What is CONTRACT MANAGEMENT?

Administrative functions related to dealing with contracts, like 1) request to bid, 2) evaluating bid, 3) allotment of contract, 4) Implementing contract, 5) measuring completed work, and 6) computing payments. It also involves supervising contract connection, addressing linked issues, integrating necessary alterations or adjustments in the deal, making sure that both parties adhere to or surpass each other

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