Management of public procurement contracts

The management of public procurement contracts is an important step that occurs after the award of the contract. This step is to ensure that all parties adhere to the terms of the contract and to manage any modifications or changes that may occur.

Here are some key points to consider when managing public procurement contracts:

Obligations of the contracting parties: the contracting parties must respect the terms of the contract. The obligations of the parties may include regular deliveries, timely payments, guarantee of consistent quality, etc.

Payment deadlines: payment deadlines are generally fixed in the contract. Contracting authorities must pay bidders within the agreed time frame.

Contract modifications: Public procurement contracts can be modified along the way. Modifications may include changes in quantity, quality, price, delivery, etc. Any contract changes must be documented and approved by all parties involved.

Risk management: Risk management is an important part of public procurement contract management. Contracting parties should be aware of potential risks and take steps to minimize or manage these risks.

Dispute management: in the event of a dispute, the contracting parties may have to resort to dispute resolution procedures. It is important to have a dispute management plan in place to minimize negative impacts on the project and the parties involved.

In summary, the management of public procurement contracts is a crucial step in ensuring that all parties comply with the terms of the contract and in managing any changes or modifications that may occur. Risk and litigation management is also important to minimize negative impacts on the project and the parties involved.

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