Subcontracts Administrator Salary (2024)

FAQs

Subcontracts Administrator Salary? ›

How much does a Senior Subcontract Administrator make in New Jersey? As of Jul 1, 2024, the average annual pay for a Senior Subcontract Administrator in New Jersey is $89,810 a year. Just in case you need a simple salary calculator, that works out to be approximately $43.18 an hour.

A subcontract administrator (SCA) works for a business to obtain materials, equipment, services, or anything else that the company needs through subcontracts. A subcontract is an agreement with a third party to assist in completing a project, whether through goods, services, or workers.

Highest salary that a Office Administrator can earn is ₹7.5 Lakhs per year (₹62.5k per month). How does Office Administrator Salary in India change with experience?

Monitor subcontractor performance and initiate corrective action if performance falters; execute contract modifications in response to changing requirements; and perform close-out activities.

What are the duties and responsibilities of a Contract Administrator? The duties of a Contract Administrator include preparing contracts, negotiating terms, reviewing existing contracts, explaining terms to stakeholders, ensuring compliance, analyzing risks, and maintaining contract records.

Subcontractors receive payment once a portion of work is completed, even if there is more scheduled work. These milestones are usually outlined before work begins. Completion payments. Subcontractors receive payment only after all subcontracted work is finished.

Contract management proves to be a savvy career choice because the field provides you opportunities to develop outstanding professional and technical skills that are always in demand.

For example, some employers may refer to a Contract Administrator as either a Contract Manager or a Contract Specialist.

What does a subcontract administrator do at Lockheed Martin? ›

Prepares bid packages, conducts bidders' conferences, develops evaluation criteria, analyzes and evaluates proposals, negotiates subcontract provisions, selects or recommends subcontractors, writes subcontract packages for review, prepares awards and administers resulting subcontracts.

A subcontract is a contract that involves a subcontractor undertaking part of the main contract on behalf of the main contractor. This is generally a tier 2 contract. Procuring subcontractors is the process by which these various specialist trades are brought into a project.

Subcontractors use their specialist skills in many industries, covering services that general contractors can't offer. For example, a cybersecurity specialist may work as a subcontractor for an IT helpdesk service to resolve a data breach problem. Some of the key industries that use subcontractors include: construction.

Sub admins can help with management tasks on an account, as determined by the permissions admins grant them. Certain sub admin permissions, like editing groups, managing users and licenses, recommending content and viewing reports, can be limited to specific groups within the account by the admin.

The selection and management of qualified subcontractors is paramount to avoid costly schedule delays and cost overruns. In other words, risks to your project. Subcontractors have insufficient time to generate a complete and thorough proposal.

Subcontracting is the practice of assigning, or outsourcing, part of the obligations and tasks under a contract to another party known as a subcontractor. Subcontracting is especially prevalent in areas where complex projects are the norm, such as construction and information technology.