Although contracts define all business relationships, their importance is often underestimated and misunderstood. Huge sums of money can be lost by failing to follow the provisions of a contract. Understanding contracts better is a key part of managing risk and working profitably. This course will help you to do that.
About this course
This course will give you the necessary skills to understand fundamental contractual concepts. Enhance your ability to read and negotiate product and services contracts used in the energy industries; learn major differences between commercial and legal sides of the contracts, ensuring smooth contract delivery and master the ability to structure your work within the contract.
Who should attend
Suitable for directors, managers, engineers, sales professionals, finance personnel and anyone who needs a better understanding of contracts and terms & conditions.
Timings: 09:00 - 17:00
Location: EIC London, SE1 7TP
Dietary: Directors, managers, engineers, sales professionals, finance personnel and anyone who needs a better understanding of contracts and terms & conditions.
- Commercial Issues
Good contracting practices
Scope of Work and delivery/schedule
- Major terms and conditions
Products and services supply, key differences
Pros and Cons of Standard Forms of Contract
Use of LOGIC contracts
- Legal clauses
Indemnities & complex indemnities clauses
Catastrophic and consequential losses
- Termination/suspension – difficulties of application
Limitation of liability
Final walk through of a typical contract
What is a balanced contract?
Managing risks in contracts
Negotiation - regularly negotiated terms and those with most value
Early bird, group and apprentice discounts are available, please click here to find out more, or contact firstname.lastname@example.org