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Contract negotiator vs contracts specialist

The differences between contract negotiators and contracts specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contracts specialist has an average salary of $63,727, which is higher than the $59,212 average annual salary of a contract negotiator.

The top three skills for a contract negotiator include contract administration, contract performance and contract terms. The most important skills for a contracts specialist are veterans, DOD, and contract administration.

Contract negotiator vs contracts specialist overview

Contract NegotiatorContracts Specialist
Yearly salary$59,212$63,727
Hourly rate$28.47$30.64
Growth rate9%-6%
Number of jobs10,83127,244
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 62%
Average age4444
Years of experience--

What does a contract negotiator do?

A contract negotiator is responsible for evaluating contract agreements and documents, negotiating terms with clients and customers, and resolving contract disputes. Contract negotiators manage parties' business deals and ensure that the conditions adhere to the company guidelines and state regulations. They also explain and discuss the contract to the representatives thoroughly and address any concerns and inquiries the parties may have. A contract negotiator must have excellent communication and organizational skills, especially in finalizing terms and revising statements as needed.

What does a contracts specialist do?

A contract specialist is responsible for evaluating contract agreements between the business and its clients. Contract specialists write beneficial deals that would develop good, professional working partnerships. They negotiate terms with clients, analyzing bid offers, review legislation processes and regulations, provide immediate resolution for breach of contracts, manage procurement proposals, and communicate with potential and existing clients for any amendments and clarifications. A contract specialist must have excellent communication and negotiation skills and broad knowledge of legal terminologies and contract styles.

Contract negotiator vs contracts specialist salary

Contract negotiators and contracts specialists have different pay scales, as shown below.

Contract NegotiatorContracts Specialist
Average salary$59,212$63,727
Salary rangeBetween $39,000 And $87,000Between $40,000 And $99,000
Highest paying CityWashington, DCWashington, DC
Highest paying statePennsylvaniaDelaware
Best paying companyCiscoGoogle
Best paying industryInsuranceGovernment

Differences between contract negotiator and contracts specialist education

There are a few differences between a contract negotiator and a contracts specialist in terms of educational background:

Contract NegotiatorContracts Specialist
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaWestern Carolina University

Contract negotiator vs contracts specialist demographics

Here are the differences between contract negotiators' and contracts specialists' demographics:

Contract NegotiatorContracts Specialist
Average age4444
Gender ratioMale, 52.7% Female, 47.3%Male, 40.2% Female, 59.8%
Race ratioBlack 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%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 Percentage11%11%

Differences between contract negotiator and contracts specialist duties and responsibilities

Contract negotiator example responsibilities.

  • Manage expectations of DCMA / DCAA regulators and when necessary defend evaluated/negotiated positions.
  • Provide cost/benefit analysis, RFP response analysis, contract negotiation, and project management support.
  • Prepare proposals per domestic and international customer RFP specifications with input from program managers, accountants, and engineers.
  • Implement SharePoint contract repository with custom records retention policy.
  • Track the full acquisition documentation process utilizing a DHA agency-wide SharePoint portal.
  • Represent company in arbitration settlement negotiations that result in an agreement to obtain governmental approval for the sale of the business.
  • Show more

Contracts specialist example responsibilities.

  • Manage multiple task orders in an IDIQ environment.
  • Provide clarity on medical and drug cover benefits for a Medicare advantage insurance plan.
  • Manage inventory and distribution activities of the third-party logistics provider.
  • Develop marketing strategies to expand Medicaid manage care provider network and enrollment.
  • Manage the influenza vaccine annual contracting and RFP process for a national specialty pharmaceutical distributor.
  • Process purchase orders and subcontracts, including managing insurance requirement compliance and certify payroll documentation.
  • Show more

Contract negotiator vs contracts specialist skills

Common contract negotiator skills
  • Contract Administration, 9%
  • Contract Performance, 6%
  • Contract Terms, 6%
  • Proposal Preparation, 6%
  • Program Management, 5%
  • Contract Compliance, 5%
Common contracts specialist skills
  • Veterans, 7%
  • DOD, 7%
  • Contract Administration, 6%
  • Contract Terms, 5%
  • Contract Management, 5%
  • Market Research, 5%

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