Contracting Financial Management
Contracting Financial Management: understands and applies financial management concepts and practices related to contracting.
Key Behaviors:
- Works with project officer to develop cost estimates
- Uses financial analysis to evaluate cost and price proposals
- Selects the appropriate contracting financing terms and /or conditions for a given contract
- Tracks expenditures to ensure compliance with contract terms
- Analyses and renegotiates cost/price of contract as appropriate
- Understands cost accounting and reporting systems
- Understands and monitors the overall financial performance of the contract and draws accurate conclusions from financial information
