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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.
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.
The contract administration process was again reviewed in 1989. Citing continued problems with the manner in which the services were administering contracts, a Defense Management Review Decision (DMRD) 916 recommended the establishment of a joint command to administer defense contracts, to ensure that consistent policies and standards were ...
A Contracting Officer's Technical Representative (COTR) is a business communications liaison between the United States government and a private contractor.The COTR is normally a federal or state employee who is responsible for recommending actions and expenditures for both standard delivery orders and task orders, and those that fall outside of the normal business practices of its supporting ...
The Office for administration and payment of individual entitlements, also known as the Paymaster's Office or PMO is a central office of the European Commission.. The PMO's mission is to manage the financial rights of permanent, temporary and contractual staff working at the Commission, to calculate and to pay their salaries and other financial entitlements.
In fiscal year 2019, the US Federal Government spent $597bn on contracts. [2] The Obama administration measured spend at over $500bn in 2008, double the spend level of 2001. [4]
Executive Schedule (5 U.S.C. §§ 5311–5318) is the system of salaries given to the highest-ranked appointed officials in the executive branch of the U.S. government. . The president of the United States appoints individuals to these positions, most with the advice and consent of the United States Sena
The Indian Defence Contract Management Service (IDCMS) is a civil service of the government of India. The IDCMS is a gazetted group of civilian officers under the Ministry of Defence which is responsible for all financial matters, including procurement, tendering, contract management, dispute resolution, arbitration, and quantity surveying. [8]