Reference no: EM132571270
Developing Contracts in Procurement and Supply
Select a standard set of Khalifa University terms and conditions which would support furniture purchase.
• Extract key clauses from the standard terms and condition to review the following (examples) :
- Quality assurance/checking of product, linked to test standards/certifications
- Timeliness of deliveries or right to cancel / terminate for late delivery
- Cost certainty from supplier e.g. fixed pricing, treatment of inflation etc
- Ethical risks including anti-bribery and corruption clauses, conflicts of interest, ethics reporting
Knowledge and Approach
• Discuss and define the ‘battle of the forms' how you can ensure that agreements are placed wherever possible under Khalifa University terms and conditions.
• Ensure you cover off how performance is monitored (eg through example KPIs, regular meetings with suppliers etc) and relevant models to support your answer. Also look at risk assessment tools (ie probability versus impact).
Research
• Talk to your manager or a point of contact in Legal to have them walk through with you key clauses in Khalifa University's standard conditions of purchase which clauses are relevant to include in order to answer the assignment task.
• Research more (eg intranet, CIPS website etc) into which contractual terms are relevant when drafting contracts under the time, cost, quality and ethics headings.
• Engage with key stakeholders around how they manage performance and risks around cost, quality,
time and ethics.
Structure and Presentation
• When including graphics, ensure these are properly referenced
• Include the relevant contract terms or clause exhibits (cut and paste from Khalifa University standard conditions of purchase) which you would review.
• Ensure you read the assignment task in detail since it provides structured guidance as to the questions which need to be answered. Structure your answer accordingly.