A person working as a Contract Administrator in India will on average earn $27494 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $27,494.00 |
| Weekly salary | $528.73 |
| Daily salary | $75.33 |
| Hourly salary | $9.42 |
This means contract administrator salary is above average!
Job Industry: construction
Description: A contract administrator is responsible for managing and overseeing the contractual agreements between two or more parties. This occupation involves reviewing and negotiating contracts, ensuring compliance with legal and regulatory requirements, and resolving any disputes that may arise during the contract period. The contract administrator also maintains accurate records of all contractual documents, tracks key dates and milestones, and communicates with stakeholders to ensure smooth execution of the contracts. They play a crucial role in mitigating risks, ensuring the terms and conditions are adhered to, and facilitating effective communication between the parties involved.
Tagged with: Contract administration, Legal compliance, Negotiation, Dispute resolution, Risk management, Stakeholder communication