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.
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Why Lorman?
Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
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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Why Lorman?
Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on June 4, 2019.
Call 1-866-352-9540 for further credit information.
- ISM 1.25
- Participants who successfully complete this program will receive 1.25 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Kenneth M. Jones
- Procurement specialist working 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
- Can be contacted at 518-875-6854 or [email protected]
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Why Lorman?
Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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