Best Practices to Ensure Contract Compliance

20th November 2017

by Stuti Mehrotra


cont-comp Achieving contract compliance is one of the most important goals of post-award contract management. To do so, it is imperative to manage the various contractual obligations well, track important milestones in a timely fashion, and ensure meeting necessary regulations.

 

The best practices to ensure contract compliance include:

  • Establishing a smooth system of contract audits for internal processes
  • Maintaining a contract template and clause library
  • Creating standard workflows
  • Defining and communicating essential benchmarks for measurement of
    performance

 

Download this infographic to learn more about these best practices and how to achieve them


author

Author

Stuti Mehrotra
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