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https://procurementclassroom.com/contract-administration-basics/
Good contract administration is crucial to the success of the public contracting process, because it is during this stage that a significant amount of waste and abuse of public funds and corruption in public contracting happens. Most of the focus is placed on the procurement process,...
https://www.naspo.org/ContractAdministrationBestPractices
Monitoring contract performance is a key function in the contract administration process to make sure that all involved parties are performing their duties in accordance with the contract. Twenty-three percent of the State Central Procurement Offices participating in the 2018 NASPO Survey of State Procurement Practices record and track contractor performance.
https://www.purchasing-procurement-center.com/contract-management-process.html
The contract management process is the interaction between the vendor and the purchaser that ensures that both parties meet their respective obligations in any procurement relationship. The aim is to meet the operational, functional and business objectives required by the contract …
https://apttus.com/resources/what-is-contract-management/
Contract management or Contract Lifecycle Management is the Management of contracts from vendors, partners, customers, or employees – and at its most basic, contract management software can be defined as an electronic version of a filling cabinet. It supports the entire customer and contract lifecycle which covers any process that contributes, creates or utilizes contract data.
https://ppp-certification.com/ppp-certification-guide/43-contract-administration-planning-establishment-and-execution
Contract management tools and processes: The contract manual must provide a single point of reference for contract management tools and processes; and. Adaptability: The contract manual must be a dynamic document and must be updated regularly to ensure that it remains relevant throughout the project life cycle.
http://www.anticlue.net/archives/000850.htm
The Contract Administration process is apart of the Monitoring and Controlling Process Group. The inputs for this process are: Contract - A contract is an agreement between the buyer and the seller which details their legal requirements and obligations.
https://lrus.wolterskluwer.com/store/product/contract-administration-tools-techniques-and-best-practices/
Contract Administration: Tools Techniques and Best Practices provides a comprehensive overview of the contract administration process within the public sector. The book helps the reader develop a strong understanding of the complexities of contract administration and recognize the importance of planning, monitoring, and proactive insight into and oversight of contract performance.
https://www.project-management-knowhow.com/contract_management.html
Contract management is a continuous process, starting with analysis and evaluation of the customer’s inquiry, and carrying on until contract closure, upon fulfillment of all contractual obligations.
https://www.ungm.org/Areas/Public/pph/ch03s10.html
Contract management is similar to project management. Each contract is a mini-project. It has a unique goal, consumes resources, has a beginning and end date, and requires coordination and planning of relevant activities, as well as documentation in a contract file throughout the process.
https://www.businessnewsdaily.com/4813-contract-management.html
Aug 13, 2019 · Contract management is the process of managing contract creation, execution, and analysis to maximize operational and financial performance at an organization, all while reducing financial risk. Organizations encounter an ever-increasing amount of pressure to reduce costs and improve company performance.
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