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Become A Contract Administrator/Contract Specialist

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Working As A Contract Administrator/Contract Specialist

  • $67,426

    Average Salary

What Does A Contract Administrator/Contract Specialist Do At Aerojet Rocketdyne

* Responsible for the negotiation, administration and monitoring of major contracts with government agencies and prime contractors including such matters as price, delivery and other terms and clauses involving significant responsibility and liability.
* Applies expertise to directly contribute to the development of new concepts and techniques.
* Exercises considerable latitude in determining objectives and approaches to assignments.
* Acts as liaison/consultant with external and internal customers on all matters affecting contractual agreements.
* Provides effective verbal and written communication.
* Essential Job Functions (Including % of Time for Each):
* Plan, conduct, and direct projects or major phases of significant project assignment, coordinating the efforts of internal stakeholders in the performance of assigned activities.
* Administers moderate to large contracts of great complexity.
* Independently negotiates with the customer on contract terminology, pricing, technical requirements, scope and terms.
* Recommends contract changes, including major revisions and coordinates the preparation and final negotiation of change orders, supplemental agreements, price re-determination, etc. affecting the life of the contract.
* Ensures compliance with regulatory and company requirements to protect the company.
* Monitors internal progress of contracts with various business units to ensure fulfillment of contract requirements.
* Monitors and reviews for completeness, accuracy and conformance with Federal and Defense procurement regulations and company procedural requirements.
* Prepares all necessary internal reports for management and periodic reports to customer contracting officers/buyers as required.
* Assists in developing policies, procedures and practices relating to contract administration

What Does A Contract Administrator/Contract Specialist Do At Bechtel Corporation

* Develops and issues contracts and services agreements as assigned by performing the following:
* Prepares bidder lists
* Pre-qualifies bidders
* Forms bid request packages
* Issues bid request packages to approved bidders
* Coordinates bidder questions and answers to those questions
* Receives bids
* Evaluates bids commercially
* Prepares Commercial Bid Summary and recommendation letter
* Recommends and secures approvals in accordance with established procedures
* Prepares contract documents for execution
* Prepares and maintains control and status reporting documents
* Prepares and organizes assigned Contracts sponsored meetings, such as bid clarification and pre-award meetings, for the purpose of ensuring complete understanding and agreement between Bechtel, the client and contractor on all contractual matters.
* After reviewing plan and agenda with supervisor, conducts meeting and prepares and issues meeting notes delineating important statements, required actions and schedules.
* Assists project Contracts team when instructed in solving and attending to administrative problems on commitments involving high monetary expenditure or risk, engineered technical specifications or supplementary commercial conditions.
* Basic Qualifications
* Undergraduate degree from an accredited institution in Business, Engineering, Engineering Management, Construction Engineering, Construction Management, or Project Management; OR in lieu of a degree, progressive work experience.
* Minimum 3
* years (sub)contract experience in the heavy construction industry
* Must have experience in the formation of contracts and contract agreements, including types, terms and legal requirements.
* Strong skills in handline contract correspondence and written documentation.
* Knowledge of law, negotiations, accounting or cost engineering gained through education or experience.
* Proficiency in all phases of the formation and award of large, moderately complex contracts.
* May provide operational and/or functional direction to assigned personnel.
* Conforms and ensures contract execution.
* Directs negotiation in the commitment of contracts.
* Experience in developing contract types, fee arrangements and contract terms.
* Experience in developing and recommending potential solutions to contractual problems to management.
* Demonstrated analytical and organizational skills.
* Skill in working and communicating effectively, both orally and in writing, with other project functional groups.
* Knowledge and understanding of the project functional groups and company policies, procedures and work practices.
* Proficient in Microsoft Office, Word, and Excel.
* MUST BE WILLING TO TAKE BUSINESS TRIPS, SHORT AND OR LONG TERM ASSIGNMENTS.
* RIGHT TO WORK AND REMAIN IN THE UNITED STATES

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Average Length of Employment
Contract Analyst 2.3 years
Top Careers Before Contract Administrator/Contract Specialist
Buyer 3.4%
Secretary 3.4%
Specialist 3.0%
Internship 3.0%
Top Careers After Contract Administrator/Contract Specialist
Buyer 4.5%
Manager 4.1%
Consultant 3.6%
Companion 2.3%

Do you work as a Contract Administrator/Contract Specialist?

Contract Administrator/Contract Specialist Demographics

Gender

Female

67.5%

Male

30.5%

Unknown

2.0%
Ethnicity

White

61.0%

Hispanic or Latino

15.2%

Black or African American

13.7%

Asian

7.1%

Unknown

3.0%
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Foreign Languages Spoken

Spanish

53.8%

German

7.7%

French

7.7%

Czech

7.7%

Carrier

7.7%

Polish

7.7%

Korean

7.7%
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Contract Administrator/Contract Specialist Education

Schools

University of Phoenix

14.6%

University of Maryland - University College

13.4%

Villanova University

7.3%

Webster University

7.3%

Duquesne University

4.9%

Liberty University

4.9%

Strayer University

4.9%

Walden University

4.9%

Pace University - New York

4.9%

Ashford University

4.9%

Kaplan University

3.7%

Wilmington University

3.7%

American InterContinental University

3.7%

University of Connecticut

2.4%

University of the District of Columbia

2.4%

Central Connecticut State University

2.4%

Virginia Commonwealth University

2.4%

Community College of the Air Force

2.4%

University of West Florida

2.4%

Excelsior College

2.4%
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Majors

Business

39.4%

Management

8.3%

Law

6.7%

Accounting

6.7%

Human Resources Management

3.9%

Political Science

3.5%

Criminal Justice

3.5%

Psychology

2.8%

Finance

2.8%

Communication

2.8%

Legal Support Services

2.8%

Real Estate

2.8%

Social Work

2.4%

Public Relations

2.0%

Liberal Arts

2.0%

Economics

1.6%

Secretarial And Administrative Science

1.6%

Human Services

1.6%

Health Care Administration

1.6%

Project Management

1.6%
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Degrees

Bachelors

37.0%

Masters

24.5%

Other

22.4%

Associate

6.4%

Doctorate

4.7%

Certificate

3.8%

License

0.6%

Diploma

0.6%
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Contract Administrator/Contract Specialist Videos

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Top Skills for A Contract Administrator/Contract Specialist

  1. Contract Negotiations
  2. Compliance
  3. Procedures
You can check out examples of real life uses of top skills on resumes here:
  • Supported and participated in contract negotiations.
  • Maintained departmental compliance information, Standard Operating Procedures and PI academic credentials.
  • Develop cost effective procedures for purchasing merchandise.
  • Maintained and negotiated lease agreements.
  • Prepare administrative modifications to contracts, delivery orders, and blanket purchase orders.

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