Contract Administration

Contract administration is the process of managing and administering a contract between two or more parties. It includes all aspects of the contract, from negotiating and drafting the contract, to enforcing and interpreting the contract, to managing changes and disputes that may arise during the life of the contract.

The role of contract administrator can be performed by a variety of people, depending on the size and complexity of the contract. In some cases, a single person may be responsible for all aspects of contract administration. In other cases, there may be a team of people assigned to different tasks, such as negotiating, drafting, enforcing, and interpreting the contract.

The goal of contract administration is to ensure that all parties fulfill their obligations under the contract, and to resolve any disputes that may arise in a fair and timely manner.

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