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Operations Seminar | Contract Management | IIM Ahmedabad

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IIM Ahmedabad

Contract Management
Program Director: Prof. A. Pathak
January 22-26, 2007
Fees: Rs. 40,000 (US$ 1100 for participants from other countries)

Objectives: Most of the contracts have come to be on standard pre-given terms. Even when contracts are drafted afresh, the clauses on different aspects of the contract are standard, taken from different sources. The parties, invariably, only provide the specific details of the subject matter of the contract. Standardisation has become widespread as it hugely reduces transaction costs. In this context, towards successfully negotiating, stipulating and implementing contracts, managers need to be well versed with the foundation and significance of all aspects of contracts, they work with in contract documents.

For: The programme is intended for middle and senior level managers implementing contracts in the fields of, production, services, construction and fabrication, materials, marketing and import and exports. The programme is open for medium and large organizations.

Contents: The programme will cover the following themes: -

  • Formation of contract, including offer, acceptance and consideration

  • Standard bid documents and award of tenders

  • Condition, warranty, merchantability and quality of goods

  • Transportation, transfer of ownership of goods and risk

  • Modalities of payment- letter of credit and bank guarantee

  • Application of Impossibility of performance- ‘force majeure’ clause

  • Penalty and liquidated damages (LD)

  • Arbitration and dispute resolution

  • Significance and application of exemption clauses

  • Arbitration and dispute resolution

  • Contracts and taxation

  • International standardisation through INCOTERMS from the International Chamber of Commerce (ICC), and the United Nations Commission on International Trade Law UNCITRAL


    Mail your queries to
    Prof. A. Pathak : akhil@iimahd.ernet.in


    For further information, please contact: -
    Manager (MDA),
    Indian Institute of Management,
    Vastrapur, Ahmedabad - 380 015.
    Tel: 91-79-26324071-6 (MDP)
    Fax: 91-79-26300352 (MDP) / 26306896 (General)
    Email: mdp@iimahd.ernet.in
    Website: http://www.iimahd.ernet.in/
    Refer: CoolAvenues.com MDP Alert


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