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Terms and Conditions and the Developing of Contracts


Terms and conditions are a very important element of developing contracts, helping to minimise contractual risks and exposure when doing business.

Key Procurement Topics

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Related concepts

Contract Management Guide

Contract life cycle management “is the process of systematically and efficiently managing contract creation, execution and analysis for maximising operational and financial performance...

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Supplier Performance Management (SPM)

Performance monitoring of suppliers is a fundamental part of contract management (CIPS: Performance Monitoring of Suppliers).

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The dependencies between actors, activities and resources cause negative consequences when stocking level variability occurs upstream or downstream in the supply...

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