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From time to time we require thrid party opinion regarding contractual issues. We are a multinational firm working on behalf of various clients. Sometimes private , sometime government.
In this first instance, a company we have worked with for over 12 years on an MOU basis hired a contracts manager who is overzealous and is trying to push comemrically unfavorable (if not laughable) terms and conditions as part of a follow on contract to existing work.
In short the 7 page terms and conditions to the Master Agreement creates a high risk and commerically untenable environment for our firm.
After reviewing the terms and conditions; for this first project, we require the following work product be generated:
1. A synopsis of the terms and conditions and thier implications to our firm
2. Terms that you find commercially unaccpetable / prejudicial to equitable commerical relationships
3. A rework of the document to exclude predudicial terms and reflect a more equitable commer...
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