Gone are the days where procurement agreements are easy to understand negotiate and draft. In a highly complex world of international commerce and trade, having a good understanding of procurement agreement is vital.
In this 1-day course, participants will be taught the various skills on how procurement agreements will be secured, including other techniques on how to draft and vet a procurement agreement. The course will consist of practical advices, group discussion, case studies, and negotiations exercises to better illustrate to participants.
The essentials of a procurement agreement :
- Key points to note in a procurement agreement
- How are procurement agreement structured
- The challenges in structuring procurement agreement
Evaluating the risk and issues in a procurement agreement?
- Definition of risk in procurement agreement
- Weighing the practical consideration in a procurement agreement
- The key points to note when considering the risk in a procurement agreement
Key Contracting Terms in a Procurement agreement.
- Key terms in a procurement agreement
- What are the key clauses in a procurement agreement
- What to look out when looking at the procurement agreement
Indemnity & Warrant Clauses in a Procurement agreement.
- Definition of an indemnity clause
- How indemnity clause should be negotiated.
- Key points to look after an indemnity clause has been negotiated
Role of insurance in contracts In a Procurement agreement
- Interpreting insurance clause in commercial contracts
- Insurance and the art of negotiating insurance clause
Limiting liability in a procurement agreement
- Signing a limited liability agreement
- Inserting limited liability clauses into a procurement agreement
- The art of negotiating this limited liability clause
The art of negotiating procurement agreement in Asia
- The key points to note when signing with a procurement agreement
- The due diligence process when negotiating a procurement agreement
- The key points to note when concluding a procurement agreement
Arbitration Clause and Governing Law Course
- Is Arbitration the best way to resolve conflicts
- The choice of law and venue
- How can Arbitration work in overseas jurisdiction
Alternative Dispute Resolution Mechanism
- Definition of Alternative Dispute Resolution
- How does Alternative Dispute Resolution operate
- The key elements of Alternative Dispute Resolution
Who Should Attend
Executives, contracts managers, programme managers, project engineers, managing directors, group financial controllers, company directors, sales directors, business managers, financial controllers, marketing managers and executives, business advisers, bankers, consultants, company secretaries, administrators, credit executives, finance and operation executives, maintenance managers, accounts supervisors
David Shanmugam holds a Bachelor of Law degree from the University of London and Master of Business Administration degree from Victoria University. He has many years of legal practice in the private sector and is presently working in a legal firm. David is also an Advocate & Solicitor of the Supreme Court of Singapore
He regularly conducts legal seminars and workshops for directors, HR and finance professionals on business and company law as well as various practical legal issues faced by corporate individuals. His forte is in the field of corporate and commercial drafting of contracts, including commercial company matters.
Fee Per Pax
(inclusive of GST)
22 March 2019 (Fri)
9:00 am - 5:00 pm
160 Robinson Road #06-01, SBF Center
SBF Member :
Before e2i course fee support funding - $428
After e2i course fee support funding - $323
Before e2i course fee support funding - $535
After e2i course fee support funding - $430
e2i course fee support funding = $15/hr per pax subject to the following criterias :
- Participant is/are Singaporeans or Singapore PRs
- Participant and/or the Company is not receiving any other government support funding
To apply for funding, email Josephine Lin at firstname.lastname@example.org
Fee include course materials, lunch & tea breaks
Upon completion of the workshop, each participant will receive a certificate of attendance
- Please log on to https://login.sbf.org.sg/SBFPortal/Sign_In.aspxwith your Username and Password to register. Please create an account for registration if you do not have an existing account with Singapore Business Federation (SBF).
- Upon registration, you can make payment using credit card via our online payment platform. An auto e-acknowledgement and invoice will be sent to your registered email.
- No cancellation is allowed upon registration but attendance by a replacement delegate from your company is welcomed. Please notify SBF of the change giving at least 3 days’ prior notice to event date to enable logistical arrangements for the replacement to be made.
- Full payment is required with registration and must be received prior the workshop to guarantee your place. Participants will only be admitted if payment/proof of payment has been received prior to the workshop or on event day.
- Participant will still be liable for full payment in the event of no-show on actual day of the workshop.
- SBF reserves the right to cancel or make any adjustments to the workshop.
1) Electronic Payment
Internet banking services with UOB or DBS via Billing Organization.
2) VISA/MASTERCARD Terminal
Payment can be made via our VISA/MasterCard terminal in our office
3) Cheque Payment
Please cross your cheque payable to Singapore Business Federation and mail it to 160 Robinson Rd #06-01, SBF Center, Singapore 068914
Indicate the Invoice number, Company and Participant name at the back of the cheque.
If you have registered less than 5 working days before the event date, please bring along the cheque on the day of workshop.
For more information, contact Josephine Lin at email@example.com l 6701 1131
Note : To safeguard the well-being of all participants, we advise members who are feeling unwell to refrain from attending the workshop.
All information, materials and related graphics contained herein and/or provided in the course of the training session(s) (hereinafter referred to as “Information and Materials”) are intended for informational and/or educational purposes only. The Singapore Business Federation does not claim ownership of any of the Information and Materials provided by the external training vendor(s). The information and Materials may from time to time include technical inaccuracies or typographical errors, and changes may be added periodically as may be necessary. Please note that photography, audio and video recording may occur during these events. All photography, audio and video recording may be used by Singapore Business Federation for education, marketing, promotional and/or publication purposes. If you do not wish to have your image recorded or published, for compelling and legitimate grounds relating to your particular situation, please inform our staff.