ADMINISTRATION AND MANAGEMENT OF CONTRACTS Sample Clauses

The 'Administration and Management of Contracts' clause defines the procedures and responsibilities for overseeing the execution and ongoing management of a contract. It typically outlines who is responsible for contract administration, the processes for monitoring performance, handling modifications, and ensuring compliance with contractual obligations. For example, it may specify reporting requirements, designate contract managers, or establish protocols for addressing issues that arise during the contract term. This clause ensures that both parties understand how the contract will be managed in practice, promoting accountability and smooth operation throughout the contract’s lifecycle.
ADMINISTRATION AND MANAGEMENT OF CONTRACTS. 8.1 This Agreement will be administered and managed by each Party’s Principal Contract Administrator. 8.2 The State and the Supplier must each appoint and maintain a Principal Contract Administrator at all times during the Term. 8.3 A Party may change its Principal Contract Administrator by written notice to the other Party. 8.4 A Party’s Principal Contract Administrator can exercise all the powers and functions of the Party the Principal Contract Administrator represents, and has authority to bind that Party in respect of this Agreement. 8.5 Customer Agreements will be administered on behalf of each Party by a Customer Agreement Administrator appointed on that Party’s behalf. 8.6 A Party’s Customer Agreement Administrator may exercise the powers and functions under a Customer Agreement of the Party he or she represents, and has authority to bind it in respect of that Customer Agreement.
ADMINISTRATION AND MANAGEMENT OF CONTRACTS. 8.1 The State and the Supplier must each appoint and maintain a Principal Contract Administrator at all times during the Term. 8.2 This Agreement will be administered and managed by each Party’s Principal Contract Administrator. 8.3 A Party may change its Principal Contract Administrator by written notice to the other Party. 8.4 A Party’s Principal Contract Administrator can exercise all the powers and functions of that Party and has authority to bind that Party in respect of this Agreement. 8.5 Customer Agreements will be administered and managed by each Party’s Customer Agreement Administrator. 8.6 A Party’s Customer Agreement Administrator may exercise the powers and functions of that Party under a Customer Agreement, and has authority to bind it in respect of that Customer Agreement.
ADMINISTRATION AND MANAGEMENT OF CONTRACTS. Section 6.01

Related to ADMINISTRATION AND MANAGEMENT OF CONTRACTS

  • GENERAL ADMINISTRATION AND MANAGEMENT The City Manager of the City, or designee, shall be the City’s representative, and shall oversee and approve all services to be performed, coordinate all communications, and review and approve all invoices, under this Agreement.

  • Administration and Risk Management Employees of Federated Advisory Services Company provide support to portfolio managers and other employees of affiliated advisers. Such services may include development of risk management programs, production of portfolio and compliance reports for clients and/or fund Boards, coordination of client portfolios and related fixed income trade execution implementation and administration, completion of required broker and custody documentation, development and documentation of operational procedures, coordination of proxy voting activities, on-site support of hardware and software, etc.”

  • Administration and Servicing of Contracts 43 SECTION 3.01

  • ADMINISTRATION OF THE CONTRACT 2.2.1 The Architect will provide administration of the Contract as hereinafter described. 2.2.2 The Architect will be the State's representative during construction and until final payment is due. The Architect will advise and consult with the State. The State's instructions to the Contractor shall be forwarded through the Architect. The Architect will have authority to act on behalf of the State only to the extent provided in the Contract Documents, unless otherwise modified by written instrument in accordance with Subparagraph 2.2.10. 2.2.3 The Architect will visit the site at intervals appropriate to the stage of construction to familiarize himself or herself generally with the progress and quality of the Work and to determine in general if the Work is proceeding in accordance with the Contract Documents. However, the Architect will not be required to make exhaustive or continuous on-site inspections to check the quality or quantity of the Work. On the basis of his or her on-site observations as an architect, he or she will keep the State informed of the progress of the Work, and will endeavor to guard the State against defects and deficiencies in the Work of the Contractor. 2.2.4 The Architect will not be responsible for and will not have control or charge of construction means, methods, techniques, sequences or procedures, or for safety precautions and programs in connection with the Work, and he or she will not be responsible for the Contractor's failure to carry out the Work in accordance with the Contract Documents. The Architect will not be responsible for or have control or charge over the acts or omissions of the Contractor, 2.2.5 The Architect shall at all times have access to the Work wherever it is in preparation and progress. The Contractor shall provide facilities for such access so the Architect may perform his or her functions under the Contract Documents.

  • Administration and Servicing OF MORTGAGE LOANS