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Contract administrator/contract specialist vs contract coordinator

The differences between contract administrator/contract specialists and contract coordinators can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contract administrator/contract specialist has an average salary of $53,425, which is higher than the $43,318 average annual salary of a contract coordinator.

The top three skills for a contract administrator/contract specialist include contract management, purchase orders and contract terms. The most important skills for a contract coordinator are customer service, data entry, and contract management.

Contract administrator/contract specialist vs contract coordinator overview

Contract Administrator/Contract SpecialistContract Coordinator
Yearly salary$53,425$43,318
Hourly rate$25.69$20.83
Growth rate9%9%
Number of jobs61,76438,845
Job satisfaction--
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 60%
Average age4844
Years of experience6-

What does a contract administrator/contract specialist do?

A Contract Administrator and Contract Specialist reviews all contracts of the company. They are responsible for reviewing every contract if it is for the company's benefit and if there are hidden risks. This person also helps draft future contracts and inspects new contracts during deals and negotiations. Contract Specialists update existing contracts, propose amendments if necessary, and advise the company on contracts that have risks that may affect the activities of the company.

What does a contract coordinator do?

Contract Coordinators manage the company's contracts with suppliers, vendors, or other external parties. They keep track of all existing agreements and ensure that these agreements are properly documented. They manage the hard copy of the contracts, update suppliers' records, and review contracts to ensure that the best deals are made for their company. They also keep track of all the suppliers and their performance as vendors when tapped by the company. Contract Coordinators oversee different contracts' fulfillment to guarantee that all agreements and stipulations are met, especially deadlines and engagement specifications.

Contract administrator/contract specialist vs contract coordinator salary

Contract administrator/contract specialists and contract coordinators have different pay scales, as shown below.

Contract Administrator/Contract SpecialistContract Coordinator
Average salary$53,425$43,318
Salary rangeBetween $35,000 And $79,000Between $32,000 And $58,000
Highest paying CityAnnapolis, MDNew York, NY
Highest paying stateMarylandConnecticut
Best paying companyJacobs Engineering GroupAbbVie
Best paying industryTechnologyFinance

Differences between contract administrator/contract specialist and contract coordinator education

There are a few differences between a contract administrator/contract specialist and a contract coordinator in terms of educational background:

Contract Administrator/Contract SpecialistContract Coordinator
Most common degreeBachelor's Degree, 60%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaWestern Carolina University

Contract administrator/contract specialist vs contract coordinator demographics

Here are the differences between contract administrator/contract specialists' and contract coordinators' demographics:

Contract Administrator/Contract SpecialistContract Coordinator
Average age4844
Gender ratioMale, 30.0% Female, 70.0%Male, 30.0% Female, 70.0%
Race ratioBlack or African American, 8.8% Unknown, 4.4% Hispanic or Latino, 12.2% Asian, 7.6% White, 66.3% American Indian and Alaska Native, 0.8%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage7%11%

Differences between contract administrator/contract specialist and contract coordinator duties and responsibilities

Contract administrator/contract specialist example responsibilities.

  • Lead the projects through initial project execution at local CMO's.
  • Create operational efficiencies by effectively managing databases containing RFP library responses and approve responses to request revisions to form agreements.
  • Ensure refund to DLA from vendor if applicable.
  • Make recommendations to the ACO concerning property issues as required.
  • Monitor the contractor's purchase material and vendor QA controls.
  • Review and analyzes contractor or vendor QA data and adjusts receiving process.
  • Show more

Contract coordinator example responsibilities.

  • Manage PeopleSoft for files in all departments, along with internal intranet managing.
  • Manage tight deadlines to perform experiments, troubleshoot, submit documents, and train personnel.
  • Manage collections, account reconciliation, discrepancies, payments and create spreadsheets, A/R, A/P and supervise receptionist.
  • Manage technical and non-technical vendors to ensure competitive pricing and timely delivery, with proper RFP's and SLA agreements.
  • Assist management in facilitating start-up QSR accounts while effectively managing GPO accounts.
  • Manage expectations of DCMA / DCAA regulators and when necessary defend evaluated/negotiated positions.
  • Show more

Contract administrator/contract specialist vs contract coordinator skills

Common contract administrator/contract specialist skills
  • Contract Management, 13%
  • Purchase Orders, 12%
  • Contract Terms, 9%
  • Data Entry, 9%
  • Price Analysis, 6%
  • Defense Finance, 3%
Common contract coordinator skills
  • Customer Service, 12%
  • Data Entry, 7%
  • Contract Management, 6%
  • Excellent Organizational, 5%
  • Patients, 5%
  • PowerPoint, 4%

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