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Negotiations of Terms and Conditions in Contracts.

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Presentation on theme: "Negotiations of Terms and Conditions in Contracts."— Presentation transcript:

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2 Negotiations of Terms and Conditions in Contracts

3 Overview General Approach T&C Review Decisions Negotiations on Terms and Conditions

4 General Approach - IFB IFB ▫Terms & Conditions should be addressed during Question & Answer Period ▫Terms & Conditions should be the same for all awarded vendors

5 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

6 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

7 Negotiations – Warranty, Indemnity Warranty Indemnity/Hold Harmless ▫Vendor ▫Agency Limitation of Liability

8 Negotiations Patent, Copyright Intellectual Property Rights Insurance Requirements Confidential Information Clause, Header, Footer Vendor Terms included by website reference: Will Not Apply

9 Negotiations (cont.) Automatic Renewals Payments, Contested Invoices Contract Jurisdiction & Venue Arbitration Force Majeure

10 Negotiations (cont.) Limit Travel Costs Cancellation/Liquidated Damages charges Termination Options Entire Agreement

11 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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