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Jeff Postel, founder of Post L Group, a Black owned construction management company, believes the city of Fort Worth should increase its efforts to award contracts to minority-owned businesses.
Finley Resources is a privately owned and operated energy company headquartered in Fort Worth, Texas, USA. [1] [2] The company operates about 2,500 oil and gas properties in nine states including Texas, Oklahoma, Utah, Wyoming, Louisiana, Mississippi, Alabama, Pennsylvania, and New Mexico.
The National Contract Management Association (NCMA) is a professional association, based in the United States, dedicated to the profession of contract management. [1] Founded in 1959, NCMA now has over 20,000 members and more than 100 local chapters.
EPCM is a services-only contract, under which the contractor performs engineering, procurement and construction management services. In an EPCM arrangement, the client selects a contractor who provides management services for the whole project on behalf of the client.
In fiscal year 2019, the US Federal Government spent $597bn on contracts. [2] The market for state, local, and education (SLED) contracts is thought to be worth $1.5 trillion. [citation needed] Supplies are purchased from both domestic and overseas suppliers.
Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees.Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions, as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution.
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