Home > Salary > Sri Lanka > Contracting Officer
A contracting officer is a professional responsible for managing the procurement process within an organization. They play a critical role in ensuring that contracts are awarded and executed in compliance with legal and regulatory requirements. Their main responsibilities include soliciting bids from potential vendors, evaluating proposals, negotiating contract terms, and awarding contracts to the most qualified and cost-effective suppliers. They also monitor contract performance, resolve any disputes that may arise, and ensure that all parties fulfill their contractual obligations.
Estimated Yearly Salary: 3,633,333 LKR
Estimated Monthly Salary: 302,778 LKR
Estimated Weekly Salary: 69,872 LKR per week
Estimated Hourly Salary: 1,747 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 293,533 LKR
Estimated Weekly Salary: 67,738 LKR per week
Estimated Hourly Salary: 1,693 LKR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 10,497 USD
Estimated Monthly Salary: 875 USD
Estimated Weekly Salary: 202 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 3,633,333 LKR
Estimated Monthly Salary: 302,778 LKR
Estimated Weekly Salary: 69,872 LKR per week
Estimated Hourly Salary: 1,747 LKR per hour
By working as Contracting Officer a person can save up to 650 USD per month or 7,804 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Contracting Officer
Last revision of data: 2025-01-04
Data as of 2025
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Contracting Officer salary in Sri Lanka
Average Yearly Salary of Contracting Officer in Sri Lanka is approximately 3,633,333 LKR (10,497 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Contracting Officer do?
A contracting officer is a professional responsible for managing the procurement process within an organization. They play a critical role in ensuring that contracts are awarded and executed in compliance with legal and regulatory requirements. Their main responsibilities include soliciting bids from potential vendors, evaluating proposals, negotiating contract terms, and awarding contracts to the most qualified and cost-effective suppliers. They also monitor contract performance, resolve any disputes that may arise, and ensure that all parties fulfill their contractual obligations.
Skills: Contract management, Procurement, Negotiation, Vendor selection, Compliance, Contract performance
Job industry: Government contracting
Job industry: Government contracting
How much does Contracting Officer make?
Salary details
How much does Contracting Officer make?Estimated Yearly Salary: 3,633,333 LKR
Estimated Monthly Salary: 302,778 LKR
Estimated Weekly Salary: 69,872 LKR per week
Estimated Hourly Salary: 1,747 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,522,397 LKREstimated Monthly Salary: 293,533 LKR
Estimated Weekly Salary: 67,738 LKR per week
Estimated Hourly Salary: 1,693 LKR per hour
Last revision of data: 2024-01-07Contracting Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,497 USD
Estimated Monthly Salary: 875 USD
Estimated Weekly Salary: 202 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Contracting Officer job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Contracting Officer in Sri Lanka earns on average:
2.04 times the average salary (or 204% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Contracting Officer job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Contracting Officer in Sri Lanka earns on average:
2.04 times the average salary (or 204% of average salary).
Is Contracting Officer a well paid job?
Yes, our data show that Contracting Officer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Contracting Officer?
High salary for Contracting Officer would be somewhere between 3,996,666 LKR and 5,268,333 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Contracting Officer in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 3,633,333 LKR
Estimated Monthly Salary: 302,778 LKR
Estimated Weekly Salary: 69,872 LKR per week
Estimated Hourly Salary: 1,747 LKR per hour
By working as Contracting Officer a person can save up to 650 USD per month or 7,804 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Contracting Officer
India is 41,772 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Tool crib lead (1,359,302 LKR per year, pre-tax.)
Bilingual loan processor (933,777 LKR per year, pre-tax.)
Sales representative investments (2,338,378 LKR per year, pre-tax.)
Dump operator (1,230,809 LKR per year, pre-tax.)
Certified ophthalmic medical technologist (comt) (1,695,953 LKR per year, pre-tax.)
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