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How To Ensure The Right Contract Is In Place

The contract planning and management process that takes place before a contract is awarded is critical. Ultimately, the success of the contract's lifecycle is contingent upon common understanding and agreements made during negotiation and the language that makes its way into the document. A failure to understand the language and the stipulations placed in the contract — which can happen if proper steps and precautions aren't taken during its construction — can result in several problems during the life of the agreement. If you set unrealistic expectations in the contract or are uncomfortable with some of the language, you are operating under the "wrong contract." To ensure the right contract


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