Contracting Officer Salary
|Salary||$53,065 - $121,757|
|Bonus||$-0.49 - $5,364|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$50,123 - $122,704|
|Hourly Rate||$16.75 - $60.82|
|Overtime||$29.59 - $54.63|
|Bonus||$-0.49 - $5,364|
|Total Pay (||$50,123 - $122,704|
Job Description for Contracting Officer
Being a contracting officer is an extremely important position. These officers perform various duties, usually for a government organization such as the Department of Defense. They help make sure that units are well-stocked by managing multiple contracts with suppliers for items such as commodities, services, and any construction projects that may be occurring. A contracting officer is the person who negotiates the contracts for these things and is integral to maintaining a budget.Read More...
These officers have to be interested in law, business, and administration. Some positions require various degrees, such as a bachelor's or master's degree in business. Others simply require experience in the field. In most cases, especially in government positions, one will go through a training course if hired.
The work of a contracting officer usually is performed during regular business hours. This officer should be accustomed to fast-paced work, including deadlines that need to be met. An efficient and well-organized person is preferred. This officer will be working in an office but will need to travel for meetings to negotiate contracts. A contracting officer usually works alone, save for administrative staff that is there to support the contracting officer. The officer will be the primary decision-maker on all contracts, so long as they are within the constraints of the budget and the orders from his or her superiors. This job is not one for people who are indecisive but can be a very rewarding career.
Contracting Officer Tasks
- Solicit, negotiate and procure/award contracts.
- Oversee and support administrative processes.
- Ensure governmental/organizational requirements are met.
Common Career Paths for Contracting Officer
Contracting Officer Job Listings
Search for more jobs:
Popular Employer Salaries for Contracting Officer
Well-known firms with a reputation for hiring numerous Contracting Officers include U.S. Air Force (USAF), Department of Veteran's Affairs, U.S. Army, U.S. Department of Defense, and U.S. Navy. For Contracting Officers, comfortable salaries can be found at U.S. Department of Defense; in fact, median earnings sit around $97K, the highest in the area.
Popular Skills for Contracting Officer
Typical Contracting Officers report a focused set of job skills. Most notably, skills in Contract Negotiation, Procurement, Contract Management, and Contractor Management are correlated to pay that is above average. At the other end of the pay range are skills like Contractor Management. For most people, competency in Contract Management indicates knowledge of Procurement.
Pay by Experience Level for Contracting Officer
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Contracting Officers generally obtain higher compensation for more plentiful past experience. Salaries of relatively inexperienced workers fall in the neighborhood of $60K, but folks who have racked up five to 10 years see a notably higher median of $82K. Contracting Officers who work for 10 to 20 years in their occupation tend to earn about $92K. Professionals who have racked up more than two decades of experience enjoy comfortable salaries; at this stage, median wages are a cushy $118K.
Pay Difference by Location
Surpassing the national average by 39 percent, Contracting Officers in Washington receive some of the highest pay in the country. Contracting Officers can also look forward to large paychecks in cities like Los Angeles (+16 percent), San Antonio (+10 percent), Albuquerque (+5 percent), and Seattle (+5 percent). The lowest-paying market is Atlanta, which sits 31 percent below the national average, proving that location is a significant contributor to overall pay. Employers also pay below the national average in Dallas (26 percent lower) and Denver (25 percent lower).
Contracting Officer Reviews
Related Job Salaries
Key Stats for Contracting Officer
Rated 5 out of 5
based on 38 votes.