Detailed below is a list of ten top tips
compiled by BEB Contract and Legal
Services.
- Have your own terms and conditions written
and submitted with your offer
- Know who you are in Contract with
- Know which terms you are trading on
- Vet, review and complete a risk analysis
on all Contracts / Orders received
- Know your contractual liabilities and for
how long they apply
- Send out an order acknowledgement
clarifying the terms and conditions upon which you
are proceeding
- Raise your application / invoices on time
to ensure you are paid in good time, especially if
you expect to be paid before goods are shipped to
site.
- Implement and work to your business terms
and conditions. If your delivery is subject to
receipt of payment, do not deliver the goods if
you have not been paid.
- Keep a register of all your contracts,
warranties, indemnities and Bonds
- Store your contract documents in a safe,
lockable, fire proof cabinet