How much does a Contracts Administration Manager make in the United States? The average Contracts Administration Manager salary in the United States is $125,137 as of November 29, 2021, but the range typically falls between $108,021 and $143,938. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Job Description for Contracts Administration Manager
Contracts Administration Manager prepares and administers bids, proposals, and commercial and government contracts that follow company policies and legal requirements. Manages the contracts administration staff and guides compliance with complex contractual and regulatory requirements. Being a Contracts Administration Manager negotiates with suppliers, partners, or customers. Ensures contracts are administered and monitored to maintain compliance with the terms of agreements. Additionally, Contracts Administration Manager has a strong understanding of the contract life cycle, types of contracts, and applicable government regulations. Typically requires a bachelor's degree or equivalent. Sometimes requires certification like the NCMA Certified Professional Contract Manager (CPCM). Typically reports to a director. The Contracts Administration Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Contracts Administration Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2021 Salary.com)... View full job description
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Average Total Cash Compensation
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Contracts Administration Manager in the United States. The base salary for Contracts Administration Manager ranges from $108,021 to $143,938 with the average base salary of $125,137. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $112,702 to $155,286 with the average total cash compensation of $132,390.