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Contract Administrator - Rockville, MD
$50,000 to $70,000.
Works with Project manager to compile subcontracts and material contracts for approval, distribution, and execution during Project Buyout
· Assist in execution of change orders
· Provide W-9’s and COI’s to Accounting to setup new Subs and Vendors
· Set up subcontracts in Procore
· Manage subcontract and change order uploads in Procore
· Manage subcontract and change order approvals in Procore and Yardi
· Manage subcontractors in Textura (monitor for compliance)
· Open Draws in Textura for Subcontractors monthly Pay Applications
· Collect and track lien waivers (Subs & Lower Tiers) through Textura
· Assist Subcontractors with billing and insurance questions
· Track subcontractor certificates of insurance in Textura
· Attend monthly OCIP (Owner Controlled Insurance Plan) calls
· Works closely with Alliant Insurance Services – OCIP Administrator
· Process weekly invoices for assigned projects
· Disburse payment to Subcontractors in Textura upon project funding each month
· Prepare checks on demand
· Prepare joint check agreements
· Prepare standard letters of credit & complete project information sheets
· Update forecasts in Yardi for monthly Production Report
· Maintain subcontract files on the network
· Assist in project closeout
· Make sure administrative policies and procedures that are currently in place are followed by the Project Team and Subcontractors
· Other tasks and responsibilities as assigned
Job Type: Full-time
Salary: $50,000.00 - $70,000.00 per year
Benefits:
Schedule:
Work Location: In person
Full Time
$74k-97k (estimate)
03/27/2024
04/09/2024
centurionselection.com
Houston, TX
<25
The job skills required for Contract Administrator include Accounting, etc. Having related job skills and expertise will give you an advantage when applying to be a Contract Administrator. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Contract Administrator. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Contract Administrator positions, which can be used as a reference in future career path planning. As a Contract Administrator, it can be promoted into senior positions as a Contracts Administration Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Contract Administrator. You can explore the career advancement for a Contract Administrator below and select your interested title to get hiring information.
If you are interested in becoming a Contract Administrator, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Contract Administrator for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Contract Administrator job description and responsibilities
Thus, this entails working to ensure that the terms and conditions contained within the contract are adhered to and that all of a party’s contractual obligations are met satisfactorily.
03/18/2022: Pocatello, ID
Contract administrators should seek to extract and store key dates centrally.
04/03/2022: Colorado Springs, CO
Administrators need to ensure they are able to collaborate with other teams while having a reliable approach to version control.
02/05/2022: Knoxville, TN
A contract manager may be employed to oversee the contract, and their role begins as soon as talk of a contract begins.
01/06/2022: Syracuse, NY
Remote contract administrators often research existing and modified regulations, construct pricing exhibits, and create special contracts for customers or vendors offered a bargain.
01/31/2022: Fresno, CA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Contract Administrator jobs
With contract repository software, fragmented approaches to administration can be eliminated and seamless data capture and storing can be achieved.
03/28/2022: Utica, NY
After the contract has been accepted and executed, there can be amendments and revisions needed as projects and tasks get underway.
04/02/2022: Bellingham, WA
Set and measure contract management KPIs.
01/13/2022: Parkersburg, WV
Conduct regular compliance reviews.
02/06/2022: Huntsville, AL
Conduct an audit of all things contract related. Develop a formal contract management framework.
03/16/2022: Shreveport, LA
Step 3: View the best colleges and universities for Contract Administrator.