What is the future of contracting? \r
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Tim Cummins, President and CEO of IACCM, posed the question to the more than 300 contract professionals gathered for a general session at the IACCM Americas 2013 conference held recently in Phoenix. \r
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Cummins pointed out that contracts do indeed play an important role, representing a source of economic value for a business. Yet, 30% to 35% of an organization's contracts underperform. That cost, he said, translates to about 9% of annual revenue.
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