Contract Specialist

Negotiate with suppliers to draw up procurement contracts.
picture of Contract Specialist

Quick Stats


Outlook
Good

Salary Range
$35,000 – $92,000

Data from U.S. Department of Labor


What do Contract Specialists do?

Negotiates with suppliers to draw up procurement contracts: Negotiates, administers, extends, terminates, and renegotiates contracts. Formulates and coordinates procurement proposals. Directs and coordinates activities of workers engaged in formulating bid proposals. Evaluates or monitors contract performance to determine necessity for amendments or extensions of contracts, and compliance to contractual obligations. Approves or rejects requests for deviations from contract specifications and delivery schedules. Arbitrates claims or complaints occurring in performance of contracts. Analyzes price proposals, financial reports, and other data to determine reasonableness of prices. May negotiate collective bargaining agreements. May serve as liaison officer to ensure fulfillment of obligations by contractors.


Should I be a Contract Specialist?

You should have a bachelor's degree or higher and share these traits:
  • Detail Oriented: You pay close attention to all the little details.
  • Levelheaded: You hold your emotions in check, even in tough situations.
  • Team Player: You're able to listen, communicate, and work with tons of different people.

  • Also known as: Contract Analyst, Contract Coordinator, Subcontract Administrator

    How to become a Contract Specialist

    Most Contract Specialists have a Bachelor's degree. Chart?chd=s:aka9aa&chl=|certificate+%2815%25%29||bachelor%27s+%2885%25%29||&cht=p3&chs=466x180&chxr=0,0,85
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