The Course Content
Day One: The Basis of Contracting
Why we use contracts?
Legal requirements for a valid contract
Oral contracts
Electronic contracts
Terms and conditions of the contract
Authority to contract
Day Two: Risk and Different Contracting Types
How to assess and manage risk
Traditional contract types
Modern contract types
Bonds and Guarantees
Letters of Intent
Which Law, which court?
Day Three: Major Contract Terms
Obligation to perform
Defective goods
Liability issues
Indemnities and Insurance
Intellectual property
Force Majeure
Day Four: Changes and Variations, Payment and Close-out Issues
Changes and Variations
Payment issues
Letters of Credit
Warranty claims
Suspension and Termination
Contractual issues on close out
Day Five: Negotiation, Avoidance and Resolution of Disputes
Negotiation, compromise and settlement
Litigation
Arbitration
Mediation
Expert Determination
Dispute Review Boards