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What Is Contract Management?
The work of running a contract after award — tracking performance, managing change and handling the relationship and payments.
What does contract management involve?
Tracking delivery against the contract and its KPIs, managing changes, handling payments and invoices, and maintaining the working relationship between buyer and supplier.
What must buyers publish during the contract?
For larger contracts, buyers set KPIs and publish contract performance notices. They also publish notices when contracts change or end.
Why does it matter to suppliers?
Strong delivery and good performance records build trust with the buyer and become valuable references in future bids.
