Monthly Archives: June 2016

BREXIT – PROCUREMENT IMPLICATIONS

Monday, June 20th, 2016

BREXIT – PROCUREMENT IMPLICATIONS We are all sated with Brexit and Remain. The whole process hasn’t lacked media exposure. We haven’t seen anything aimed at the impact the final decision will have on procurement. Let us assume the verdict is to leave the EU. There is an argument that this will rid procurement of the […]

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Contract Law – Obiter Dicta

Monday, June 13th, 2016

Contract Law – Obiter Dicta What is said by a court, by way of statements of law which go beyond the requirements of the specific case and which lay down a rule that is irrelevant or unnecessary for the purpose in hand, are called obiter dicta. “Obiter dicta” literally translates as “things said by the […]

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Why Isn’t Fraud Found Earlier? – An Indictment!

Thursday, June 9th, 2016

WHY ISN’T FRAUD FOUND EARLIER? – AN INDICTMENT! We have, in the past, heard our clients say ‘It couldn’t happen here.’ This is a genuinely held belief when it comes to fraudulent practice. Our professional work requires continuing research into ‘goings on’ that impact on our work and our client’s corporate reputation. Events at the […]

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Letters of Intent: The Five Golden Rules

Wednesday, June 8th, 2016

LETTERS OF INTENT THE FIVE GOLDEN RULES There are 5 golden rules for Letters of Intent (LOI)! Only permit their use in exceptional circumstances Prescribe who has the authority and accountability to issue them Set a financial limit that must not be exceeded by the contractor Define what has been agreed (and not agreed) at […]

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Procurement Research – Supply Market Knowledge is an Asset

Friday, June 3rd, 2016

Procurement Research – Supply Market Knowledge is an Asset An investment, by large organisations, in procurement research is necessary as a competitive advantage. International competition has a significant impact on the ability to differentiate products and services from competing organisations. Procurement research requires a range of skills and this application that buyers do not have the […]

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Contract Dispute – Behind the Scenes

Tuesday, May 31st, 2016

Contract Dispute – Behind the Scenes Procurement specialists, almost inevitably, will get involved in contract disputes. They will expand considerable energy seeking to find a solution to the dispute. Being informed about the other sides position is a challenge. Research for a client, led us to a 2008 legal case Jacobs UK Ltd v Skidmore […]

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Liquidated Damages – It Could Sink You!

Thursday, May 26th, 2016

Liquidated Damages – It Could Sink You! We are regularly contracted to explain liquidated damages. It is a subject we research to make sure we are into the necessary detail. Our latest research has included a decision in 1904 (no it isn’t a misprint) in the United Kingdom House of Lords. The Clydebank Engineering & […]

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