Solution details
Platform:
Online
Description:
Manage the contract life cycle by controlling the award process from preparation of the contract through sending it out for bids. Once awarded, have the ability to track the contract through completion of the project. Some of the features and benefits of this module include: *Negotiate better contracts using contractor ratings from past performance *Track contractor labor and cost history *Maintain contract’s declining balance automatically for work performed on a life-to-date basis *Select multiple bidders and contract services for bid preparation *Withhold a portion of the contract value at end-of-contract to assure satisfactory performance