governmental standards. If you’re ready to step into a role where your contributions truly matter and evolve as a specialist, we can’t wait to hear from you!

Frequently Asked Questions (FAQs) for Contract Specialist Role at mPower Inc.
What are the key responsibilities of a Contract Specialist at mPower?

As a Contract Specialist at mPower, your primary responsibilities will include drafting and reviewing federal contracts, tracking deliverables, ensuring compliance with FAR, DFARS, and GSA regulations, and overseeing proposal development and contract renewals. You'll act as the main point of contact for clients and subcontractors, ensuring all contractual obligations are met.

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What qualifications do I need to become a Contract Specialist at mPower?

To qualify for the Contract Specialist position at mPower, you need a Bachelor’s degree in business administration or a related field, along with 3-5 years of experience in federal government contracting. Additionally, a solid understanding of FAR, DFARS compliance, and proficiency in contract management software is essential.

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What is the salary range for a Contract Specialist at mPower?

The salary range for a Contract Specialist at mPower is competitive, falling between $70,000 and $85,000 per year, depending on experience and qualifications.

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What skills are important for a Contract Specialist at mPower?

Important skills for a Contract Specialist at mPower include strong organizational abilities, excellent communication skills, and proficiency in Microsoft Office Suite and contract management software, as well as a deep knowledge of compliance requirements related to federal contracts.

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What software tools should a Contract Specialist at mPower be familiar with?

A Contract Specialist at mPower should be proficient in Microsoft Office Suite, particularly Word and Excel. Familiarity with federal contracting systems such as SAM, FPDS, and GSA eBuy will also be beneficial.

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Common Interview Questions for Contract Specialist
Can you explain your experience with federal contracting regulations like FAR and DFARS?

When answering this question, elaborate on your familiarity with federal regulations, detailing any specific contracts you managed. Demonstrating a clear understanding of how these regulations impact contracting processes will show your depth of knowledge.

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How do you manage multiple contracts simultaneously?

Discuss your organizational skills and time management techniques. Highlight tools or strategies you use, such as creating timelines or checklists, to ensure you meet all deadlines and obligations effectively.

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Describe a challenging contract you worked on and how you handled it.

Offer a detailed example of a complex or difficult contract situation. Focus on your problem-solving skills, negotiation tactics, and how you navigated to find a successful resolution.

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What approach do you take to ensure compliance with contract requirements?

Explain your processes for monitoring contract compliance. You might mention tracking deliverables, regular communication with stakeholders, and documentation practices that ensure all terms are being adhered to.

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How would you handle disagreements with a subcontractor over contract terms?

Describe a methodical approach where you would listen to the subcontractor's concerns, clarify misunderstandings, and strive for a solution that aligns with contract stipulations while maintaining a positive working relationship.

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What software tools do you find most helpful in contract management?

Mention specific tools you have experience with and explain why those tools enhance your efficiency in tracking contract data and communication with stakeholders.

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How do you keep up to date with changes in federal contracting regulations?

Share your approach to professional development, such as attending workshops, subscribing to relevant publications, or participating in networking groups that discuss federal contracting updates.

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Can you provide an example of how you've improved a contracting process?

Discuss a specific instance where you identified inefficiencies and implemented changes that enhanced contract execution or compliance, demonstrating your proactive nature and ability to drive improvements.

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Why are you interested in working as a Contract Specialist at mPower?

Express your alignment with mPower's mission and values, highlighting specific aspects of the role and the company that resonate with your career goals and aspirations.

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What role does communication play in contract management?

Emphasize the importance of clear and consistent communication with internal teams and external partners in ensuring contract performance and client satisfaction through effective collaboration.

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DATE POSTED
January 14, 2025

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