Which of the following describes the core responsibility during the administering phase of a contract?

The core responsibility during the administering phase of a contract is to monitor contract execution and compliance. This phase is crucial as it involves ensuring that the terms of the contract are being fulfilled by all parties involved. Effective monitoring includes tracking the performance of both the contractor and the contract manager, maintaining documentation, and verifying that all obligations are met according to the agreed-upon conditions.

In this phase, contract managers assess compliance with contract specifications, timelines, and budget constraints, facilitating timely identification of any issues or disputes that may arise. This continuous oversight helps to ensure that the project remains on track and adheres to the established goals, ultimately leading to successful contract completion.

Activities such as analyzing costs of proposals, preparing for negotiations with vendors, and selecting the best source for the contract are more relevant to earlier phases of the contract lifecycle, such as planning and procurement, rather than the ongoing administration of an active contract.