Contracts are living documents. They’re drafted with precision but rarely remain untouched throughout their lifecycle. Market shifts, regulatory updates, operational … More
Tag: contracting
Ten Factors to Consider When Establishing Dispute Resolution Processes: Adjudication, Mediation, and Arbitration
Disputes are an inevitable part of business relationships. Whether they arise from contract misunderstandings, performance issues, payment delays, or scope … More
Ten Methods to Ensure Contingency Plans Are in Place to Handle Supplier Failure – Short-Term and Long-Term
Supplier failure is one of the most disruptive risks in supply chain and contract management. Whether it’s a missed delivery, … More
Ten Ways to Ensure Defined Escalation and Reporting Routes Are in Place for Risk Governance
Risk governance is the backbone of organizational resilience. It’s not just about identifying risks—it’s about knowing how to respond when … More
Post-Award Payment Model Changes: How to Implement Contract Variations That Deliver Value for Money
In the lifecycle of a contract, change is inevitable. Market conditions shift, project scopes evolve, and unforeseen challenges arise. One … More
Aligning Performance and Partnership: How Supply and Contract Management Can Ensure Effective Incentive Mechanisms with Suppliers and Contractors
In today’s competitive and interconnected business landscape, the success of an organization often hinges on the performance of its suppliers … More
Ten Ways to Ensure Team Members in Both Customer and Supplier/Contractor Organizations Understand Dispute Escalation Processes
Disputes are inevitable in business relationships – especially in complex projects involving multiple stakeholders. But when escalation processes are unclear, … More
Top 10 Ways to Ensure Service Level Agreements Are Fully Understood by Suppliers and Contractors
Service Level Agreements (SLAs) are the backbone of successful outsourcing and vendor relationships. They define expectations, responsibilities, and performance metrics … More
Ten Ways Contract Managers Enable Suppliers to Deliver Value
In the world of contract management, one of the most overlooked success factors is the customer’s own readiness to support … More
Gauging Supplier Understanding: A Maturity Model for Service Delivery Alignment
How to Assess Whether Contractors Truly Grasp What They’ve Been Hired to Deliver In complex contracting environments, it’s not enough … More
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