Contract Management
Business Guide | June 2018
Contract management encompasses three stages: preparation and planning activities prior to contract award, contract administration during contract implementation, and contract closure.
This guidance note provides operational-level guidance for borrowers, through their executing agencies, on how contract management should be applied in projects during the procurement cycle for a contract financed in whole or in part by an ADB loan or grant, or by ADB-administered funds, for the procurement of goods, works, and services. Contract management encompasses three stages: preparation and planning activities prior to contract award, contract administration during contract implementation, and contract closure. Effective contract management ensures that supplier, contractor, and/or consultant deliverables and obligations are met as agreed under the contract. In addition, more efficient and effective contract management promotes increased and more timely loan disbursements.
Video: What is the goal of Contract Management?
Contents
- Objective and Benefits of Contract Management
- The Contract Management Process
- Reporting to and Requesting No-Objection from ADB