The final hurdle has been jumped over and the finishing line is just ahead..
You have just completed the rigorous and thorough process of selecting your perfect supplier. Contracts have been signed and both parties can look forward to a mutually beneficial relationship.
Now is the time to sit back, relax and congratulate yourself on a job well done. Not quite! The importance of Post Award Contract Management cannot be stressed highly enough. It is simply not good enough to assume that a contract will be complied with without any effort from you however large or small the contract is. By managing the contract helps to ensure that KPI’s are met, deliveries/services completed on time, quality is maintained and a good two way relationship is forged.
DPSS are developing a new web app to help clients service their own post award contracts in an effective and efficient manner. We are very keen to help our clients control their contracts to a high standard and thus alleviating possible issues. Particularly helpful when controlling a limited budget.
Knowing the difference between a win-win and a win-lose situation is critical when handling supplier relationships. Poor decision making by the client, whatever the intention may be, can be detrimental and impact on the performance of the contract.