CONTRACT MANAGEMENT FRAMEWORK - National Treasury
CONTRACT MANAGEMENT FRAMEWORK Version: 1 August 2010 Page 1 of 20 CONTRACT MANAGEMENT FRAMEWORKContract MANAGEMENT FRAMEWORK Version: 1 August 2010 Page 2 of 20 Table of contents 1 Introduction to the CMF ........................................ ........................................ ................. 3 Purpose and scope of the CMF ........................................ ........................................ 3 Importance of CONTRACT MANAGEMENT ........................................ ................................ 4 Managing contracts ........................................ ........................................ .................. 4 Correctly accounting for contracts ........................................ .................................... 5 2 CONTRACT MANAGEMENT in the public sector ........................................ ........................... 6 Why manage contracts in the public sector?.
to improving service delivery and reducing costs; and better value for money achieved in the acquisition and sales of goods and services. Savings generated through improved contract management may be reallocated to reduce cost of services or provide additional services; and may contribute to the elimination of service delivery backlogs.
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