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Drafting and Vetting Procurement and Supply Chain Contracts (one day online program)

Description

This one day online course is designed to help you draft and vet effective procurement and supply chain contracts clauses and enhance your functional skills.

Learning Objectives

Participants will learn:-

  • The legal position of RFQ/RFP/ITB /PO when doe is it become a contract and the challenges involved.
  • Frame work of Purchas Order/Work Order
  • Challenges and risk in issuing LOI – Signing of MOU/ NDA
  • How to review risk transferring Clauses in a Contract
  • Dealing with challenges in Variation Clause
  • International Best Practices in Contracting

Course Content

Understanding Procurement Process
· How do market approaches differ: EOI, RFQ,RFP,RFI,ITB & PO
· Understand Risk Implications in signing NDA
· Guidelines for Reviewing Contract
· Review Risk Transferring Clauses like;-
Liquidated Damaged
Consequential Damages
Limitation of Liability
Indemnity
Third Party Liability
Negligence
Force Majeure
Warranty/Guarantee
· Best Practices in dealing with Variations
· Defects Liability Period (DLP)
· Dispute Resolution.

Who Should Attend.

The online course Drafting and Vetting Procurement and Supply Chain Contracts would be of interest to Professionals from

  • Procurement,
  • Projects
  • Finance
  • Contracts,
  • Sourcing, Buyers,
  • Supply chain and
  • Anyone interested in the subject.