Steps of the contract management process


1) Go to each of the given sites:

? Kentucky e-Procurement (www.eprocurement.ky.gov) or (https://finance.ky.gov/services/eprocurement/pages/default.aspx)

? North Carolina e-Procurement (www.eprocurement.nc.gov)

Familiarize yourself with the way each state is handling the contract management process. Compare the two and discuss differences. Relate the practices of one state to each of the following:

? vendor search
? requests for proposals
? involvement of various types of vendors
? negotiations
? other elements of contract negotiations

2. Consider the steps of the contract management process (procurement cycle): procurement planning, solicitation planning, solicitation, source selection, contract administration, contract closeout or termination. Consider how making an error or miscalculation in each of the phases could affect overall project goals.

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Other Management: Steps of the contract management process
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