The Contract Management Lifecycle The contract management lifecycle is widely considered as a crucial process that helps organizations manage their contracts effectively. It involves several phases, each of which plays a critical role in ensuring that contracts are created, executed, monitored, and renewed or terminated in a way that aligns with the organization’s objectives and …
What skills do Lawyers and Contracts Professionals need to work with Contracts?Both Contracts Lawyers and Contracts Professionals (and some Non-Lawyers) need to work with Contracts. At different times, this may include Contract Planning, Contract Drafting, Contract Review, Contract Negotiation, Contract Management, Contract Disputes, and implementing a Contracting Strategy. All of The 7 Pillars of Contracting, in …
My experience as a Construction Lawyer and ICT Contract Lawyer I have been a specialist front-end Construction Lawyer for the last 20+ years. My focus is more on Contracting as a whole and on Blaze Professional Learning now, rather than Construction Law specifically. But I still have a very soft spot for my speciality, and I …
Construction Contracts vs ICT Contracts: 5 Key Differences in 2023 Read More »
So you’re a Procurement Specialist and you need to put a Request for Tender, Request for Quotation or Request for Information (RFx) out to the market. You need to comply with Procurement requirements Your organisation will likely have its own policies and procedures relating to when, and how, to go out to the market for …
5 Procurement Tips you NEED to know in 2023 [Going out to market with an RFx] Read More »
Have you ever taken a moment to think about the number of contracts you enter into each day? This post gives you some examples of contracts that you might enter into without even knowing. It’s more than you might realise! Some of those Contracts are written contracts, some are verbal contracts. Some are express contracts, …
Examples of Contracts: What are some of the contracts you enter into every day? Read More »
Why do we have Contracts? Contracts are essential to any business, regardless of size, industry or jurisdiction. They capture the basis of legal agreement between the parties, and they outline the terms and expectations of a business relationship. Whether you’re hiring a new employee, purchasing goods from a supplier, signing a deal with a client …
Why are Contracts Important to Business in 2023? Read More »
If you optimise your Purchase Order Form by amending your Order Form template, it could save time and money, improve your Inventory Management, and increase your purchasing power as a buyer. What are Purchase Order Forms? Purchase Order Forms are 1- or 2-page documents issued by the Buyer, which describe goods or services to be …
How to Optimise your Purchase Order Form in 2023 Read More »
Introduction Every organisation that uses contracts needs to have an effective Contracting Strategy in place if they are to protect themselves from potential risks, reduce disputes, and ensure that their business operations remain on track. Contracts are essential tools for organisations to ensure that their business operations run smoothly and efficiently and, perhaps more importantly, …
7 Reasons why a Contracting Strategy is Critical Read More »
