Final answer:
The project manager or contracting officer's representative (COR) must review contractor performance documentation on a regular basis to ensure compatibility with contract and mission objectives.
Step-by-step explanation:
In a business context, the contractor performance documentation prepared by FRED personnel needs to be reviewed regularly by the project manager or contracting officer's representative (COR). These individuals are responsible for ensuring that the contractor's performance aligns with the objectives outlined in the contract and the mission of the organization.