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Contract Management

The contracting process is often an overlooked part of Project planning and execution. Without spending the time upfront to thoughtfully plan a contracting strategy and negotiate strong contracts, costs savings opportunities may be missed. Supply Chain Specialists can help with all aspects, and with both sides of the supply chain process for the owner-operator and the vendor.

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What you can expect when you hire our services for Contract Management:

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  • Management of the contract's procedure from strategizing to close-out

  • Developing a contracting strategy to determine the best type of contract for the anticipated goods and services

  • Mitigating the client’s risk by identifying targets and milestones, liquidated damages, and indemnification obligations

  • Drafting Confidentiality Agreements

  • Drafting contract documents, including:

    • Master Services Agreement

    • Preferred Vendor Agreement

    • Master Transportation Agreement

    • Purchase Order

    • Scope of Work

    • Compensation Schedule

  • Liaising with the client’s stakeholders and legal counsel

  • Ensuring all interests are represented and managed throughout the contracting process

  • Managing the bidding process by:

    • Identifying potential bidders

    • Drafting, revising, and issuing tender packages and ancillary documentation

    • Issuing clarifications and addenda

    • Drafting RFP/RFQ package along with instructions to bidders/bidder's form

    • Coordinating RFQ/RFP responses and clarification responses

    • Evaluating and equalizing bids to ensure the most cost-effective tender option is chosen

    • Drafting recommendation to award, award letters and post-award documents

    • Drafting and negotiating all contract documents

    • Negotiating the final master agreement and purchase order

    • Ensuring all vendors bid packages comply with the client’s bid requirements and are comprehensive and of professional quality

    • Managing the RFQ/RFP process for subcontractors

  • Contract Administration services, including:

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