Contract Terms and Conditions

In project, what has been agreed in the Contract shall prevail over any discussions the party may have happened. Hence drafting and negotiang of terms and Conditions in project Contract is paramount important.

For any situation there can be more than one option and with our experience in handling project contracts, we will able to help you in negotiating terms which are more desired for you.

We also help with your team to finalise the strategy for contract negotiations whereby we get the terms within our acceptable limits.

• Some of the services we provide:
  • Contract drafting
  • Negotiations of Terms and Conditions
• 80-20 Principal of contract review and Negotiations:

  We identify certain terms which have commercial impact on the project and spend 80% of the time on those active terms

  Some of the terms which has commercial impact:
  • Price Basis ( what is my scope)
  • Payment terms ( for neutral or positive cash flow)
  • Securities ( BG’s LC)
  • Warranty / Guarantee
  • Liabilities ( Schedule LD/ performance LD)
• Streamlining all the Contract of organization

  The contracting process often results in non-compliance, increased risk and slow completion cycles as a result of:

  • Fragmented and decentralized processes
  • Staff qualified in other process not able to give justice.
  • Old and type casted Contract form makes it inconsistent and complex.
• Our Contracts Simplification and Standardization solutions can help your Procurement and Legal departments in:
  • Simple and standard formats
  • Mitigates and Manages Risks
  • Improves and Controls Financial Value
  • Efficient use of resource
  • Ensures Business Controls and Compliance
  • Improves Business Productivity
  • Strengthening relationship with external stake holders
  • Protecting Competitive Business Advantage