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Contract Review Challenges
Before & After VT Docs
Kyle Peterson - Contracts Administrator
COBHAM PRIVATE
Cobham
Contracting
Environment
Incumbent Review
Process
01 02 03 04
New VT Process Future State
COBHAM PRIVATE
Cobham
COBHAM PRIVATE
Background
Cobham Mission Systems - Orchard Park, NY
Capabilities:
• Oxygen Systems
• Space Life Support
• Space Propulsion
• Tactical Control Systems
Contracts Team:
• “Lean and Mean”
• Internal customer service
• Prioritizing resources
and tasks is vital
COBHAM PRIVATE
Desired FAR-DFARS Analysis Output
• Ensure site compliance with flowdowns
• Confirm site subcontract flowdowns reflect the contract/PO in
question
• The discovery and review of new FAR-DFARS for site
compliance and flowdown if required
COBHAM PRIVATE
Before VT
Incumbent Process
Combing for clauses
incorporated into text and/or
by reference.
COBHAM PRIVATE
• Run all FAR-DFARS against site compliance matrix to ensure
compliance and to determine if functional guidance is
required.
COBHAM PRIVATE
• Copy paste clauses into excel to compare against Cobham
Standard Flow downs to ensure all required clauses are flowed
to supply chain.
COBHAM PRIVATE
Before VT: Bottom Line
• Time intensive
• Turnaround time is essential when RFPs are due and large
purchase orders need to be processed
• Juggling multiple spreadsheets
• Not enough time spent on value added activities
COBHAM PRIVATE
Goals for New VT Process
• Analysis Outcomes Remain the same:
• Site compliance
• synchronized flow between prime contract and subs
• New FAR-DFARS
• Reduce manual document review
• Clear, actionable breakdown
COBHAM PRIVATE
With VT
• Customizable dictionaries are a game changer
• No more copy/paste and vlookups
COBHAM PRIVATE
Using VT
• Clear deliverable
• Targets exactly what needs to be highlighted to the
sales/supply chain team
COBHAM PRIVATE
Multifaceted Benefits
• Ability to search for “blank” clauses which aren’t included in
Cobham standard flow downs (dictionaries)
• Highlight to supply chain
• New clauses can be analysed and than added to the
dictionary to ensure they are flown down in the future
• Shredding multiple flowdown documents  one output
COBHAM PRIVATE
After VT: Bottom Line
• Same day turnaround
• Reduces “manual” contract review by 1 hour/contract
• Doubled output from February to March
• Audit deliverable
• More time available for value add activities
• Legal/regulatory analysis
• Contract terms negotiation
COBHAM PRIVATE
Future State
• Move beyond the regulatory/flow down sphere
• SOW Analysis
• “shall,” “must,” etc.
• VT “Compliance Matrix Scan” dictionary
• Quality Function
• Breakdown specifications, quality clauses, SDRLs
COBHAM PRIVATE

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Contract Review Challenges Before & After VisibleThread Docs | Cobham

  • 1. Contract Review Challenges Before & After VT Docs Kyle Peterson - Contracts Administrator
  • 4. COBHAM PRIVATE Background Cobham Mission Systems - Orchard Park, NY Capabilities: • Oxygen Systems • Space Life Support • Space Propulsion • Tactical Control Systems Contracts Team: • “Lean and Mean” • Internal customer service • Prioritizing resources and tasks is vital
  • 5. COBHAM PRIVATE Desired FAR-DFARS Analysis Output • Ensure site compliance with flowdowns • Confirm site subcontract flowdowns reflect the contract/PO in question • The discovery and review of new FAR-DFARS for site compliance and flowdown if required
  • 6. COBHAM PRIVATE Before VT Incumbent Process Combing for clauses incorporated into text and/or by reference.
  • 7. COBHAM PRIVATE • Run all FAR-DFARS against site compliance matrix to ensure compliance and to determine if functional guidance is required.
  • 8. COBHAM PRIVATE • Copy paste clauses into excel to compare against Cobham Standard Flow downs to ensure all required clauses are flowed to supply chain.
  • 9. COBHAM PRIVATE Before VT: Bottom Line • Time intensive • Turnaround time is essential when RFPs are due and large purchase orders need to be processed • Juggling multiple spreadsheets • Not enough time spent on value added activities
  • 10. COBHAM PRIVATE Goals for New VT Process • Analysis Outcomes Remain the same: • Site compliance • synchronized flow between prime contract and subs • New FAR-DFARS • Reduce manual document review • Clear, actionable breakdown
  • 11. COBHAM PRIVATE With VT • Customizable dictionaries are a game changer • No more copy/paste and vlookups
  • 12. COBHAM PRIVATE Using VT • Clear deliverable • Targets exactly what needs to be highlighted to the sales/supply chain team
  • 13. COBHAM PRIVATE Multifaceted Benefits • Ability to search for “blank” clauses which aren’t included in Cobham standard flow downs (dictionaries) • Highlight to supply chain • New clauses can be analysed and than added to the dictionary to ensure they are flown down in the future • Shredding multiple flowdown documents  one output
  • 14. COBHAM PRIVATE After VT: Bottom Line • Same day turnaround • Reduces “manual” contract review by 1 hour/contract • Doubled output from February to March • Audit deliverable • More time available for value add activities • Legal/regulatory analysis • Contract terms negotiation
  • 15. COBHAM PRIVATE Future State • Move beyond the regulatory/flow down sphere • SOW Analysis • “shall,” “must,” etc. • VT “Compliance Matrix Scan” dictionary • Quality Function • Breakdown specifications, quality clauses, SDRLs