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Published byNigel Welch Modified over 9 years ago
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Negotiations of Terms and Conditions in Contracts
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Overview General Approach T&C Review Decisions Negotiations on Terms and Conditions
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General Approach - IFB IFB ▫Terms & Conditions should be addressed during Question & Answer Period ▫Terms & Conditions should be the same for all awarded vendors
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General Approach - RFP RFP T&Cs ▫Will changes to T&Cs be allowed for Solicitation? ▫Require Vendors to submit their specific verbiage for changes to Agency T&Cs in their RFP Response ▫Require Vendors to submit the Vendor T&Cs in their RFP Response ▫Treat all Vendors Equally
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T&C Review Decisions T&Cs Changes/Additions to be approved by the Agency Attorney Risk Management Review & Approval Check for conflicts with Agency T&C’s Resolve any conflicts
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Negotiations – Warranty, Indemnity Warranty Indemnity/Hold Harmless ▫Vendor ▫Agency Limitation of Liability
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Negotiations Patent, Copyright Intellectual Property Rights Insurance Requirements Confidential Information Clause, Header, Footer Vendor Terms included by website reference: Will Not Apply
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Negotiations (cont.) Automatic Renewals Payments, Contested Invoices Contract Jurisdiction & Venue Arbitration Force Majeure
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Negotiations (cont.) Limit Travel Costs Cancellation/Liquidated Damages charges Termination Options Entire Agreement
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It is not the ship so much as the skillful sailing that assures the prosperous voyage. ~George William Curtis It is not the ship so much as the skillful sailing that assures the prosperous voyage.
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