The Importance of a Post-Award Kick-Off Meeting in Contract Management

The ink might barely be dry on the documents, but that doesn't mean you can kick back and relax just yet. After signing a contract, it's crucial that you hold a post-award kick-off meeting as soon as possible in order to get everyone on the same page. Below, you'll find an overview of everything you need to know about how to start off your contract on the right foot.

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Common Problems in Post-Award Contract Management

The process of contracting is complicated. From establishing relationships to negotiating the particulars to getting the proper approvals, the creation of a single contract can take months if not years. And, because the award phase of the contracting process can be so long and onerous, it is easy to forget that getting the contract signed is the first piece in a massive puzzle. Risk increases in the post-award, management phase of the contract and generally, a contract that fails to deliver in the first six months of the contract fails to deliver overt the life of the contract. Because of the, it is critical that the post-award team is ready and informed. Here are the three most important actions to take to avoid some of the most prevalent problems in post-award contract management:

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