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Summary The Federal Retirement Thrift Investment Board (FRTIB) is looking for a highly qualified and motivated individual to serve as a Contract Specialist. This Job Opportunity Announcement (JOA) may be used to fill other Contract Specialist, GS -1102- 13 positions within the FRTIB in the same geographical location with the same qualifications and specialized experience. Responsibilities Handles all key parts of assigned contracts and procurement programs, such as negotiating contracts, analyzing costs and prices, and managing contracts, using the authority given by the agency. Advises managers on important contracting issues that affect the entire agency. Works with other agency offices to create effective negotiation strategies and set limits. Represents the agency at meetings with officials from both government and private organizations. Prepares reports and presentations about assigned contracting and procurement work. Requirements Conditions of Employment U.S. Citizenship is required. All qualification requirements must be met by 01/15/2026. Your application package will not be considered if it is missing any of the required documents listed under the "Required Documents" tab. Probationary Period. One-year probationary period may be required. Selective Service. If you are a male applicant born after December 31, 1959, you must certify that you have registered with the Selective Service System, or are exempt from having to do so under the Selective Service Law. Background Suitability Investigation. Continued employment is contingent upon satisfactory completion of a background investigation and the granting of a federal suitability or security clearance. If selected, you may be offered tentative employment until the background investigation has been fully adjudicated. As part of FRTIB's Drug-Free Workplace policy, all FRTIB employees may be subject to a random drug test. Qualifications This announcement is issued under the Direct-Hire Authority (DHA) to recruit for positions for which there is a critical hiring need. Appointee(s) will receive a career or career-conditional appointment in the competitive service and may be required to serve a one-year probationary period. Under this DHA announcement applicants who meet the basic qualification requirements will be forwarded to the Selecting Official. Veterans' preference, Category Rating and traditional rating and ranking of applicants does not apply under the Direct-Hire Authority. To qualify for this position applicants must meet the Basic Experience requirement and the Specialized Experience as described below. Basic Requirement: Completion of all mandatory training prescribed by the head of the agency for progression to GS-13 or higher level contracting positions, including at least 4-years experience in contracting or related positions. At least 1 year of that experience must have been specialized experience at or equivalent to work at the next lower level of the position, and must have provided the knowledge, skills, and abilities to perform successfully the work of the position. AND A 4-year course of study leading to a bachelor's degree, that included or was supplemented by at least 24 semester hours in any combination of the following fields: accounting, business, finance, law, contracts, purchasing, economics, industrial management, marketing, quantitative methods, or organization and management. OR Employees in GS-1102 positions will be considered to have met the standard for positions they occupy on January 1, 2000. This also applies to positions at the same grade in the same agency or other agencies if the specialized experience requirements are met. However, they will have to meet the basic requirements and specialized experience requirements in order to qualify for promotion to a higher grade, unless granted a waiver under Paragraph D. Specialized Experience: GS-13: Applicants must have at least one year of full-time specialized work experience comparable in scope and responsibility to the next lower level, GS-12, in the federal government. Specialized experience is defined as: Developing acquisition strategies and solicitation documents to support the planning, competition, and award of contracts for services, or professional support requirements. Evaluating technical and price proposals to determine responsiveness, assess cost and price reasonableness, and support sound award recommendations. Negotiating contract terms, conditions, and pricing to reach agreements that reflect program requirements and ensure best-value outcomes for the organization. Administering awarded contracts--including monitoring performance, identifying issues, recommending modifications, and closing out contracts upon successful completion of the contract and payment of all outstanding obligations--to ensure contractor compliance with requirements, schedules, and performance standards. *Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations. Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. A full year of work is considered to be 35-40 hours of work per week. Part-time experience will be credited on the basis of time actually spent in appropriate activities. Applicants wishing to receive credit for such experience must indicate clearly the nature of their duties and responsibilities in each position and the number of hours a week spent in such employment. Education You must provide your transcripts to support your educational claims. Transcripts may be unofficial copies, but they must come from an accredited college or university, and they also must include course names and the number of credit / semester hours. Click here to search the database of accredited institutions. Foreign Education. If you are using education completed at foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in the interpretation of foreign education programs. Foreign education must be deemed equivalent to that gained at an accredited U.S. education program. For further information visit the U.S. Department of Education's website concerning foreign qualifications. Additional Information The FRTIB offers wonderful benefits and work/life-balance flexibilities to help empower and reflect respect for our employees. Our comprehensive benefits package includes paid time off*, life insurance, health benefits, and participation in the federal retirement system. We offer, as applicable, flexible work hours, annual and sick leave, transit and childcare subsidies, free and confidential employee assistance and occupational health referral services, free on-site fitness center, and off-site fitness membership reimbursement. Further benefits and flexibility details are located here: FRTIB Employee Benefits. The FRTIB offices are conveniently located within a few blocks of the Union Station metro station. In addition, private parking is available in the building at the posted daily and monthly rates. Relocation expenses are not authorized for this position; however, other recruitment incentives may be authorized. Reasonable Accommodation (RA) Requests: If you believe you have a disability (i.e., physical or mental), covered by the Rehabilitation Act of 1973 as amended that would interfere with completing the USA Hire Competency Based Assessments, you will be granted the opportunity to request a RA in your online application. Requests for RA for the USA Hire Competency Based Assessments and appropriate supporting documentation for RA must be received prior to starting the USA Hire Competency Based Assessments. Decisions on requests for RA are made on a case-by-case basis. If you meet the minimum qualifications of the position, after notification of the adjudication of your request, you will receive an email invitation to complete the USA Hire Competency Based Assessments, based on your adjudication decision. You must complete all assessments within 48 hours of receiving the URL to access the USA Hire Competency Based Assessments if you received the link after the close of the announcement. To determine if you need a RA, please review the Procedures for Requesting a Reasonable Accommodation for Online Assessments.