Contracts Department Scorecard

Subcontracting & Service PO Management | EOS Tracking

Active Contracts

142

Reporting Period

Weekly

Last Updated

May 31, 2025

EOS Tracking

Version 2.1

Contract Value

$18.7M

Contract Lifecycle Timeline

Initiation
Negotiation
Approval
Execution
Completion
3.2d
Avg. Initiation
7.5d
Avg. Negotiation
4.1d
Avg. Approval
92%
On-Time Execution
86%
Successful Completion

Contract Cycle Time

18.6d

Target: 15d -2.1d from LW

Contract Compliance

92.4%

Target: 95% +1.2% from LW

Service PO Accuracy

96.8%

Target: 98% +0.7% from LW

Cost Savings

$124K

Target: $150K +$18K from LW
# Metric This Week Last Week Goal Owner Status
1
Contract Cycle Time (Days)
Avg. from request to execution
18.6 20.7 ≤15
CM
Contracts Mgr
Improving
2
Contract Compliance Rate
% of contracts meeting all terms
92.4% 91.2% ≥95%
QC
Quality Control
On Track
3
Service PO Accuracy
% of service POs without errors
96.8% 96.1% ≥98%
PM
Procurement Mgr
Approaching
4
Subcontractor Performance
Avg. score (quality, timeliness, compliance)
8.7 8.5 ≥9.0
RM
Relationship Mgr
On Track
5
Cost Savings from Negotiations
Value saved vs. initial quotes
$124K $106K $150K
NM
Negotiation Mgr
On Track
6
Contract Renewal Rate
% of contracts renewed successfully
84% 82% ≥90%
AM
Account Mgr
Needs Attention
7
Dispute Resolution Time (Days)
Avg. time to resolve contract issues
12.3 14.5 ≤10
LM
Legal Mgr
Improving
Subcontracting EOS Tracking Service POs Compliance

EOS Alignment

Contract Lifecycle Management

Track all stages from initiation to completion with clear metrics and targets.

Compliance & Risk Control

Ensure all contracts meet regulatory requirements and minimize organizational risk.

Relationship Management

Measure subcontractor performance to foster productive partnerships.

Value Creation

Track cost savings and efficiencies gained through effective contract management.

Contract Portfolio Health

Active Contracts 142
Expiring in 30 Days 24
Under Negotiation 18
At Risk 7

Action Plan & Improvement Strategy

EOS Rhythm

Weekly
Review scorecard in L10 meetings
Monthly
Contract compliance audits
Quarterly
Subcontractor performance reviews

Improvement Actions

Cycle Time: Implement contract templates for common agreements
Renewal Rate: Develop retention strategy for key subcontractors
Dispute Resolution: New mediation process implemented

Performance Status

78%
On Target
On Track
Improving
Needs Attn