Setting up a contract is a multi-step process involving various Stanford departments. A 'Data Processing Agreement' (DPA) is the legal name for when businesses outline their expectations and obligations when sharing data with each other.The checklist below outlines the recommended steps to help you design an effective contract management process. A blog that looks at all aspects of project and program finances from budgets, estimating and accounting to getting a pay rise and managing contracts. This document proposes a contract management framework to standardize contract management activities across BCC. This course provides the foundation, techniques and tools to manage each stage of the project life cycle, work within organizational and cost constraints. Contract administration begins prior to the execution of a contract and ends once all contract closeout activities are complete. Once the contract is closed and contract closeout activities are complete, the Modernization Contract. Complete Visibility and Control: Make better decisions with complete transparency over your contract lifecycle. Contract Management.