Contract Management in Public Sector

Contract management in the public sector involves the planning, execution, and oversight of agreements between government agencies and external vendors or service providers. It ensures that contracts are fulfilled according to their terms, including quality, budget, and timelines. This process includes selecting suppliers, monitoring performance, managing risks, and ensuring compliance with laws and regulations. Effective contract management promotes accountability, transparency, and value for taxpayer money, ultimately contributing to the efficient delivery of public services.