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Maximizing Benefits Through Effective Contract Management
Published about 2 months ago • 2 min read
Contracting is a process where two parties enter into a legal agreement, where needs are defined and commitments and capabilities are aligned to meet those needs. It involves a legally binding document that clearly sets the expectations, rights and obligations, terms and conditions, rules for ensuring compliance and a process to manage any adjustments or provide resolution. Undertaking the contracting process involves going through several stages beginning from the initial invitation by one...
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