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Contract Administration Jobs in Rio Rancho, NM (NOW HIRING)

Tecolote Research

Contract Specialist

Albuquerque, NM · On-site

... and contract administration. Responsibilities * The applicant will be responsible for performing and training government personnel in conducting government pricing activities such as cost/price ...

AeroVironment

International Contracts Manager

Albuquerque, NM · On-site

$86K - $115K/yr

Significant experience in directly related International (DCS/FMS) contract administration/management. * Entrepreneurial focus and ability to thrive and excel in a dynamic and technically focused ...

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AeroVironment

Contracts Administrator

Albuquerque, NM · Hybrid

... contract review and administration for new and sustaining products and services. * Perform contract administrative duties throughout the contract lifecycle including, but not limited to, proposal ...

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All JobsContract Administration JobsContract Administration Jobs in Rio Rancho, NM

Contract Administration information

See Rio Rancho, NM salary details

$30.1K

$68.8K

$105.3K

How much do contract administration jobs pay per year?

As of Aug 8, 2026, the average yearly pay for contract administration in Rio Rancho, NM is $68,840.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,600.00 and $82,800.00 per year, depending on experience, location, and employer.

Is contract administration a good career?

Contract administration is a viable career that involves managing and overseeing contracts in various industries, requiring skills in negotiation, attention to detail, and knowledge of legal and regulatory requirements. It offers opportunities for advancement and often involves working with project teams, legal departments, and clients. The role can be stable and rewarding for those interested in project management and compliance.

What is contract administration?

Contract administration refers to the process of managing contracts made with customers, vendors, partners, or employees. It involves ensuring that all parties fulfill their contractual obligations, monitoring performance, handling changes or disputes, and maintaining thorough records. Professionals in contract administration help protect organizations from legal and financial risks by ensuring compliance with contract terms and applicable laws. They often collaborate closely with legal, procurement, and project management teams. Effective contract administration can improve relationships, reduce costs, and prevent misunderstandings.

How much do contract administrators make in the US?

Contract administrators in the US typically earn a median annual salary of around $65,000 to $75,000, with experienced professionals and those in specialized industries earning higher. Salaries can vary based on location, experience, and certifications such as the Certified Federal Contracts Manager (CFCM).

What is the difference between Contract Administration vs Contract Specialist?

AspectContract AdministrationContract Specialist
CredentialsTypically requires a bachelor's degree in business, law, or related field; certifications like Certified Federal Contracts Manager (CFCM) are commonSimilar credentials; often holds a bachelor's degree and certifications such as CFCM or CPCM
Work EnvironmentOffice-based, often within government agencies or corporations, managing ongoing contractsOffice or remote, focusing on contract creation, review, and compliance
Employer & IndustryUsed in government, construction, and corporate sectors for managing contractual relationshipsCommon in government contracting, defense, and large corporations for contract review and negotiation

Contract Administration and Contract Specialist roles share similar credentials and work environments, often overlapping in government and corporate sectors. While Contract Administration focuses on managing and executing contracts throughout their lifecycle, Contract Specialists primarily handle contract creation, review, and compliance. Both roles are essential for ensuring contractual obligations are met efficiently and legally.

What are some common challenges faced in a contract administration role, and how can they be managed effectively?

Contract Administrators often encounter challenges such as managing tight deadlines, ensuring compliance with contract terms, and handling changes or disputes between parties. Staying organized with clear documentation and proactive communication with stakeholders helps prevent misunderstandings and delays. Utilizing contract management software and regularly reviewing contract performance can also streamline processes and reduce errors, making it easier to address issues as they arise.

What are the key skills and qualifications needed to thrive as a contract administrator, and why are they important?

To thrive as a Contract Administrator, you need strong organizational skills, attention to detail, and a solid understanding of contract law, often supported by a bachelor's degree in business, law, or a related field. Familiarity with contract management software, document management systems, and compliance tools is typically required. Excellent negotiation, communication, and problem-solving abilities help you manage relationships and resolve issues effectively. These skills are crucial for ensuring contracts are accurate, compliant, and beneficial to the organization.
What are the most commonly searched types of Administration jobs in Rio Rancho, NM? The most popular types of Administration jobs in Rio Rancho, NM are:
What cities near Rio Rancho, NM are hiring for Contract Administration jobs? Cities near Rio Rancho, NM with the most Contract Administration job openings:
Contract Administration jobs near you
Infographic showing various Contract Administration job openings in Rio Rancho, NM as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, 1% Temporary, and 2% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $68,840 per year, or $33.1 per hour.

Contract Specialist - Woodward, (1548)

TriCore Reference Laboratories

Albuquerque, NM • On-site

Full-time

Re-posted 7 days ago

Job description

Scheduled Shift: Monday-Friday 0800-1700 and other shifts as needed.

Location: Woodward

JOB SUMMARY:

The Contract Specialist is responsible for coordinating and managing all aspects of contract administration within a department. This role includes negotiating, drafting, monitoring, and evaluating contracts to ensure accuracy, effectiveness, and compliance with applicable federal, state, and county regulations, as well as organizational policies.

ESSENTIAL FUCTIONS:

1. Contract Management

a) Independently leads and executes the full contract lifecycle management of complex contracts for the department, including solicitation, negotiation, execution, administration, performance monitoring, and closeout.

b) Exercises sound judgment in interpreting and applying federal, state, and local regulations, mitigating contractual and financial risk, and ensuring compliance with organizational policies.

c) Coordinates all steps for bids, quotes and request for proposal process.

d) Provide technical assistance to vendors regarding contract inquiries, business owners expectations, and contract requirements.

e) Serves as a primary resource and advisor to internal stakeholders and vendors, and as a key liaison with Legal, Strategy, and Purchasing to ensure timely, compliant, and effective contract execution in support of operational and capital objectives.

f) Track and manage contractual requirements related to scope of work (SOW) refinement, operational activities, and capital projects to ensure accuracy and regulatory compliance. g) Research and remain current on available cooperative procurement resources.

2. Conduct regular review and revision of contract management policies and procedures to ensure continued effectiveness, compliance, and alignment with regulatory and organizational requirements

3. Develop and deliver training to ensure personnel understanding and consistent application of contract management policies, procedures, and system functionality.

4. Coordinate all phases of contract preparation and administration, including vendor contracts, professional services agreements, laboratory services agreements, leases, change orders, amendments, licenses, memorandum of understanding, and other contractual arrangements.

MINIMUM EDUCATION:

High School diploma or equivalent.

MINIMUM EXPERIENCE:

Five (5) years relevant experience in contract administration, accounting, finance or legal.

OTHER REQUIREMENTS:

Knowledge of Contracting and Procurement processes and terminology.

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