Ensure your terms are communicated clearly to avoid costly litigation.
Managing a contract is made easier if it is drafted to protect the interests of your employer. This program will cover some of the do’s and don’ts of drafting a contract, including how to handle forms that need to be included as part of the contract. You will learn about the different terms usually found in a contract and how to use them to protect your organization’s interests. Also, if reviewing a contract created by your vendor, what to look for and be sure you win the battle should there be a dispute. You will also learn how you can exit a contract properly and avoid a conflict.
Learning Objectives
- You will be able to describe the do’s and don’ts of drafting a contract.
- You will be able to define terms found in a contract and how to use them to protect the organization’s interests.
- You will be able to review attachments and exhibits.
- You will be able to explain how to exit a contract properly and avoid a conflict.
Agenda
- Reviewing the Terms of the Offer
- Drafting the Contract
- Identifying the Parties
- Attachments and Exhibits
- Avoiding Conflicting Terms
- Order of Precedence
- Jurisdiction
- Warranty Language
- Force Majeure (Acts of God)
- Cancellation Provisions
- Penalty Clauses
- Escalation Clauses
- Samples of Above
- Pitfalls
Speakers
Kenneth M. Jones,
SUNY Center for International Development- Past purchasing officer, worked part-time for the SUNY Center for International Development with their program in Kenya, Africa
- Has trained many university staff on procurement rules and regulations
- Established online ordering processes with vendors ranging from office supplies to lab chemicals and continues to provide training in his current position to procurement staff in Nairobi, Kenya
- More than 30 years of experience working in the public and nonprofit procurement field
- Previous purchasing experience included procuring commodities, services, and construction for the departments on campus
- Conducts regular seminars, webinars, and workshops on various procurement topics
- Past purchasing assistant for the New York State Office of Taxation and Finance
Who Should Attend
This live webinar is designed for attorneys, purchasing managers, material managers, contract administrators, senior buyers, project directors, controllers, and accountants.