Post job

Contracting officer vs business development consultant

The differences between contracting officers and business development consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business development consultant has an average salary of $85,153, which is higher than the $60,007 average annual salary of a contracting officer.

The top three skills for a contracting officer include contractor proposals, contract administration and contract management. The most important skills for a business development consultant are healthcare, CRM, and cloud.

Contracting officer vs business development consultant overview

Contracting OfficerBusiness Development Consultant
Yearly salary$60,007$85,153
Hourly rate$28.85$40.94
Growth rate-6%
Number of jobs59,896168,111
Job satisfaction-5
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 72%
Average age4444
Years of experience--

What does a contracting officer do?

In government agencies, a Contracting Officer plays a vital role in securing contracts for different projects. They are responsible for liaising with internal and external parties, conducting research and analyses, developing plans to attain project requirements, negotiating contracts, and procuring materials according to standards. They are also responsible for supervising the administrative processes related to the deals, from planning to execution, ensuring that everything runs smoothly and efficiently. Moreover, it is essential to function as a contracting officer while adhering to government policies and regulations.

What does a business development consultant do?

The role of business consultants is to provide an analysis of a company on its business practices and make recommendations for long-term goals. This role is also connected with various duties and responsibilities, including reviewing the company's financial statements, engaging in research on how to improve the company's offers, and developing new business models. Also, business consultants are responsible for negotiating contracts as needed, initiating plans and strategies to minimize company losses and drive profits. They may also function as the company's representative in promotional events and trade associations.

Contracting officer vs business development consultant salary

Contracting officers and business development consultants have different pay scales, as shown below.

Contracting OfficerBusiness Development Consultant
Average salary$60,007$85,153
Salary rangeBetween $37,000 And $95,000Between $52,000 And $137,000
Highest paying CityWashington, DCMinneapolis, MN
Highest paying stateMarylandPennsylvania
Best paying companyPacific Northwest National LaboratoryVeeva Systems
Best paying industryGovernmentMedia

Differences between contracting officer and business development consultant education

There are a few differences between a contracting officer and a business development consultant in terms of educational background:

Contracting OfficerBusiness Development Consultant
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Contracting officer vs business development consultant demographics

Here are the differences between contracting officers' and business development consultants' demographics:

Contracting OfficerBusiness Development Consultant
Average age4444
Gender ratioMale, 65.7% Female, 34.3%Male, 64.1% Female, 35.9%
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 contracting officer and business development consultant duties and responsibilities

Contracting officer example responsibilities.

  • Compile RFQ's, internet research, and manage officers.
  • Manage the RFQ and RFP solicitation process with campus departments to ensure legal and ethical compliance with state statutes.
  • Analyze requirements' effects on budget and formulate alternative logistics plans when operations or requirements change to accomplish unit's mission.
  • Perform market analysis of government agencies utilizing and not utilizing GSA travel services to capture undeveloped market.
  • Implement GSA assist acquisition service to provide task order support for federal agencies procuring ETS2 master contract.
  • Resolve day to day issues between personnel, contracting companies, base operations, government personnel and the DoD.
  • Show more

Business development consultant example responsibilities.

  • Manage and negotiate key vendor relationships including financial transaction processing, product marketing, advertising and collateral fulfillment to maximize ROI.
  • Improve customer retention and customer satisfaction by implementing a CRM system.
  • Work alongside CEO in developing and implementing a sales training program/protocols for new salespeople using a customize CRM
  • Connect business processes through its online payroll solution, integrate human resource information system and cloud computing services.
  • Conduct extensive research to identify healthcare provider clients and physician job candidates.
  • Arrange in-person meetings to referring primary care providers and other community healthcare organizations.
  • Show more

Contracting officer vs business development consultant skills

Common contracting officer skills
  • Contractor Proposals, 8%
  • Contract Administration, 7%
  • Contract Management, 5%
  • Contract Terms, 5%
  • Market Research, 4%
  • Technical Assistance, 4%
Common business development consultant skills
  • Healthcare, 13%
  • CRM, 9%
  • Cloud, 9%
  • Customer Satisfaction, 8%
  • Sales Training, 6%
  • Sales Pipeline, 5%

Browse business and financial jobs