STEP THREE
ENTERING CONTRACTS
This may include management of bid documents, order confirmations and acceptance of standard terms as well as minimising the risk of other warranties or representations being incorporated into the contract during the sales process or as a result of industry practice.
Understanding Contract Terms
We also focus on which contractual terms should be used and whether standard terms offer adequate protection. We are able to provide training on key contractual provisions, what they mean and what the risks of accepting them may be. We can also assist with drafting standard terms and contracts. Our focus is on not just understanding the words on the page but understanding the commercial impact of the clauses and provisions.
Formation
Formation of the Contract, offer and acceptance. Whose terms apply?
Terms
Standard Industry Terms vs contracting on Customer Terms
Documents
Memorandums of Understanding and Letters of Intent
Risk
Identifying and managing Contractual Risks
Terms
Understanding specific Contract Terms
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