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Contract administration
The process of managing the contract and the relationship with the buyer and seller; reviewing and documenting how a seller is performing or has performed to establish required corrective actions and provide a basis for future relationships with the seller; managing contract related changes; and, when appropriate, managing the contractual relationship with the outside buyer of the project.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Business services
- Category: Project management
- Company: WSDOT
- Product:
- Acronym-Abbreviation:
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