Bidding Contract Administration Goods & Services 
The Procurement ClassRoom
MARCH 1, 2016
This is further developed into policies and procedures, procurement and contract administration manuals and guidelines, including standard bidding documents which are used for inviting bids and proposals. How to prepare a bidding document (What is the approval process and how long does it take?). How is it done?
Procurement Notes
OCTOBER 10, 2022
So, if the solicitation had language or terms that contemplated the possibility of cost volatility (notwithstanding seeking a fixed price), arguably, offerors should have anticipated the issue as a significant possibility for contract administration. and extending the delivery schedule was a major change to the contract.
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