contract administration

What Is Contract Surveillance?

by

What Is Contract Surveillance? Contract Surveillance: A planned, documented, and systemic approach to monitor contract performance. What is production surveillance? Production surveillance is a function of contract administration used to determine contractor progress and to identify any factors that may delay performance. Production surveillance involves Government review and analysis of— (a) Contractor performance plans, schedules,

What Is A Contract And Why Are Contracts Important?

by

What Is A Contract And Why Are Contracts Important? They serve as a record of commitments for both parties. At their very core, contracts are relationships. First, two parties agree to work together, and forge a connection that if fostered well and beneficial on both sides, can last years. A contract is the visual representation