Drafting Contracts for Procurement Professionals virtual, sheridan

OVERVIEW
Understanding the terms of a contract is especially important when problems arise with a contractor or with organizational priorities. The object of the webinar is to make you a better advocate for your organization when contracting with a vendor. Sample language will be reviewed that may assist you in strengthening the next contract you are required to draft.
Attend this webinar to gain an understanding of the documents and section types necessary to draft a procurement contract.

WHY SHOULD YOU ATTEND?
Learn terms that may impact your contract and your employer. Get a head start on what to look out for in a common vendor agreement. Discover what terms to include to strengthen the position of your company or agency. Gain an understanding of what terms may be considered deal breakers vs. a business decision. Receive information on the importance of terms to be used to prevent being held hostage by an underperforming vendor under contract.

LEARNING OBJECTIVES
How to Draft the Contract
What attachments to include
Defining Terms
Reducing your organization’s risks
Responsibility of the parties
Dispute resolution
Terms to avoid
Payment Terms
Penalty Clauses
Managing the contract

AREAS COVERED
Preamble
Procurement Documents as Attachments
Scope of Work
Payment Terms
Term Dates and Renewals
Escalation Clauses
Termination Clauses
Jurisdiction
Arbitration
Insurance
Bonding
Indemnification
Direct Damages
Indirect Damages
Terms to Avoid

WHO WILL BENEFIT?
Purchasing Agents
Account Managers
Contract Officers
Buyers
Procurement Officers
Administrators
Counsel

About speaker
Ken Jones has been working in the public and non-profit procurement field for 30 years. He worked for the New York State Office of Taxation and Finance as a Purchasing Assistant from 1985-87 and left there to work for the University at Albany, SUNY where he served as a Purchasing Agent and in 1999 was the Assistant Director supervising and providing training for the Office of Purchasing and Contracts. This included proving training for both State procurement and The Research Foundation for SUNY procurement rules and regulations.
Ken has trained many University staff on procurement rules and regulations. He established online ordering processes with vendors ranging from Office supplies to Lab chemicals and continues to provide training in his current position. Ken has presented on various procurement topics both in person and on the Web.