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Contract Administration Presentation
1. ISCOM473 - Global Sourcing and Procurement
Instructor: David Underwood
Date: 3/16/2015
2. A procedure that entails a number of elements.
Contract maintenance and change control
Charges and cost monitoring
Ordering procedures
Payment procedures
Budget procedures
Resource management and planning
3.
4.
5.
6. Insurance certificates.
Permits.
Possible conflicts with other work.
Submission of time sheets (for incentive, cost,
and T&M contracts).
Buyer responsibilities. Collaboration milestones.
7. Establish best practices to be used by institutions
and agencies.
Achievement of excellence in contract
performance.
Structuring contracting programs by type of
activity