$59,344
Avg. Salary
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The average pay for a Contract Specialist at Raytheon Co. With Contract Negotiation skills is $59,344 per year.

Job Description for Contract Specialist

Contract specialists create, examine, and monitor contractual agreements between their organizations and suppliers of materials or labor. They are generally expected to serve as tough negotiators who work to reach the best potential deal for the company, and they also monitor and administer these contracts. Soliciting bids to acquire a variety of required goods and services is a major part of this job, and they may also oversee contractors' performances to ensure that the provisions of the contract are met. Another central component of the job involves building connections with reliable vendors and maintaining a comprehensive list of potential contractors needed for any given situation.

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Contract Specialist Tasks

  • Prepare, review and evaluate contracts for compliance of legality and for profitability if applicable.
  • Edit or amend contracts and handles terms of contract breach.
  • Negotiate contract terms with clientele.

Contract Specialist Job Listings

Key Stats for Contract Specialist

Gender

Female
43 %
Male
57 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
Less than 1 year
13%
1-4 years
25%
5-9 years
50%
20 years or more
13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
13%
1-4 years
25%
5-9 years
50%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 57%
dental benefits
Dental: 71%
vision benefits
Vision: 71%
no benefits
None: 14%