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Contracting: What All the Ts and Cs Mean

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Seminar #4491
October 23 - 24, 2014
Phoenix, AZ

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Because supply management professionals must ensure that contracts protect the interests of their organizations, the ability to understand contract clauses is a key skill. This seminar addresses many of the standard terms found in most contracts as well as the impact of electronic purchasing. Discussions include key terminology and clauses that you will be able to use when forming agreements with your suppliers. Extensive examples of contract language are provided. You are strongly encouraged to bring your own contracts, clauses, and/or purchase orders for a hands-on review session.

For additional courses in ISM's Legal and Contracting series, see also Legal Foundations of Supply Management: The Basics You Need to Succeed, Contracting for Purchasing and Supply Management: Beyond the Basics, Legal Considerations of Software Licensing and Other Technology-Related Agreements, and Performance-Based Statements of Work (SOWs): Maximize Supplier Performance.

Bring copies of your Ts and Cs, purchase orders or contracts for a hands-on review session.

Bio for Helen Pohlig

Who Should Attend

Both new and experienced contracting, purchasing and supply management professionals who desire to understand basic contract premises and law, as well as a detailed introduction to contract terms and conditions. Suggested prerequisite: Legal Foundations of Supply Management: The Basics You Need to Succeed.

You Will Learn...
  • Five elements of an enforceable contract
  • The use of 30+ common contract clauses (terms and conditions) for goods and services
  • When different clauses should and should not be used
  • How to draft better contract clauses
  • The impact of electronic purchasing on contracting
You Will Earn...

14 continuing education hours

Course Outline
  1. Overview of laws that impact contracts; Review of basic contract law concepts
  2. Contract formation: How to construct legally binding agreements
  3. Interpretation of contract language; Legal wording that is and is not necessary in agreements
  4. Purchase orders, blanket orders, request for proposals, requests for quotation, letters of intent and contracts
  5. Contracts and electronic purchasing; How widespread use of high-tech forms of communication impacts contracting
  6. Detailed discussion of a variety of contract clauses (terms and conditions) for goods and services
  7. Drafting contract terms and conditions from both the buyer's and seller's perspectives

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Hotel Information

Hilton Phoenix/Chandler
2929 W. Frye Rd
Chandler, AZ 85224

The discounted room rate of $159(USD) single/double is available until September 28, 2014. Be sure to mention ISM to receive the ISM discounted rate or use the link below.

Click here for hotel website

In order to ensure maximum participation interaction and learning, enrollment is limited.

Seminar Hours:
2-Day Seminars
First Day: 8:30 a.m. - 4:30 p.m.
Second Day: 8:30 a.m. - 4:00 p.m.

3-Day Seminars
First Day: 8:30 a.m. - 4:30 p.m.
Second Day: 8:30 a.m. - 4:30 p.m.
Third Day: 8:30 a.m. - 4:00 p.m.

One-Day Seminars:       8:30 a.m. - 4:30 p.m.

Half-Day Seminars (On-Point):     1:00 - 4:30 p.m.

Please be sure to read all Seminar Registration Information prior to registering for a course.

If this scheduled date for this seminar does not meet your needs, you can search for other available seminars.

Seminar #4491 Regular Price Member Price
Cost: $1,699.00 $1,399.00
Total: $1,699.00 $1,399.00
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