Legal Perspectives on Contract Management
- Purpose: Develop contracting awareness, legal framework understanding, negotiate complex terms, manage disputes, improve supplier performance.
- Target Audience: Teams needing to enhance legal contract understanding for better risk management and supplier performance.
Overview
This 2-day course aims to enhance delegates' contracting awareness and skills within the European legal framework. Participants will learn to review, analyze, and negotiate complex contract terms effectively. The course covers topics such as contract formation, types of supply agreements, breach remedies, legislation impact, dispute resolution methods, and contract drafting skills. It is designed for teams seeking to improve their understanding of legal components in contracts to manage commercial risk and supplier performance effectively.
Who should attend
Procurement Teams
Course Content
Course running order
Day One
The fundamentals of the formation of a contract with an external supplier
The battle of the forms and the steps that can be taken to ensure formation of the basis of the corporate terms
The contractual implications of different types of supply agreement, such as framework and call off contracts
Analysing the impact of different categories of contract term; conditions, warranties
Remedies for breach of contract; damages and liquidated damages
Day 2
Implied and express terms.
Key areas of legislation such as the Sale of Goods Act (as amended), the Supply of Goods and Services Act, Unfair Contract Terms Act and Contracts (Rights of Third Parties) Act
Impact of other forms of legislation on organisational procurement such as TUPE, employment law and competition law
Applying different methods of dispute resolution
Recognising the legal impact of standard contractual terms; guarantees, pricing methods, payment, indemnity and insurance provision, intellectual property and confidentiality
Contract drafting skills; defining the basics
Managing disputes
Negotiation
Arbitration
Adjudication
Alternative Dispute Resolution
Course Objectives
To develop delegates contracting awareness and skills. To ensure they have the basic understanding of the legal framework for contracts within the European context. To enable them to review analyses and evaluate complex terms in a contract and to better negotiate working solutions for their business.
Who should attend?
Teams that feel the need to improve their understanding and use of legal components of contracts to better mange commercial risk and exposure within a relationship framework that promotes supplier performance
