*TEMPORARY POSITION (18-MONTH CONTRACT)*

Salary Range:

The salary range for this position is$101,000 to $139,000. The final offer will be determined based on the successful candidate’s skills, experience, and internal equity considerations. Please note that the offer may fall anywhere within the posted range and is not necessarily at the top end.

About Us:

Transportation Investment Corporation (TI Corp) is a public crown corporation dedicated to delivering major infrastructure projects in British Columbia on behalf of the Ministry of Transportation and Infrastructure. With approximately $15 billion in major infrastructure developments, we are committed to upholding the highest standards of construction oversight.

Why Join Us:

At TI Corp, you’ll be part of a dynamic and innovative team driving transformative infrastructure projects that make a real difference in communities. We pride ourselves on fostering a collaborative and inclusive work culture where your ideas are valued. Enjoy competitive compensation and comprehensive benefits, along with opportunities for skilled growth and development. Here, your contributions will not only shape your career but also the future of our infrastructure landscape. Join us and be a part of something impactful.

Overview:

Reporting to the Commercial Director, this position is responsible for supporting the development, management, and execution of the project commercial management workplans as they relate to Target Price and administering Project Agreements (PA) between the Owner and Project Contractor as it relates to target cost.

What We Offer:

- Vacation starts at five weeks and with an additional one day per year of service to a maximum of six weeks.




- TI Corp is dedicated to professionally growing staff and building internal capacity, through mentorship, active succession planning, learning and development financial assistance, and membership dues.
- Extended health and dental benefits plus a $1000 Health Spending Account annually.
- We are part of the BC Public Sector Pension Plan – if you join us from other Public Service or Public Sector organizations who are part of this pension plan, your pension will continue seamlessly.
- Hybrid work arrangement with the ability to work from home one day a week following an orientation period.
- Top-up allowance for maternity and parental leave.
- Free travel insurance for full-time employees.
- Transit subsidy program.

Key Accountabilities:

- Builds and refines processes around cost reimbursable payment models, both external for Project Contractors and internal to meet the performance and governance requirements of TI Corp.
- Provides subject matter expertise related to target cost process and particulars in PA Agreement to the team as required.
- Leads evaluation of monthly payment applications from Project Contractors, meets process timelines and performs evaluations to required level of validation. Ensures accuracy in payment certified.
- Liaises with Project Contractor and Independent Certifier to agree monthly payment applications.




- Negotiates and resolves payment issues as between the Project Contractors and TI Corp and escalates where appropriate.
- Develops and implements best practices and issue resolution using the experience of other TI Corp projects, external projects, professional experiences and external resources.
- Compiles and provides cost data from monthly payment valuations to Project Controls, Finance and Contract and Commercial to enable analysis, reporting and change valuation.
- Expedites monthly commercial deliverables from Project Contractor, to enable Province understanding of the Project’s financial performance.
- Conducts monthly review of constructions progress in the field and works with support from Project Controls to validate monthly performance metrics of contractor.
- Manages and guides functional reports and cost engineers to undertake monthly payment administration.
- Attends key commercial and construction meetings, both internal and external.
- Undertakes other related commercial tasks under the guidance of the Commercial & Contracts Director.
- Drafts lessons learned from projects for continuous improvement of target cost processes.
- Provides training on target cost particulars for the Commercial and Contracts team, other relevant disciplines within TI Corp, and external parties.
- Attends and contributes as appropriate to the Commercial Community of Practice.

Qualifications:

- Bachelor’s degree in project or construction management, business administration or equivalent relevant experience.
- 5 to 10 years of progressive experience in commercial processes on major infrastructure projects (preferably transportation p

📌 Cost Contract Manager (Vancouver)
🏢 Transportation Investment
📍 Vancouver