Contract management and administration is a key element in the procurement process to ensure that Best Value for Money will be achieved throughout the acquisition process. Contract management involves vendor performance evaluation and rating on timely delivery, quality and assistance to the Requisitioner. Contract administration involves contract amendment or extension, contract closure, and maintenance of the contract file.
In this module we have discussed:
Activities that constitute contract management and administration
Steps involved in vendor performance evaluation process
UN dispute resolution process
This is the end of the Module. Please take the Module Quiz to check your learning result.