How to Write Contracts for Procurement Professionals

OVERVIEW

This webinar is geared toward informing participants about important terms and conditions to know when drafting a contract for your organization. This is presented from a pier perspective 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 webinar 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.

Attend this webinar to gain an understanding of the documents and section types necessary to draft a procurement contract. Use clauses to prevent getting locked into a bad contract. Learn about tools to control cost escalations.

WHY SHOULD YOU ATTEND?

Learn terms that may impact your contract and your employer. Get a head start on what to look out for in a common vendor agreement. Discover what terms to include to strengthen the position of your company or agency. Gain an understanding of what terms may be considered deal breakers vs. a business decision. Receive information on the importance of terms to be used to prevent being held hostage by an underperforming vendor under contract.

LEARNING OBJECTIVES

Key Learning Objectives of this Topic are :

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

AREAS COVERED

Preamble
Procurement Documents as Attachments
Scope of Work
Payment Terms
Term Dates and Renewals
Escalation Clauses
Termination Clauses
• For Cause
• For Convenience
Jurisdiction
Arbitration
Insurance
Bonding
Indemnification
Direct Damages
Indirect Damages
Terms to Avoid
General Terms and Conditions of Your Organization
Final Agreement Between the Parties
Independent Contractor Provision
Waiver of Enforcement
Responsibility of the Contractor
• Determination
• Written Notice
• Suspension
• Ability to Cancel
• Replacing the Contractor
Penalty Clauses
Order of Precedence
Contract Draft Legal Review
Signatures Notarized
Attachments/Exhibits
Contract Amendments
Contract Administration

WHO WILL BENEFIT?

Purchasing Agents
Account Managers
Contract Officers
Buyers
Procurement Officers
Administrators
Counsel

Purchase options

Option	Price
Recorded Link Only	$199
Recorded USB Only	$349
Corporate Recording (Upto 10 Attendees)	$599

*Training USB will be shipped within 7-10 working days. *Buy Now Pay Later option is available in the payment cart page.
*In case you're unable to attend the live session, we'll make sure you receive the recording promptly.

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Email: [email protected]

Call: +1-855-202-3299

Kenneth Jones

Procurement Specialist

About speaker

Ken Jones has been working in the public and non-profit procurement field for 30 years. He worked for the New York State Office of Taxation and Finance as a Purchasing Assistant from 1985-87 and left there to work for the University at Albany, SUNY where he served as a Purchasing Agent and in 1999 was the Assistant Director supervising and providing training for the Office of Purchasing and Contracts. This included proving training for both State procurement and The Research Foundation for SUNY procurement rules and regulations. His previous purchasing experience included procuring commodities, services, and construction for the departments on campus. A past Director of the SUNY Purchasing Association, Ken retired from the position of Assistant Director in January of 2014. However, he was requested to continue to assist the office through the end of 2014 and is again doing so. Until 2020, Ken worked part-time for the SUNY Center for International Development as a Procurement Specialist assisting primarily with training and reviewing the work of procurement staff in Nairobi, Kenya with the AHADI program in Kenya, Africa. Ken has trained many University staff on procurement rules and regulations. He established online ordering processes with vendors ranging from Office supplies to Lab chemicals and continues to provide training in his current position. Ken has presented on various procurement topics both in person and on the Web.