Month: February 2022

FACTORS AFFECTING WAGE PAYMENT SYSTEMS. Trade Unions The employer Legislation Third Party (including the Judiciary) Pay commissions.   TRADE UNIONS – Wages are usually determined in business and industrial organizations through bipartite negotiations between representatives of recognized unions and the Read More …

WAGE PAYMENT SYSTEMS INTRODUCTION An important requirement of all employees is an adequate wage or salary which is commensurate with the responsibilities and duties involved. The term wage is used to refer to pay directly calculated on the basis of Read More …

It is very important for the contactor to perform the contract satisfactorily, similarly it is important for the procuring entity to make payments to the contractor, timely and according to the contract requirements. Payments should not be made unless the Read More …

In large procurement contracts it is good practice after the contract is completed to conduct a contract close-out review. This should be done by the contract management team. The review should consider the following: The timeliness of contract performance. Cost Read More …

In large procurement contracts the contract management plan should provide for review meetings. Review meetings are held periodically as found necessary for the purpose of face to face communications of contract performance and discussing the way forward and preparing status Read More …

The requirements of the contract must be closely watched to ensure that there are no deviations or risks and those identified are dealt with in time. Some of these will be Cost overruns. Effectiveness of communication. Inputs, process and outcomes. Read More …