Contracts Explained! How to Read a Government Contract

Contracts Explained! How to Read a Government Contract

$845.00

Contracts Explained! How to Read a Government Contract

$845.00

Product Information

In a series of lessons, you will gain deep insight on how contracts, both government and commercial, are interpreted by boards and courts. The rules are not always the same for them! We will also spend some time discussing good contract drafting that will avoid interpretation disputes. This class teaches both legal theory (for the legally inclined) and practical application.  You will develop a deeper appreciation for the contract formatting and quality drafting that avoids disputes, ambiguities, and misunderstandings.

10 Basic Rules
Sept 10, 10:00-11:30am ET

Interpreting contracts has been a challenge for as long as contracts have existed. Courts and boards have structured many rules to guide contract interpretation, and sometimes provided conflicting guidance. Legislation governing contracts has also taken different approaches. It is important to know which set of standards will apply to your contract. This introductory class will review ten of the most common rules and provide a foundation for the more detailed discussions in the remaining classes.

Say What You Mean; Mean What You Say
Sept 17, 10:00-11:30am ET

Contracts typically use acronyms, technical jargon, special terms of art, and phrases that are defined by industry trade and practice. The use of FOB versus INCOTERMS is just one example. Each of these can cause confusion in the communication process that leads up to contract formation. In addition to providing practical guidance and suggestions to avoid performance problems and disputes, this session will cover the concepts of ordinary meaning, reasonable person test, parol evidence rule, and ejusdem generis.

What IS the Contract? Putting the Right Things in and Leaving the Wrong Things Out
Sept 24, 10:00-11:30am ET

As troubling as it sounds, the parties to a contract are sometimes not even in agreement on what makes up the contract components. Issues such as attachments or clauses incorporated by reference, failing to identify specific versions of standard clauses, guidance versus requirement documents, incorporating changes, keeping cost, schedule and technical requirements aligned, and reading a contract as a whole are concepts that will be covered in this session. To properly interpret a contract you must first know what it is.

Punctuate This!
Oct 1, 10:00-11:30am ET

Punctuation conveys important information to the reader. Miss-using or omitting those tiny dots and dashes can turn a contract into something one of the parties might have never intended. Courts and boards are often asked to review the rules of basic English to determine what the parties were thinking. Many basic, but important, conventions are applied to determine intent, even if that is not what you meant! Covered topics include order of precedence, express terms, course of performance, and course of dealing.

Word usage – misused words; grammar; references
Oct 8, 10:00-11:30am ET

Just as in school, spelling and grammar count when reading a contract and understanding its intent. There are many frequently misused words and phrases that tend to contribute more confusion than clarity. Have you ever heard someone refer to the “physical year” when the meant the “fiscal year”? Interpretation rules here include the rule of sameness and contra preferentem. Proper and consistent references are also discussed.  Creative writing is typically NOT a preferred approach in contract drafting.

How do You Know When it is Done?
Oct 15, 10:00-11:30am ET

Despite the existence of an Inspection and acceptance clause or clauses, many contracts are drafted with unclear descriptions of how they end. Improper inspections are one of the primary causes of constructive changes in contracts. Understanding principles of contract discharge, determining the intent of the parties at contract formation, and discussing types of conditions that can affect contract performance are included among the topics discussed.

Instructor: Tom Reid, Certified Contracting Solutions

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