Contracts and Contractual Problems

Evans, Nichola
February 2010
Credit Control;2010, Vol. 31 Issue 2, p8
Trade Publication
The article discusses the aspects of contracts and what contractual problems may arise during the re-negotiation between buyers and suppliers. It mentions that due to economic squeeze more businesses are looking for ways to save money which resulted of putting pressure on the suppliers. It also offers guidelines for suppliers when faced a situation where a company wants to re-negotiate the prices of commodities and what legal advice they can do.


Related Articles

  • Relational Contracts, Repeated Interaction and Contract Modification. Hviid, Morten // European Journal of Law & Economics;Mar1998, Vol. 5 Issue 2, p179 

    The paper uses the theory of repeated games to model relational contracts. It demonstrates that there are cases where it is better to leave a long term contract more incomplete than it needs to be in order to secure optimal renegotiation at every point. In this particular class of contract...

  • Toolkit tests buyer-supplier match. Ellinor, Rebecca // Supply Management;3/2/2006, Vol. 11 Issue 5, p8 

    The article reports on the development of "Building Collaboration - A toolkit based on experience," by management consultancy ITS and Defense Estates. The toolkit consists of a soft issues assessment and model to measure how suppliers and clients are collaborating after contracts have been...

  • Noncontractible Investments and Reference Points. Hart, Oliver // Games (20734336);Sep2013, Vol. 4 Issue 3, p437 

    We analyze noncontractible investments in a model with shading. A seller can make an investment that affects a buyer's value. The parties have outside options that depend on asset ownership. When shading is not possible and there is no contract renegotiation, an optimum can be achieved by giving...

  • Setting standards. DE SILVA, SAM // Supply Management;7/1/2011, Vol. 16 Issue 9, p16 

    The article explains the purpose of benchmarking in supply management. Benchmarking confirms that buyers are paying a fair price and are receiving reasonable service. It offers information on the tendency of suppliers to attempt to attack the benchmarking process itself. It also mentions that...

  • New deals for old. Tinham, Richard // Supply Management;10/28/2010, Vol. 15 Issue 21, p14 

    The article offers information related to novation. It states that a novation involves parties which enter a contract with another supplier. It says that a novation requires the consent of purchasers and they should not rush in giving it. It adds that an authority could use negotiated procedure...

  • Read the fine print. Wooten, Bob // American City & County Exclusive Insight;11/3/2015, p1 

    The article focuses on the several aspects of energy supply agreements. It discusses topics such as the total price that one pays once the bill arrives which might be impacted by his or her agreement terms, the negotiation between a buyer and a supplier, and the price of the commodity and the...

  • Seven Tips for Renegotiating with Vendors.  // San Diego Business Journal;11/23/2015, Vol. 36 Issue 47, p25 

    The article offers tips on how to renegotiate with vendors considering various aspects of establishing supplier-vendor relationship. Among the tips discussed include getting to know the suppliers including their processes, personnel, and performance, the significant of reassessing the supplies...

  • Do you trust your TPI? Guy, Noreen // Supply Management;11/29/2007, Vol. 12 Issue 24, p16 

    The author reflects on the important considerations that need to be addressed by suppliers when engaging with third party intermediaries (TPIs). She argues on the various challenges faced by suppliers with TPIs including poor contract management, dealing with unfavourable contracts and...

  • UK energy: October contracting rounds face an autumnal future.  // MarketWatch: Energy;Nov2005, Vol. 4 Issue 11, p8 

    The article focuses on energy buyers who are renewing earlier or moving to contracts with more flexible elements in Great Britain. Many buyers have arranged their contract renewal much earlier in the first quarter of 2005. Other buyers are moving onto their flexible contracting arrangements...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics