During what stage would a contract administrator review a contract for closure?

The contract administrator would review a contract for closure during the stage known as contract closure. This stage is crucial as it involves ensuring that all contractual obligations have been met by both parties. It includes a thorough examination of whether all deliverables have been completed, payments received, and any outstanding issues resolved.

Contract closure also encompasses the documentation of the project’s successes and failures for future reference, ensuring that lessons learned can inform future contracts and project management practices. Such reviews can help identify any areas that might require follow-up or further actions, thereby aiding in the effective handover of contract responsibilities, if necessary.

In contrast, the other stages—contract formation, execution, and performance monitoring—focus respectively on the creation of the contract, the implementation of its terms, and the ongoing assessment of performance against the contract requirements, but do not specifically address the finalization and administrative review needed at the conclusion of the contract.