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How much does a Contract Specialist make? The national average Contract Specialist salary is $53,084. Filter by location to see Contract Specialist salaries in your area. Salary estimates are based on 1,084 salaries submitted anonymously to Glassdoor by Contract Specialist employees.
Contract Specialist Job Description. Contract Specialists draft and review contractual agreements between a company and suppliers of products or services. Duties include evaluating bids, preparing contracts, and negotiating terms.
The average salary for a Contract Specialist is $82,185 per year in the United States. The typical tenure for a Contract Specialist is 1-3 years.
What Do Contract Specialists Do? Prepare, review and evaluate contracts for compliance of legality and for profitability if applicable. Edit or amend contracts and handles terms of contract breach. Negotiate contract terms with clientele.
They normally work underneath the guidance of a contracting officer. Contract specialists are trained in acquisition and in related business skills such as market research, source selection, cost and price analysis, negotiation, and contract administration.
The average salary for a Senior Contract Specialist is $74,158 per year in the United States.
Contract Specialists draft and review contractual agreements between a company and suppliers of products or services. These specialists practice an expert profession that can be found in theaters, businesses, and nonprofits. Duties include evaluating bids, preparing contracts, and negotiating terms.
A contract management specialist also manages workloads utilizing a variety of information acquisition management systems, including automated procurement data systems. Contract management specialists should be capable of independently handling all contractual aspects of major projects.
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