Lori Pence
Carrollton,TX
Summary
Dynamic Senior Contracts Manager with Amentum, skilled in contract drafting and dispute resolution. Achieved significant cost reductions through strategic negotiations and process improvements. Proven ability to collaborate effectively with cross-functional teams while maintaining legal compliance and attention to detail. Committed to enhancing operational efficiency and driving successful contract outcomes.
Professional Contracts Manager with proven record of managing complex agreements and negotiations. Strong focus on team collaboration and driving results, adaptable to changing needs. Expertise in risk management, compliance, and contract lifecycle management. Known for reliability and effective communication in high-stakes environments.
Experienced with contract negotiation, risk management, and compliance. Utilizes strategic thinking to drive contract execution and maintain strong relationships with stakeholders. Track record of ensuring regulatory adherence and mitigating contractual risks. Capable Contract Manager with extensive background overseeing contracts for services such as Firm Fixed Price, Cost Reimbursable, IDIQ, Time and Material and construction. Handles routine paperwork, disputes and contract administration with organized approach.
Overview
22
22
years of professional experience
1
1
Certification
Work History
Senior Contracts Manager
Amentum
2020.02 - Current
- Assisted in drafting and reviewing contract documents to ensure compliance with company policies.
- Supported negotiations by gathering relevant data and preparing necessary documentation for stakeholders.
- Maintained organized records of contracts and amendments for easy access and retrieval.
- Collaborated with cross-functional teams to address contract-related inquiries and issues promptly.
- Adapted quickly to changes in contract requirements while ensuring alignment with operational goals.
- Contributed to process improvements by identifying inefficiencies in contract management workflows.
- Engaged in continuous learning about industry standards and best practices related to contract management systems.
- Implemented robust contract administration procedures, ensuring accurate documentation and efficient record-keeping practices.
- Provided expert guidance on contractual matters to senior leadership, supporting informed decision-making processes.
- Collaborated with legal counsel to mitigate potential risks associated with contractual agreements and disputes.
- Led cross-functional teams in executing complex contracts, ensuring timely delivery and adherence to budget constraints.
- Conducted comprehensive reviews of existing contracts, identifying opportunities for renegotiation and cost reduction.
- Tracked contracts for management and issued regular tracking reports covering current status and upcoming milestones.
- Managed, supervised and controlled execution of contracts ranging from $100,000 to $635,413,909.
- Compiled required documentation to keep contracts compliant with company and customer requirements.
- Supported timely and complete billing by documenting milestones and submitting accurate invoicing paperwork.
- Mitigated business risks by analyzing contracts' potential impacts and avoiding unfavorable terms.
- Analyzed new laws and regulations to identify required changes and proactively adjust systems.
- Interpreted contact terms and coordinated solutions to resolve disputes between clients and service providers.
- Collaborated with internal departments to identify and manage demand for material and services.
- Developed and implemented strategies to reduce operational costs.
Business /Contracts Manager
Vectrus Systems
2010.06 - 2020.02
- Led contract negotiations, driving favorable terms and compliance with regulatory requirements.
- Managed contract lifecycle processes, ensuring timely renewals and amendments.
- Developed risk management strategies for contract performance and execution.
- Collaborated with cross-functional teams to streamline procurement processes and improve efficiency.
- Trained and mentored junior staff on contract management best practices and tools.
- Analyzed contract performance metrics to identify areas for improvement and cost savings.
- Ensured adherence to company policies and legal regulations in all contractual agreements.
- Negotiated favorable contract terms for clients, resulting in cost savings and risk reduction.
- Resolved contractual disputes through effective negotiation strategies, minimizing impacts on the organization''s reputation and bottom line.
- Streamlined contract processes by implementing standardized templates and procedures.
- Oversaw subcontractor management activities, ensuring timely delivery of goods or services according to agreed-upon terms.
- Managed, supervised and controlled execution of contracts ranging from $100,000 to $750,000, for a total of over $114M in add on construction.
- Monitored contracts' performance to detect non-compliance with terms and deficient returns and organize proactive resolutions.
- Maintained CLM/AS400 database for with contract, vendor and customer information.
- Analyzed contract terms to identify risks and opportunities, driving strategic decisions for project execution.
- Ensured adherence to federal regulations and company policies throughout the contracting lifecycle.
Subcontracts Administrator
Vectrus/Exelis
2006.06 - 2010.04
- Managed subcontractor relationships to ensure compliance with contractual obligations and delivery timelines.
- Reviewed and analyzed proposals, including terms and conditions, to identify risks and opportunities.
- Developed standard operating procedures for contract management to enhance efficiency and accuracy.
- Coordinated with internal teams to align project requirements with subcontractor capabilities and resources.
- Provided guidance on procurement processes, ensuring adherence to organizational policies and industry regulations.
- Actively participated in industry conferences and workshops to stay current on trends affecting subcontracts administration.
- Mentored junior staff members on proper procedures related to subcontracts management.
- Provided ongoing support to project managers regarding contractual matters throughout the lifecycle of each assignment.
- Streamlined the subcontracts management process for increased efficiency and cost savings.
- Collaborated closely with cross-functional teams to ensure seamless integration of subcontracts into overall project plans.
- Managed multiple subcontracts simultaneously, prioritizing tasks and meeting critical deadlines effectively.
- Conducted thorough subcontractor evaluations, identifying areas for improvement and recommending corrective actions.
- Negotiated favorable contract terms with subcontractors, achieving significant cost reductions.
- Reviewed solicitation documents thoroughly prior to bid submission to identify any discrepancies or additional requirements.
- Oversaw all aspects of subcontract administration, ensuring timely delivery and compliance with contract requirements.
- Resolved disputes between the company and subcontractors in a timely manner, minimizing disruptions to project timelines.
- Maintained accurate records of all subcontract activities, providing regular updates on progress and potential risks to stakeholders.
- Established strong relationships with key subcontractors, fostering a collaborative working environment.
- Drafted, reviewed and revised contracts for accuracy and completeness.
- Stored and filed contract documents in orderly, organized systems.
- Monitored incoming contracts and service agreements for correct pricing and information.
- Tracked contract milestones and updated stakeholders to facilitate project progress.
- Adhered to legal and contractual requirements for compliant contract processes.
- Addressed contract disputes and provided advice and guidance to resolve issues.
- Maintained database systems to track and analyze operational data.
- Educated staff on organizational mission and goals to help employees achieve success.
- Helped meet changing demands by recommending improvements to business systems or procedures.
- Created and managed project plans, timelines and budgets.
- Supported creation of detailed, technical financial models to value potential acquisition targets.
Cost / Price Analyst
ITT/Excelis
2004.02 - 2006.03
- Analyzed data trends to identify operational efficiencies and recommend strategic improvements.
- Collaborated with cross-functional teams to develop actionable insights from complex datasets.
- Designed and implemented analytical frameworks to enhance decision-making processes across departments.
- Led initiatives to streamline reporting processes, improving accuracy and reducing turnaround time.
- Developed predictive models to forecast business performance and guide resource allocation strategies.
- Collaborated with cross-functional teams to identify opportunities for process improvement and increased efficiency.
- Improved internal knowledge sharing by developing comprehensive documentation outlining standard operating procedures for various tasks.
- Streamlined reporting processes, significantly reducing time required to generate insights.
- Managed multiple projects simultaneously while adhering to strict deadlines and quality standards.
- Generated reports detailing findings and recommendations.
- Collected, arranged, and input information into database system.
- Gathered, organized and input information into digital database.
- Maintained database systems to track and analyze operational data.
- Helped meet changing demands by recommending improvements to business systems or procedures.
Education
Bachelor of Arts - Business Administration And Management, Accounting
SNHU
Online2018-12
Skills
- Contract drafting
- Dispute resolution
- Legal compliance
- Cost control
- Contract administration
- Procurement management
- Contract pricing
- Account management support
- Teamwork and collaboration
- Attention to detail
- Problem-solving abilities
- Multitasking Abilities
Accomplishments
- Collaborated with team to ensure NASA Artemis I was a successful launch.
- Supervised team of 10 plus staff members.
- Added an additional $114M dollars in add-on construction.
- Executed quarterly objectives by as much as 35% on a regular basis.
- Used Microsoft Excel to develop tracking logs for all construction contracts during a 5 year plan.
- Oversaw hundreds of construction projects to ensure all projects were completed on time and within budget.
Certification
Various Contract Management classes offered through the company.
Partnership for Performance
Subcontracts Management (GWU)
Currently working towars PMP
Languages
English
Native or Bilingual
Timeline
Senior Contracts Manager
Amentum
2020.02 - Current
Business /Contracts Manager
Vectrus Systems
2010.06 - 2020.02
Subcontracts Administrator
Vectrus/Exelis
2006.06 - 2010.04
Cost / Price Analyst
ITT/Excelis
2004.02 - 2006.03
Bachelor of Arts - Business Administration And Management, Accounting
SNHU