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How to Write Contracts for Procurement Professionals - Webinar

  • ID: 4410011
  • Webinar
  • June 2019
  • 90 Minutes
  • Lorman Business Center, Inc.
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Get informed about important terms and conditions when drafting contracts for your organization.

This topic is geared to inform you about important terms and conditions to know when drafting a contract for your organization. This is based on years of experience drafting contracts and not a legal review presentation by an attorney. Understanding the terms of a contract is especially important when problems arise with a contractor or with organizational priorities. The object of the topic is to make you a better advocate for your organization when contracting with a vendor. Sample language will be reviewed that may assist you in strengthening the next contract you are required to draft.

Learning Objectives
  • You will be able to define procurement documents as attachments.
  • You will be able to describe termination clauses.
  • You will be able to identify indemnification.
  • You will be able to discuss the responsibility of the contractor.
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How to Draft the Contract

What Attachments to Include

Defining Terms

Reducing Your Organization's Risks

Responsibility of the Parties

Dispute Resolution

Terms to Avoid

Payment Terms

Penalty Clauses

Managing the Contract
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Kenneth M. Jones
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This webinar is designed for purchasing managers, material managers, presidents, vice presidents, business owners and managers, accounts payable professionals, bookkeepers, CFOs, controllers, accountants, contract administrators, buyers and government officials.
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