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Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees.Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions, as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution.
The Defense Contract Management Agency(DCMA) is an agency of the United Statesfederal government reporting to the Under Secretary of Defense for Acquisition and Sustainment. It is responsible for administering contractsfor the Department of Defense(DoD) and other authorized federal agencies. Its headquarters is located at Fort Gregg-Adams ...
e. Government procurement or public procurement is when a governing body purchases goods, works, and services from an organization for themselves or the taxpayers. [ 1 ][ 2 ][ 3 ] In 2019, public procurement accounted for approximately 12% of GDP in OECD countries. [ 4 ][ 5 ] In 2021 the World Bank Group estimated that public procurement made ...
Performance-based contracting (PBC) is about buying performance, not transactional goods and services, through an integrated acquisition and logistics process delivering improved capability to a range of products and services. PBC is a support strategy that places primary emphasis on optimising system support to meet the needs of the user.
Military acquisition or defense acquisition is the " bureaucratic management and procurement process", [1] dealing with a nation 's investments in the technologies, programs, and product support necessary to achieve its national security strategy and support its armed forces. Its objective is to acquire products that satisfy specified needs and ...
SPS is an outgrowth of the DoD Corporate Information Management (CIM) initiatives in the early 1990s, and is intended to provide standard business processes and data management across disparate acquisition communities, including: Posts, camps, and stations. Inventory Control Points. Major Weapon Systems. Contingency contracting.
A Contracting Officer's Technical Representative (COTR) is a business communications liaison between the United States government and a private contractor.The COTR is normally a federal or state employee who is responsible for recommending actions and expenditures for both standard delivery orders and task orders, and those that fall outside of the normal business practices of its supporting ...
The CDRL is the standard format for identifying potential data requirements in a solicitation, and deliverable data requirements in a contract. The purpose of the CDRL is to provide a standardized method of clearly and unambiguously delineating the government's minimum essential data needs.
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