Contract Managers are well experienced in CCA, CCDC, FIDIC, NCMA types of contracts in addition to customized PPP/AFP, PFI and IPD types of Project Agreements and Contract Administration. Contract Managers liaise between both Public and Private Entities for successful collaboration and overall project success.
A global networked economy had elevated the role of contract management within high-performance organizations. It emphasized the extent to which increasing complexity was demanding greater discipline in the formation, governance, transparency and management. The contracting process is a mechanism for ensuring such disciplines are complied with, especially within PPP, IPD and other contracting models.
The key aspect of the Contract Manager is to ensure that commitments sought or given during contract life-cycle, are ethical, unbiased, proven achievable, uncompromised to safety and quality standards and in compliance with organizational policy. Also, Contract Manager to ensure that such commitments doesn’t collapse trust in corporate governance and hence implicitly make the role more vital for dependable, professional and reliable for business sustainability.
In high value contract management, it is about more than just compliance and transactional oversight. It is also about ethics, integrity, the management of reputational and regulatory risks, and ensuring on-going competitiveness. So the role of a Contract Manager has been made substantially more important, and more strategic on a long-term perspective.
Today’s ‘best practice’ contracts groups are those with a holistic responsibility for the contracting process (upstream and downstream). Contract Manager are increasingly involved in establishing contracting policies that support market and business strategy, as its resources are not fragmented to cover scope from concept to commissioning.