Contract Administration and Management
Develop contracts to determine suitable conditions of contract, and optimise the contract administration and management process taking into consideration the nature of the project
Type
Functional
Competency Area
Procurement Management
Levels
Support the documentation processes of contract administration and management
Gather information for relevant types of contracts based on the types of construction methods and approaches
Check contract details
Document standard conditions of contracts
Catalogue contracts in system upon agreement
Develop contracts and support contract management
Understand the latest development in contract and construction law
Edit contract clauses
Review conditions of contracts
Track adherence to contract terms
Monitor contract milestones and expiries to facilitate contract renewals as necessary
Report contract progress to relevant stakeholders
Execute contract administration tasks
Provide records and documentation to support contract dispute resolutions
Ensure contracts comply with relevant regulatory acts
Advise on contracts and overall contract management
Review contracts to suggest amendments
Approve new contracts
Negotiate contract terms as required
Advise on best practices for document control techniques
Identify contractual issues against contract terms
Lead contract management discussions
Initiate post-contract analyses, evaluation and reporting
Advise on contractual risks
Formulate strategies for contract administration and management
Lead strategic contract reviews
Collaborate with legal department and external legal teams
Drive establishment of standard contract administration and management processes
Manage contract disputes
Determine risk mitigation strategies for contractual risks
Drive collaborative contracting practices
Encourage cooperation amongst relevant stakeholders for collaborative contracting