{"id":553,"date":"2021-08-18T15:12:43","date_gmt":"2021-08-18T14:12:43","guid":{"rendered":"https:\/\/commercialtoolkit.arkaydigital.com?page_id=553"},"modified":"2021-11-03T17:39:55","modified_gmt":"2021-11-03T17:39:55","slug":"contract-principles","status":"publish","type":"page","link":"https:\/\/www.thecommercialtoolkit.com\/services\/contract-principles\/","title":{"rendered":"Entering Contracts"},"content":{"rendered":"\t\t
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STEP THREE<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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ENTERING CONTRACTS<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\t\t\tThe contract principles stage focuses upon determining the contractual terms<\/span> which have been entered into. In a long bid process it can often be difficult to determine at what point the contract has been entered into and which contractual documents apply. We can help you to better understand and control the process of entering into a contract.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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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.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Understanding Contract Terms<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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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.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\t\tWe can offer support, training and advice<\/span> in the following key areas…\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\tFormation of the Contract, offer and acceptance. Whose terms apply?\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\tStandard Industry Terms vs contracting on Customer Terms\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\tMemorandums of Understanding and Letters of Intent\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\tIdentifying and managing Contractual Risks\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\tUnderstanding specific Contract Terms\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t<\/i>\t\t\t<\/span>\n\t\t\t\t\t\tClick here to see an example of our work<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Sign up to our newsletter<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Sign up below for updates, news and helpful tips and hints on all things commercial contracting.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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