Contract Administration Director Salary in Red Bank, New Jersey

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Average Salary for Contract Administration Director in Red Bank, New Jersey

The average salary of a(n) Contract Administration Director in Red Bank, New Jersey is $202,982.

The average hourly rate of a(n) Contract Administration Director in Red Bank, New Jersey is $97.59.

The average bonus of a(n) Contract Administration Director in Red Bank, New Jersey is $27,017.00.

Job Description:

Directs personnel and activities of department, and plans, develops, and implements policies, procedures, and objectives of the contract administration function in accordance with objectives of the organization. Confers with organization officials to plan business objectives, to develop organizational policies related to contract administration, and to coordinate the contract administration function. Directs contract administration operations involving contracts for purchase or sale of equipment, materials, products, or services and may direct those who estimate expenditures expected and submits to management. Oversees contract preparation. Directs the review of bids from other firms for conformity to contract requirements and determines acceptable bids. Develops and directs the negotiations of contracts with customer or bidder. Directs the analysis of contracts and past operations, trends and costs, estimated and realized revenues, administrative commitments, and obligations incurred. Directs the development, installation, and maintenance of contract tracking that provide control of expenditures made to carry out activities, such as advertising and marketing, production and labor, maintenance, or project activities, such as construction of buildings. Advises management regarding contractual rights, obligations, and other contractual matters, such as effective use of resources and legal issues. Interprets contracts, accounts, and records to management. Directs activities concerned with amendments to or extensions of contracts. Less

Directs personnel and activities of department, and plans, develops, and implements policies, procedures, and objectives of the contract administration function in accordance with objectives of the organization. Confers with organization officials to plan business objectives, to develop organizational policies related... More

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