Supply Chain Contracts for Utilities

March 5, 2025 | Online :: Central Time

0325-supply-chain-contracts

This Supply Chain Contracts course is designed to equip professionals in the electric utility industry with the knowledge and skills necessary to manage and optimize their supply chain processes. Throughout the course, participants will delve into the fundamentals of supply chain management, including the importance of effective contracting and the lifecycle of contracts, as well as other essential topics such as supplier selection, contract negotiation, legal and regulatory considerations, and performance management.

In addition to foundational knowledge, the course will explore advanced contracting techniques, innovative models, and the latest technological advancements in supply chain management. Participants will learn how to identify and mitigate risks, develop strategic sourcing strategies, and implement sustainable procurement practices. By the end of the program, attendees will be well-prepared to drive efficiency, ensure regulatory compliance, and achieve cost savings within their organizations, ultimately contributing to the success and resilience of their utility operations.

Learning Outcomes         

• Review the principles of supply chain management and its critical role within the electric utility industry
• Discuss the stages of the contract lifecycle, including drafting, negotiation, execution, and administration, with a focus on electric utilities
• Review the legal and regulatory requirements affecting supply chain contracts in the electric utility sector and learn how to ensure compliance
• Create and implement effective processes for supplier selection, evaluation, and performance management to ensure reliability and quality
• Identify potential risks within the supply chain and develop strategies to mitigate and manage these risks, ensuring continuity and resilience
• Explore innovative contracting models and techniques, such as performance-based and alliance contracting, to drive better outcomes and value
• Implement sustainable procurement practices and strategic sourcing methods to enhance efficiency, reduce costs, and meet environmental goals

Wednesday, March 5, 2025 : Central Time

 

Introduction to Supply Chain Management in Electric Utilities

• Overview of supply chain management
• Importance of supply chain in electric utilities
• Key stakeholders

Basics of Contracting

• Types of contracts (fixed-price, cost-reimbursable, time and materials)
• Contract lifecycle
• Key terms and conditions

Legal and Regulatory Considerations

• Regulatory frameworks affecting supply chain in electric utilities
• Compliance and risk management
• Environmental and sustainability regulations

Supplier Selection and Evaluation

• Criteria for supplier selection
• RFP (Request for Proposal) and RFQ (Request for Quotation) processes
• Supplier evaluation methods

Contract Negotiation Strategies

• Negotiation techniques
• Win-win approaches
• Common pitfalls and how to avoid them

Drafting Effective Contracts

• Key clauses in utility contracts
• Performance metrics and KPIs
• Terms and conditions for risk management

Contract Administration and Performance Management

• Monitoring and managing contract performance
• Handling changes and amendments
• Dispute resolution and termination clauses

Advanced Contracting Techniques

• Innovative contracting models (e.g., alliance contracting, performance-based contracting)
• Use of technology in contract management

Risk Management in Supply Chain Contracts

• Identifying and assessing risks
• Mitigation strategies
• Contingency planning

Strategic Sourcing and Procurement

• Strategic sourcing process
• Category management
• Cost-saving opportunities

Case Studies and Best Practices

• Real-world examples of supply chain contracting in electric utilities
• Lessons learned and best practices

Nicole Carrigan, Senior Manage, Procurement & Contracts, Gridstor

Nicole is a highly accomplished legal practitioner dedicated to supporting domestic renewable energy initiatives through the provision of strategic procurement projects and contract negotiation associated with development, construction, operations, and asset management. After beginning her career focused on civil rights litigation, Nicole transitioned into clean energy in 2013 as a procurement specialist for a geothermal IPP. Over her career she has led portfolio management for conventional and renewable PPA contracts and IT&T procurement; advised utilities on supply chain risk management compliance; and led contract origination and post-sale transaction management for a leading solar PV provider. Nicole has been a pioneering DEI leader, working with various private and nonprofit organizations to increase career opportunities for minority men and women, create inclusive cultures, and develop job-ready talent pipelines and business opportunities in renewable energy industries. She holds a JD and partial LLM degrees from Purdue Global University and Concord Law School respectively.

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Amy Clark, Senior Manager – Supplier Programs (Environmental Social Governance & Supplier Diversity) & Compliance, Aristocrat

Amy Clark has over 20 years of experience in supply chain in the electric utility industry. After retiring from the Tennessee Valley Authority, Amy joined NV Energy as a supply chain and procurement manager. Amy is currently a senior manager at Aristocrat focused on supplier diversity, environmental social governance, and compliance. In addition to her supply chain experience, Amy was an adjunct professor at Georgia Northwestern Technical for five years. At GNTC, she taught business law, economics, HR management, leadership and management principles, labor relations, managerial accounting, and employment law. Amy holds a Bachelor of Science in Psychology and a Masters in Business Administration. She is a Certified Professional in Supply Management and Supplier Diversity as designated by the Institute for Supply Management, Inc. Amy continues to further her education and will graduate this year with her Doctorate in Business Administration with a focus on Global Supply Chain Management. 

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

• Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
• You will receive a separate email with a unique link to a personalized landing page which will include links to join all sessions of this event.
• If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
• The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.

Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

If you are unable to attend at the scheduled date and time, we make recordings available to all attendees for 7 days after the event

REGISTER NOW FOR THIS EVENT:

Supply Chain Contracts for Utilities

March 5, 2025 | Online

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before January 31, 2025 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.

EUCI is authorized by IACET to offer 0.7 CEUs for this event

Verify our IACET accreditation

Who recognizes IACET Credits?

Requirements for Successful Completion of Program

Participants must log in and be in attendance for the entirety of the course to be eligible for continuing education credit. 

Instructional Methods

PowerPoint presentations, interactive group exercise, and group discussion will be used during this course. 

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Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.

Course CPE Credits: 8.0
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None

EUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

 

Who Should Attend

• Supply Chain Managers
• Procurement Specialists
• Contract Managers
• Project Managers
• Legal Advisors
• Risk Managers
• Operations Managers
• Financial Analysts
• Executives and Senior Management
• Engineers and Technical Staff