Contracts Administrator V Salary in the United States
Contracts Administrator V Salary
How much does a Contracts Administrator V make in the United States? The average Contracts Administrator V salary in the United States is $146,991 as of March 26, 2024, but the range typically falls between $123,332 and $170,587. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Contracts Administrator V Salary | $101,791 | US | March 26, 2024 |
| 25th Percentile Contracts Administrator V Salary | $123,332 | US | March 26, 2024 |
| 50th Percentile Contracts Administrator V Salary | $146,991 | US | March 26, 2024 |
| 75th Percentile Contracts Administrator V Salary | $170,587 | US | March 26, 2024 |
| 90th Percentile Contracts Administrator V Salary | $192,069 | US | March 26, 2024 |
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What skills does a Contracts Administrator V need?
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
RFP: A request for proposal (RFP) is a business document that announces a project, describes it, and solicits bids from qualified contractors to complete it.
Federal Acquisition Regulations: The Federal Acquisition Regulation (FAR) is the primary regulation for use by all executive agencies in their acquisition of supplies and services with appropriated funds.
Job Description for Contracts Administrator V
Contracts Administrator V develops, prepares, and administers contracts, bids, and proposals that meet specifications and comply with all policies and regulations. Supports or participates in contract negotiations with suppliers, partners, or customers. Being a Contracts Administrator V reviews contract terms to identify any potential risk or compliance issues. Examines supporting materials and agreement documents related to bids or contracts and provides guidance. Additionally, Contracts Administrator V acts as liaison between the organization and subcontractors to implement the contracts. Maintains contract records used to ensure compliance with reporting and regulatory requirements. Typically requires a bachelor's degree or equivalent. Typically reports to a manager or head of a unit/department. The Contracts Administrator V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be a Contracts Administrator V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description
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Career Path for Contracts Administrator V
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Contracts Administrator V, the first career path typically starts with a Contracts Administration Supervisor position, and then progresses to Contracts Administration Senior Supervisor.
Additionally, the second career path typically progresses to Conflicts Manager.
What does a Contracts Administrator V do?
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Contracts Administrator V Pay Difference by Location
Contracts Administrator V salary varies from city to city. Compared with national average salary of Contracts Administrator V, the highest Contracts Administrator V salary is in San Francisco, CA, where the Contracts Administrator V salary is 25.0% above. The lowest Contracts Administrator V salary is in Miami, FL, where the Contracts Administrator V salary is 3.5% lower than national average salary.
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Similar Jobs to Contracts Administrator V
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Contracts Administration Director | Experience | EducationBachelors | Salary Compared to This Job |
| Job Title Contracts Administrator I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Contracts Administrator II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Contracts Administrator III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Contracts Administrator IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Level of Education for Contracts Administrator V
Jobs with different levels of education may pay very differently. Check the Contracts Administrator V salary of your education level.
- Contracts Administrator V Salaries with No Diploma
- Contracts Administrator V Salaries with a High School Diploma or Technical Certificate
- Contracts Administrator V Salaries with an Associate's Degree
- Contracts Administrator V Salaries with a Bachelor's Degree
- Contracts Administrator V Salaries with a Master's Degree or MBA
- Contracts Administrator V Salaries with a JD, MD, PhD or Equivalent
Contracts Administrator V Salary by Global Country
Contracts Administrator V salary varies from country to country. There are several factors that mainly impact the Contracts Administrator V salary, including cost of living, economic conditions, market rates and legal differences. Click below to Contracts Administrator V salary of the other country.
Contracts Administrator V Salary by State
Geographic variations impact Contracts Administrator V salary levels, due to various factors, such as cost of living, industries, market demand and company budgets. Click below to see pay differences between states.
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Skills associated with Contracts Administrator V: Contracting Terms and Conditions, Contract Compliance, Contract Negotiation, Contracts Management & Administration ...More
Salary estimation for Contracts Administrator V at companies like : Clark Group LLC, Caxambas Medical LLC, Prorehab Healthcare Group
