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Contract drafting

Agility

Agile Contract Management Requires Agile Contracts

March 21, 2021March 20, 2021 by nicolaas

Agile business requires agile contract management. And agile contract management requires agile types of contracts. But why would you want to “go agile”. The agile methodology seems really the domain of IT and software development but how does that work …

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Categories Contract drafting
Goods and Services

The Contract and the Sale of Goods and Supply of Services

March 7, 2021January 23, 2021 by nicolaas

From a commercial and contractual perspective, there is a big difference between agreements for the sale of goods and supply of services. Contracts for the sale of goods and services agreements are similar in that they both place legal obligations …

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Categories Contract drafting
Liquidated Damages

Liquidated Damages and Penalties Around the World

March 7, 2021January 5, 2021 by nicolaas

Jurisdictions around the world approach liquidated damages and penalties differently. And if you are working in a high-tech company the chance is big that you will be selling to customers outside the country. And now always will they accept your …

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Categories Contract drafting
Deliverables

Contract Deliverables Versus Project Deliverables

March 14, 2021December 20, 2020 by nicolaas

Why is it important to distinguish between contract deliverables and project deliverables? Not clearly distinguishing between contract and project deliverables in your statement of work may lead to higher costs, liabilities and risks. My experience is this can gave major …

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Categories Proposal writing, Contract drafting
Boilerplate terms

Making Sure Boilerplate Terms Don’t Burn You

March 7, 2021December 5, 2020 by nicolaas

Boilerplate terms, also known as ‘standard’ or ‘miscellaneous’ terms or ‘general’ terms (and conditions, are clauses that you can find at the end of contracts. The terms set forth common legal provisions you normally can (or should) copy and paste …

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Categories Contract drafting
Identifying value leakages

A Well-Defined Statement of Work Leads to Higher Contract Values

March 14, 2021October 3, 2020 by nicolaas

The statement of work is the most important part of your contract. Over the last 30 years, I have seen thousands of scopes, statements of work, service descriptions, and technical specifications in proposals and contracts further detailing the ‘subject matter …

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Categories Proposal writing, Contract drafting
Contract drafting stakeholders

Contract Drafting to Prevent Loss of Profit

May 10, 2021May 4, 2019 by nicolaas

Contract drafting for highly complex, high-value, high-tech, and high-risk industries is one of the most challenging activities in business. Especially in aerospace, aviation defense, and other high-tech industries. This post will provide you with a high-level guide to contract drafting. …

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Categories Contract drafting, Featured posts

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