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    Contract Administrator - Washington, United States - Medstar

    Medstar
    Medstar Washington, United States

    3 weeks ago

    Default job background
    Description

    Reviews and administers contracts in accordance with Hospital and Medstar Health policies and procedures. Manages contract development, administration, tracking, reporting and analysis activities as well as the communication of contract performance and contract compliance. Conducts analysis of markets, vendors, and existing contracts across the MedStar Health system to ensure the most effective, and efficient use of resources. Identifies, coordinates, and documents costs savings and cost containment projects. Evaluates vendor contract performance on a regular basis against budgetary targets, and contract specifications.
    Education

    • Bachelor's degree in Business Administration, Business Management. pr related field required
    Experience
    • 3-4 years of progressively more responsible job related experience working with contracts, lease agreements, materials management, or other related responsibilities required
    • Experience in a hospital setting preferred
  • Conducts quantitative analysis to determine most competitive price/service arrangements. Makes price reasonableness determinations in the lack of competition.
  • Develops and utilizes the economical and efficient contract arrangements to meet customer needs including standing orders, blanket orders, vendor stocking arrangements, and pricing agreements.
  • Directs the planning process for all contract renewals and negotiations including assessment of historical performance and issues.
  • Coordinates/facilitates product/contract standardization efforts. Coordinates results of standardization efforts with multiple personnel to ensure the coherent documented standardization plan is accurate.
  • Assists clients in writing product/service specifications for new products/services needs.
  • Develops and processes contract modifications/extensions as required.
  • Advises executive leadership on the status of procurement actions, including problems encountered and proposed solutions to resolve.
  • Keeps/maintains traditional contract files. Supports executive leadership by providing regular reports on contract status.
  • Prepares a wide range of reports to include periodic progress reports on all projects and contractual arrangements.
  • Works with materials management, human resources, legal affairs and compliance to ensure that all contracts adheres to the organization's standards, policies and procedures. Ensures corporate compliance regulations are adhered to.
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