While contract management encompasses activities throughout the entire contract lifecycle, there are some distinct differences between pre award and post award focus areas:

Pre award contract management centers around procurement, solicitation, bid evaluation, negotiation, and contract creation. Activities include developing requirements, identifying qualified bidders, analyzing proposals, performing due diligence, negotiating terms, and drafting the contract documents.

Post award phase of contract management involves execution, oversight, and administration after the contract has been formally signed. Activities focus on monitoring performance, relationship management, risk mitigation, payment approvals, change integration, record$-$keeping, and ensuring fulfillment of all contract obligations.

Related Blog: Significance of Pre$-$signature Phase in Contract Management

Pre award focuses on acquisition planning, cost analysis, and defining the statement of work while post award focuses on service delivery, quality control, and managing change. Pre award concludes at contract signature while post award runs until closure.

While distinct, pre and post award activities are complementary and both critical to contract success. Seamless handoff between phases helps maintain continuity from establishment through closure. Ongoing collaboration between teams enables effective oversight and risk management. Different skillsets are required for pre versus post award management. Pre award requires sourcing, vendor evaluation, and negotiation expertise. Post award relies on analytical, process management, and relationship competencies. Proactive management and governance throughout the entire contract lifecycle ensures organizations fully maximize value, achieve objectives, deliver positive outcomes, and avoid disputes.