Contract Development and Management
Manage contract creation, evaluation, negotiation, tendering to maximise operation and financial performance of an organisation
Type
Domain
Competency Area
Stakeholder and Customer Management
Levels
Draft contracts & monitor supplier performance
Prepare drafts of contracts providing relevant and accurate information and clauses, in accordance to specified contract timelines
Monitor activities and performance of supplier against contract terms
Identify supplier performance issues
Document changes and updates to contracts and agreements
Maintain communications with suppliers on a day-to- day basis
Maintain internal communications pertaining to supplier performance
Review contracts and documents to ensure alignment
Review business contracts according to negotiated service levels, vitiating factors and purchasing ethics
Drive contract creation timelines and milestones
Facilitate tender development and submissions
Review supplier efficiency and effectiveness
Negotiate service levels with service providers
Drive business negotiations with vendors to ensure business profitability
Determine needs of organisation and construct specifications for purchases
Formulate strategies to obtain optimum mix of reliability, costs and services from service providers
Oversee management of contract creation, evaluation, negotiation and tendering
Evaluate tendering risks
Formulate metrics for supplier assessment