Tuesday, October 22, 2024
8:30 AM - 9:15 AM (CDT)
Grapevine 1
Best Practices for More Effective Contract Administration

As procurement professionals, we often focus a lot of energy on solicitations and getting contracts in place, but what happens next? This is the start of contract administration, which includes activities after the contract is executed. To create high-performing contracts, you need to simultaneously engage your client relationships and business-partner relationships to help all parties achieve their goals. Join our presentation to learn best practices that will ensure more effective results throughout your contract’s lifespan.

After attending this session, participants will be able to… 

  • Discuss and compare best practices with examples for more effective results of your contract’s lifespan.  

  • Create a contract administration plan (CAP) to communicate with internal clients in the planning stages of the contract solicitation and after the contract is awarded. 

  • Identify and recommend tools to develop stronger relationships with business partners to ensure contract success. 

 

Aaron Peterson Nicholas Trout