What is a primary goal during the contract administration process?

During the contract administration process, the primary goal is to track and manage contract performance. This involves monitoring both the contractor's and the agency's compliance with the terms and conditions outlined in the contract. Effective contract administration ensures that deliverables are met on time, within budget, and at the required quality standards. It also encompasses communication between stakeholders, addressing issues that may arise, and making necessary adjustments to maintain a successful partnership and achieve project objectives.

While managing risks, fostering competition, and reducing costs are important considerations in the broader context of contract management, they do not capture the essence of contract administration as clearly as tracking and managing performance does. In fact, risk management, competitive practices, and cost control can all be influenced by how well contract performance is being monitored and managed throughout the contract lifecycle.