1.0 Introduction Construction contract administration is associated with handling all aspects of contracts such as invitation to bid, bid evaluation, award of contract, contract implementation, measurement of work completed, computation of requisitions and payments, monitoring contract relationship, addressing contract-related problems, incorporating necessary changes or modifications in the contract, ensuring both parties meet each other 's expectations, and interacting with the contractor to achieve the contract 's objectives (Hinze, 2000). However, the actual contract administration practices differ between countries as influenced by various factors including socioeconomic status and cultural values. Comparing contract …show more content…
2.0. Contract Administration Practice Standards Contract administration concentrates on the relationship between the client and contractors from the contract award to the contract close out insuring the contractor delivers the services in conformance with the project requirements. The contract administrator must completely understand all aspects throughout the entire period of the project. A contract administrator’s responsibilities are shown in Table 2.2 as defined officially (URL- 9, 2014). Table 2.2: A Contract Administrator’s Responsibilities 1) Having sufficient knowledge of contracting principles as it relates to their responsibilities in administering the contract 2) Communicating both with the owners/client and contractors on contractual issues 3) Maintaining records or logs to turn over to the procurement office after the completion of the project 4) Monitoring contract activities for compliance with the work progress to ensure services are performed according to the quality, quantity, objectives, timeframes and manner specified within the contract 5) Reviewing progress reports, status reports, and timesheets as required 6) Approving the final product/services by submitting a written document accepting the deliverables 7) Providing any documentation to the department 's procurement office when contract administrator activities are not assigned to the buyer 8) Monitoring expenditures, ensuring funding availability
TASKS. The Federal Contract Specialist position is responsible for a full range of contracting functions to include
The contract is agreement between two parties they find they have some to exchange; the power and commitment between two parties enforcement by the court, The contract have many legal details to be discussed by lawyer or expert. The contract administration, focus on the requirement for the services the company have to get when they sign a contract for new service or to get new products. In field like software consultant it is very complicated and different detailed need to focus on contract to be discussed before to sign any paper. The orientation, communication form and conference can be helpful to create good and detailed contract, all this method help the offeror and offeree to
Administration – essential in meeting legal requirements and being able to provide accurate, up to date records to enable a company to plan for the future.
Contracts are an important part of everyday life. They are an essential part of business. As a student of a business law class, I will discuss in this paper several aspects of contracts. This paper will give a definition of a contract and the essential elements necessary to form a valid contract. It will briefly discuss breach of contract and the difference between a material breach and a nonmaterial breach of contract. Examples of legal and equitable remedies available for breach of contracts will be highlighted. Also, legal excuses for nonperformance or other grounds for discharge of contracts will be addressed. Finally, three types of common contracts personally and professionally encountered will be mentioned.
Purchase of goods/services: At my job, the procurement manager is the one that decides the contract of vendors. He also decides what suppliers are to be used and approves all purchase
To conduct work as outlined in the contract between a covered entity and its business associate.
The Prime shall retain express and exclusive control over all prime proposal activities in response to the contract, as well as the negotiation of any resultant prime contract. The Prime will have the sole right to decide the form and content of all documents submitted to the Customer. The Prime will make reasonable efforts to ensure that the Subcontractor’s data are adequately portrayed and identified as the Subcontractor’s portion.
Specialist contractors – generally known as subcontractors – perform the majority of the work on commercial construction projects. They face significant challenges in allocating their resources across multiple, concurrent projects (O’Brien and Fischer 2000). Despite their central nature to project performance, relatively little research has been performed to formally model their operations. Without such modeling, there exists little basis from which to measure or improve performance. This dissertation attempts to address the limited literature by providing a formal, information model for subcontractor resource management. There are three main contributions: First, addition to the general literature on subcontractor management as a
Manage the procurement process from start to finish, including the development of Requests for Information (RFI), Invitation for Bids (IFB) and Requests for Proposals (RFP) while strictly adhering to procurement policies, statutes and disclosures; evaluate proposals, prepare award recommendations, negotiate and execute Contract. Facilitate the integration of new or revised programs/contracts; prepare an impact analysis resulting from changes.
Serve as the Contracting Officer’s Representative (COR) for multiple contracts (as many as five at a time). This includes technical contracts for the Census Hiring and Employment Check (CHEC) program, the Commerce Business Systems (CBS) program, as well as the Service Oriented Architecture (SOA) contract. Responsible for performing all duties required to put a contract in place, this includes performing Market Research, developing Statements of Work, working independently or with Acquisition to develop Acquisition Plans and Source Selection Plans, participating in the source selection process, developing Independent Government Cost Estimates, leading Technical Evaluation Teams (TET) and writing final TET reports, writing Best Value award documentation, creating Technical Evaluation Factors, developing Quality Assurance Plans, working with Subject Matter Experts to document contract deliverables, and developing Performance measures. Responsible for administering contracts and monitoring contractor performance to ensure that services performed by the contractor are in accordance with the contract. This includes reviewing project plans, accepting formal deliverables such as Quality Assurance Plans, Project Management Plans, Risk Management Plans, Test Plans, and Training Plans. Review contractor invoices for accuracy and completeness, and monitor contract balances to ensure there are no contract overruns. I train and mentor FAC Level II CORs and Task Managers as I am FAC
Project Execution and Control Phase has a direct correlation to project progress and stakeholder 's expectations. If the minor issues are not noticed, they impact cost, schedule and risk and see the project from the Project Plan, thus
• Ray: “Your telephone message about an error in your tender was a waste of time. You can’t change the rules. The best you can do is to withdraw”
The over-all responsibility for the acquisition and the procurement process of supplies, equipment and services are delegated to the Central Procurement Officer. To this end, the Central Procurement Officer shall ensure that the relevant Financial Regulations and Rules on Procurement are strictly complied with.
It is one of the elements to make sure that the contract is legally valid or acceptable.
Management skills are essential during the building process. Who does what, when and ensuring that all the permits are in order before a subcontractor arrives to