Cert IV in Procurement and Contracting – Contract Stream – Final Activity 3 – Questions Part 1

You should obtain legal advice if you are thinking about terminating a contract for any reason at all.

It is good practice to make sure that all contract variations are in writing and signed by both parties.

Actions and words can form legally binding contractual arrangements.

At the end of a contract, all you need to do is make the final payment to the contractor.

If you run out of time to run a tender process to replace a contract that has expired, it is OK to just renew the contract for a couple of years by giving it to the current contractor.

Ensuring risk processes are incorporated into all event planning is an important component of monitoring, reviewing and providing input into organisational risk management processes.

Select all the obligations of the Contract Manager at the closure of a successful contract.

Which of these “generic” performance indicators could be used for any goods delivery contract to determine whether the provider is performing satisfactorily?

List the correct element that must be legally present for a contract to exist against each statement: