"oversee the contract" is a correct and usable phrase in written English.
It means to supervise or manage the execution of a contract. Example: The project manager will oversee the contract between the company and its vendors to ensure that all terms and conditions are met.
Investors are already returning in droves but it is not yet clear who is empowered to oversee the contracts.
He proposed the creation of a new government enterprise, called Petrosal, to manage and oversee the contracts for subsalt exploration and production.
The slow progress was due to a clash between Pakistani politicians at the provincial authority created to speed Swat reconstruction, and two monitoring agencies the United States employed to oversee the contracts, Mr. Yousafzai said.
But the Small Business Administration's inspector general, Peggy E. Gustafson, testifying in a Congressional hearing last week, said that her agency often did not effectively oversee the contracting programs and did not aggressively pursue companies that misrepresented themselves as small.
WASHINGTON, Oct. 19 — Over the past four years, the amount of money the State Department pays to private security and law enforcement contractors has soared to nearly $4 billion a year from $1 billion, administration officials said Tuesday, but they said that the department had added few new officials to oversee the contracts.
Worse yet was the government inspector overseeing the contract.
Other officials responsible for overseeing the contract failed to do so and did not know its basic terms.
The initial price was based on "drive-by estimating," said Richard V. Dowling, a spokesman for the corps, which oversees the contract.
In Houston he also oversaw the contract extension of Hans Graf, the music director, and dealt with the aftermath of a strike.
