For a charity entering into a contract with any other party, there are a number of key factors to consider. In this half-day session Ed Rimmell, partner at VWV, will share his expertise on managing charity contracts effectively to ensure risks are mitigated, all parties fully understand what has been agreed and what to do if a dispute arises. Ed will also guide you through some common and important contract clauses which are often poorly understood.
This course will take place online via Zoom.
A £40 discount is available to Governance & Leadership subscribers.
Speakers
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Ed Rimmell
Ed specialises in commercial contracts and projects, from long term supply and services contracts, to contractual joint ventures, partnering agreements, framework agreements and terms and conditions. As a member of our Brexit Planning team, Ed can provide you with commercial advice relating to the UK's decision to leave the European Union.
Ed has advised a broad range of clients, from start up companies to large multi nationals, suppliers and customers, and in the energy market from project developers to project sponsors, regulators, acquirers and sub-contractors. This range of experience means that he is able to quickly identify the likely commercial and legal concerns of all parties to a transaction, facilitating a speedy agreement whilst ensuring that he focuses on what really matters to our client.
Programme
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10:00
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Introduction
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10:05
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Contracts as a tool for managing risk
We will look at some different types of contract, how they are entered into, and how to approach them. We will discuss how best to focus in on the key risks in any contract, to ensure that your efforts in agreeing the terms are best targeted at managing the particular risks in any agreement.
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10:30
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The importance of clarity
Most contractual disputes don't turn on fine points of law, or on rarely referred to clauses. Instead, disputes usually revolve around the key commercial features of an agreement. E.g. who agreed to do what, to what standard, for what fee and for how long. We will look at how clear drafting, in key commercial provisions, can make all the difference in the success of a contract.
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11:00
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BREAK
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11:15
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Easy wins and common questions in contract terms
There are a handful of key contractual provisions which, if done right, can help manage most contractual risks. There are also a handful of common and important clauses which are often poorly understood. We will help you to navigate some of those important provisions and to understand some of those key clauses.
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12:00
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BREAK
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12:15
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Contract management and using your rights
Once agreed, your contract is an important tool for managing your relationships with suppliers. It's not just there for when things go wrong, but used properly it can help you to avoid disputes and to incentivise good performance from suppliers. We will provide you with some pointers for how best to make use of your contracts once they are in place.
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12:45
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Conclusions & Q&A
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13:00
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End
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