Contract management

ProcurEU definition

Contract management involves ensuring that the subject of the procurement is delivered according to the terms, conditions in the technical specifications and the contract, and in compliance with all legal requirements and technical specifications. This includes aspects related to governance, risk, performance (and Key Performance Indicators (KPIs)), rules on modifications of contracts and financial management of contracts.

In the case of supply contracts, contract management also covers logistics and inventory management. This means ensuring that goods are delivered on time and meet quality standards, and that the availability of stocks is consistently and cost-effectively maintained.

Piškotek

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