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Revisiting Contract Administration Responsibility

The Procurement ClassRoom

Introduction The procurement legal frameworks, guidelines, and manuals in many countries, especially in developing nations, often lack comprehensive policies and procedures for contract administration. Addressing Neglected Areas The monitoring of contracts for goods and services has been neglected, necessitating practical solutions.

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Contract Administration Basics

The Procurement ClassRoom

A contract is a written agreement, enforceable by law, between a procuring entity and a supplier , contractor or service provider for the provision of goods , works or services. Preparation for contract administration begins with planning , which should begin during the bidding and selection process. Where does it start?

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Understanding Firm Fixed Price Contracts: Benefits and Risks for Government Suppliers

Public Contracting Institute

Firm fixed price (FFP) contracts are a common type of agreement used in government contracting. Under an FFP contract, the supplier agrees to deliver a specific product or service at a predetermined price, regardless of the actual costs incurred during the project.

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ProcureWare Product Tip – Managing Supplier Insurance and Certifications

Procureware

Supplier Managed Information When a supplier registers in ProcureWare, they are prompted to upload an insurance certificate and add expiration and coverage information. Contract administrators can choose what information is required in the registration process. Once verified, they flag it as ‘internally approved.’

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Ultimate Guide to the Insight of Public Procurement Professionals

Tendersinfo

Procurement Implementation- It includes activities related to the acquisition, selection of suppliers, contract award, and other activities of contract administration. Procurement Evaluation- The final phase includes activities like Audit, Evaluation, Contract Award, and Feedback.

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ProcureWare Product Tip – Top 10 new features for 2017

Procureware

My favorite new features for 2017 include: • API • Approval workflows • Certifications • Connected bid events • Invite unregistered bidders • My Dashboard • PDF reports • Ranked reverse auction • Supplier view of contracts API Long before ProcureWare was developed, we envisioned an application that would easily connect to other business systems.

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Demystifying FedRAMP Certification: The Pathway to Secure Federal Contracts

Public Contracting Institute

This program provides a comprehensive introduction to the legal aspects of government contracting.