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Home / Contract Management / National Contract Management Association

National Contract Management Association

National Contract Management Association is an American company, that provides a Contract Management Standard is to describe the nature of contract management in terms of the contract management processes created through the integration and interaction of job tasks and competencies, and the purposes they serve. The common and repeated use of this standard will improve productivity, increase efficiency, and reduce costs.  You can find out more about the organisation here 

In the UK, I can’t think of an obvious contract management body, if you know off one that should be included tweet me at procuretweets ! Globally a popular choice would be the IAACM https://www.iaccm.com/

The International Association for Contract & Commercial Management enables both public and private sector organizations and professionals to achieve world-class standards in their contracting and relationship management process and skills. With over 43,000 members across 163 countries and 16144 corporations, IACCM is leading the way in responding to the demands of global networked markets.

Our membership is drawn from many industries and is made up of contract and commercial managers, negotiators, attorneys and supply chain professionals. Hundreds of organizations have also established Corporate Memberships, gaining enhanced services that support their performance and understanding of market trends.

IAACM describe contract management as:

Contract management is a discipline that supports commercial management through the implementation and oversight of legally enforceable performance commitments, both outbound (to the market) and inbound (from the market). It converts commercial policies and practices and technical capabilities into specific terms and conditions that are offered to or required from its suppliers, customers or business partners. Through active monitoring of performance needs and outcomes, contract management informs commercial management with regard to actual and required commitment capabilities, together with their financial and risk impact.

Join IAACM as a member to access additional learning resources

If you want contract management support get in touch 

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