Javelin has extensive experience negotiating and managing major contracts internationally and understands the implications due to culture, politics and remoteness as part of the contractual framework. 

 

Our services extend to defence projects, IT company product offerings, crypto mining, large research organisations and supply chain.

 

Javelin’s contract negotiations encompass tendering and upgrading large construction and defence programs, engaging major subcontract suppliers, and offering commercial products and services.

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Our services have extended to contract negotiations with entities in Sweden, China, the USA, Canada, France, Russia, Kazakhstan and Mexico.  We will adhere to your negotiation guidelines and processes as required.

 

Javelin has developed standardised contract template formats, and we have a deep understanding of the complex and exhausting process of negotiating a contract.

 

We are focusing on the following key aspects of independent project/program contract negotiations:

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Defining the Scope of Work: 

• Clearly outlining the specific tasks, activities, and deliverables expected from each party involved is crucial.

• This includes detailing the project's objectives, requirements, and expected outcomes.

Establishing Timelines and Milestones: 

• Setting realistic deadlines for distinct phases of the project is essential for managing progress and ensuring timely completion.

• This includes defining milestones and key performance indicators (KPIs) to track progress and identify potential delays.

Determining Payment Terms:

• Negotiating payment schedules, including milestones, payment amounts, and payment methods, is crucial for both the project initiator and the contractor. 

• Diverse types of payment structures, such as fixed price, cost-reimbursable, or time and materials, can be considered. 

Addressing Change Orders and Modifications: 

• Establishing a process for handling changes to the project scope, timeline, or budget is important.

• This includes defining procedures for submitting, reviewing, and approving change orders.

Including Necessary Legal Clauses: 

• Contracts should include clauses addressing intellectual property rights, confidentiality, termination clauses, dispute resolution mechanisms, and other legal considerations.

Ensuring Clear Communication and Collaboration: 

• Open and transparent communication channels are essential for successful project execution.

• Establishing a collaborative environment where all parties can address concerns and work together towards a common goal is crucial.

Choosing the Right Contract Type: 

• Different contract types, such as lump sum, cost-plus, time and materials, or alliance contracts, can be used depending on the project's complexity and risk profile.

• Understanding the implications of each contract type is crucial for making informed decisions.

Negotiating Responsibilities: 

• Clearly defining the roles and responsibilities of each party involved in the project is essential.

• This includes identifying who is responsible for managing specific tasks, making decisions, and resolving issues.

Addressing Risk Management: 

• Identifying potential risks and developing mitigation strategies is crucial for minimising potential disruptions and delays.

• This includes addressing risks related to scope changes, budget overruns, and unforeseen circumstances.

Finalising and Executing the Contract: 

• Once all terms are agreed upon, the contract should be finalised and signed by all relevant parties.

• Proper execution ensures that all parties are legally bound to the terms of the agreement.