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Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Contract Performance Review

A performance review is an evaluation of the level of achievement of a Contract's purpose or goals, in terms of Benefits Realisation and Value for Money.

When reviewing a contract or vendor, it is important to outline Key Performance Indicators. These could include: 

  • Time to Signature
  • Contract administration time required
  • The number of contract renewals prevented