Category: Contracts

5 reasons not to simplify your contract

In the interests of balance, I ought to explain not just why you should simplify your contracts but also provide some of the arguments I have heard against the idea. Don’t simplify Here are the five most popular excuses I have heard for keeping to the norm of complex, one-sided

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Why simplify your contracts?

Contracts are the lifeblood of business. We’ve been using them for millennia, so why should your business follow the global trend and focus on making them simple? Contracts should: effectively communicate what each company involved in the project needs to do (allocating responsibilities) reflect the changing needs of the parties

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Preparing for the march of technology

Are you ready for digital first contracting? My survey seeks to find out broad opinions on current practices in contracting, and what the future may hold. It’s great to get a real-world view from across sectors and continents. However, low confidence in your organisation’s ability to manage the march of

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How to simplify your contracts

Assuming you all somewhere have a contract, agreement or set of T&C that are perhaps a little on the bloated side, where would you start with simplifying them? 6 steps to contract heaven First, consider the purpose of your contract. Is it primarily to manage to transaction/project or to enforce

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Contracts that perform in practice

Contracts are tools to help you do business. Your contract must perform for you on your projects – it should be easy to use and responsive to your and your clients’/suppliers’ business needs. Practical processes We could spend a long time debating which are the most critical terms in a

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Will machines jeopardise your working relationships?

My sneak peak at the responses so far to the 500words digital-first contracting survey shows some interesting trends on how current practices in contracting vary and how they might change in the future. So how might changes to the business landscape impact construction contracting? Will contracts embrace the rise of

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Trust-enhancing terms

As well as having a positive process, the terms in your contract can (and should) enhance the trust you already have* with your client/supplier, both through specific terms and through their general style and tone. Demonstrating trust First, check which of the 8 Habits of Defective Contracts you are guilty

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Not fit for present purposes

One third of respondents to a 2021 Turner and Townsend survey believed that their construction contracts were unfit to address the impact of the pandemic on the project. I am not surprised. At the start of the UK lockdown, lawyers, contract users, advisers and professionals were scrabbling to find the

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A positive contracting process

You can have the best contract in the world, but if it is hard to get agreed, signed or to find, then it is not much use in managing your business relationships. You need a contract process that is a simple and positive experience for you and your clients/suppliers. Simplifying

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Contracts for the playbook

The UK Government’s Construction Playbook has 14 key policies for reforming and modernising aspects of public sector projects (and perhaps, with luck and trickle down, the private sector too). However, it will need some robust contract tools to bring those ideas to fruition. In a series of posts, I consider

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