Course Objective
At the end of the programme, participants are expected to BE ABLE to:
- Understand the prerequisites for contract formation & commercial contracts
- Develop their role in Contract writing and the ways that it can create value
- Aware of their legal obligations and responsibilities
- Understand the risk processes and how they are applied to contract writing
- Review the probity requirements that apply to contract writing
Target Audience
- HR Directors
- General Managers
- Procurement Administrators
- Operation Supervisors
- HR Executives
Methodology
- Dynamic and highly-interactive presentations
- Brain-friendly and logical approach in learning
- Emphasis of pragmatism over theory alone
- Interactive Trainer Facilitation
Course Modules
Module 1 A Perspective on Contract Writing
- Various views on contract writing
- Misconception of it
- Top 5 Reasons
- In the beginning
- Jurisprudence and industry practice
- Group Exercise and/or Assessment
Module 2 Contract Essentials
- The difference between a promise and a contract – Legal definition
- Offer and acceptance
- Consideration
- Intention – identify issues with Memoranda of Understanding, Letters of Intent and Letters of Comfort
- Law of contract & Contract Act 1950
- Key issues around contract formation
- Purpose of contracts
- Risk transfer through contracting
- Definition of a successful contract
- Communications chain
- Group Activity
Module 3 Legal Processes and Implications
- Malaysia legal system
- The court of law structure
- Modes of dispute resolution
- Understanding the litigation process
- Common legal implications
- Alternative dispute resolution
- Interactive Discussion
Module 4 Terms of T&C in Contracts
- Certainty of terms – express and implied, agreements to agree
- Contingent conditions
- Consider the impact of ‘good faith’ requirements in contracting practice
- Representations and warranties, limitation clauses, boilerplate provisions
- Non-disclosure clause
– Restraint of Trade clause
– Terminology – procurement and contracting
Module 5 Setting Aside Contracts & Termination
- Contract types & Consequences of wrong contract management
- Types of termination
- Rescission of a contract
- Mistake
- Misrepresentation
- Misleading and deceptive conduct
- Fraud
- Duress and undue influence
- Unconscionability – statutory unconscionability
- The Devil’s Advocate of Bangsar
- Group Exercise
Module 6 Remedies for Breach
- Injunctions &Specific performance
- Cancellation
- Damages
- Actions for debt and relief against forfeiture
- Restitution
- Practical Exercise – Case studies, Mind Mapping
Module 7 Effective Contract Writing
- New Tech: AI and ChatGPT
- Contractor Selection Matrix
- Due Diligence
- Sourcing & Proposal Evaluation
- Negotiation Phase
- Basic Methods
- Classroom Session on the following: –
– Identifying elements of a Contract
based on case study basis
– Identifying contract type
– Wrap Up
Module 8 Establishing Good Contract
- Recap Session
- Common terminologies in a contract
- Case Study on samples of contracts
- Standard / Generic Terms/Specific terms
- Drafting Methodology
– Formation of Contract – Elements
– Terms of Contract
– Terms – Condition, Warranty, and Innominate terms
– Contract Cessation Phase
- Participants will be segregated into different groups and prepare a draft of a contract for a particular service.
- Group Presentation on the above
Module 9 Contractor / Vendor Relationship Management
- Monitoring performance
- Contract change controls
- Amendment of contract terms
- Performance reviews
- Consequence Management – How to manage non-compliance
- Classroom discussion on Compliance Inspection methodology
- Procurement audits
- Negotiated settlements
- Contracting problems and their solutions
- Ingredients for contracting success
- Lessons Learned & Mind Mapping
- Q&A
- Group Activity
- An Inspirational Closing