Download notes to help you understand contracts and other aspects such as managing contractual risks and negotiating better deals. The contract law downloads are summaries of notes which constitute part or contract law lessons that you can CHECK OUT HERE>>
UNDERSTANDING DAMAGES IN CONTRACTS
As part of MANAGING CONTRACTUAL RISKS it is a wise move to communicate the nature of unusual losses or damages likely to be sustained in a contract before you make the contract, this way you contract subject to the PROSPECTIVE LIABILITY. It is important to distinguish liquidated damages in a contract from penalties that could also be imposed on the same contract…DOWNLOAD THE PDF for MORE!
TEMPLATE: How to write a Request for Proposal (RFP)(download)
Here is a quick guide to writing rfp.A Request for Proposal (RFP) is issued by an organisation to obtain proposals for the supply of inputs to the organisation (usually goods or services).
Proposals in this case are what you commonly refer to as bids or offers