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Management and Operating Contract for the Los Alamos Form

Management and Operating Contract for the Los Alamos Form

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now we're talking about contract Administration when it comes to the legalities of our contract and that basically means the vendor does the work and we pay the vendor so we need payments to the vendor you may have payments linked to progress and recall that we had step funding so we had that S curve that goes up and we give enough Monies to get to Milestone one everything's good then we give another chunk of payment to get to Milestone 2 and so on so there may be Milestones that happen in the project where the vendor needs to be paid based on our progress probably have to do a seller performance review and I want to see how the work is progressing so like we do a performance report for the project there likely will be some type of performance review throughout the project for the vendor and at the end and then that becomes an input for future assignments future purchases

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