Reviews the fundamentals of contract administration--nature and purpose; rules and their sources; procurement integrity and ethics; contract modifications and changes; terminations; remedies--government and contractor, interpretation of contract language; government property; pricing, payments and contract financing; and current initiatives in contracting. Studies Court, Contract Appeals Boards and other rulings, stressing the government and contractor interface and current interpretation of the regulations and statutes. Provides a basic understanding of the areas involved in the daily decision-making activities in contract administration management. Lecture 3 hours per week.