At the completion of this seminar, participants will be able to:
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Implement risk management strategies in negotiating terms and conditions, negotiate prime and subcontract dispute clauses
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Determine the impacts of the hybrid nature of subcontract terms and conditions
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Select appropriate contract types and their associated terms and conditions
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Know the audit rights associated with FAR Part 12, 13, 14, and 15 acquisitions
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Apply basic delivery and transportation terms and conditions and appropriate quality requirements
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Understand the concept of acceptance and the associated terms and conditions
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Implement liquidated damages clauses when appropriate. Use warranty terms and conditions to reduce risk.
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Evaluate the terms and conditions for bilateral and unilateral changes
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Negotiate the terms and conditions for termination for convenience, stop work, and termination for default
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Limit liabilities and risks by negotiating clauses such as insurance, limitation of liability, indemnification, and liability for U.S. government property