The basic function of contract administrators is to monitor payments and correspondence concerning contracts and to advise project managers on contractual matters.
Subcontract agreements are prepared by contract administrators in coordination with the on-site project teams. The draft forms of subcontracts, as well as associated review forms and checklists, are reviewed by the contracts administration manager or the project controls services director.
Where the projects are re-measurable, the contracts administrator also maintains accurate work-in-progress records and a record of the final account as agreed with the client. These records are updated daily and are used to prepare applications for payment and to prepare payments to subcontractors. |