Managing Contract Changes: Part 1

Developing a systematic approach to managing changes in your government contract(s) is critical for cash flow, contract compliance and overall performance. Handling contractual changes correctly can create positive prime/sub relationships as well as prime/owner relationships. The first step is know when a “change” is triggered. The second step is document and notify. The third step is to ensure that the “change” has been correctly been authorized before it is actualized. Seems easy – but is it really?