This training course will feature:

• Guidance and practice in drafting, amending and negotiating principal contract clauses
• How to use contract provisions to reduce both commercial risk, and risk of disputes
• Use of the appropriate wording to protect your company’s interests
• Effective management of claims and resolution of disputes
• Principles widely used in international contracting

By the end of this training course, participants will be able to:

• Demonstrate the ability to draft, negotiate and amend contracts
• Recognize key contracting issues
• Appreciate how contract clauses can be used to mitigate risk
• Perform more skillfully in negotiating claims and disputes
• Use the most effective and commercial ways to resolve disputes

This course will benefit all levels of personnel engaged in contract management, negotiation, procurement, operations, and disputes. This course is suitable to a wide range of contracts professionals but will greatly benefit:

• Contract Administrators, Contract Managers and Contract Professionals
• Supply officers, Buyers, Purchasing Professionals and Procurement Officers
• Project Coordinator’s, Project Managers and other Project Professionals
• Claims Personnel, including legal advisers
• Contract Strategists and Business Audit Officers

This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas and will include:

• Lectures
• Workshop & Work Presentation
• Case Studies and Practical Exercise
• Videos and General Discussions

Day One: Commercial Use and Structure of Contracts

• Function, Formation and Validity of Contracts
• Types of Law, Judicial and Arbitral Systems
• Choice of Law, Forum and Jurisdiction
• Different Types of Contract
• Contract Structure and Format
• Incorporation and Precedence of Documents

Day Two: Contract Drafting as Writing

• Style and Type of Language
• Common Words and Phrases
• General Pitfalls
• Defined Terms
• The “Deadly Dozen” Contract Terms
• Boilerplate Provisions

Day Three: Main Contract Clauses

• Delivery, Performance and Acceptance
• Title and Risk
• Variations and Changes
• Price and Payment Terms
• Security and Withholding Rights
• Contract Management and Administration

Day Four: Other Key Clauses

• Force Majeure
• Intellectual Property
• Indemnities and Insurance
• Suspension and Termination
• Bonds, Guarantees, Warranties
• Damages and Limits/Exclusions of Liability

Day Five: Negotiation and Resolution of Disputes

• Conflict; definition and resolution
• Negotiation – Tools and Techniques
• Dispute Resolution clauses
• Alternative Dispute Resolution (ADR)
• Litigation and Arbitration
• Enforcement

A RECTUS attendance certificate will be awarded to all participants who complete at least 80% of the total course duration.