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Contracts and Their Management

Contracts and Their Management

  • ₹750.00

Out of Stock
  • Author(s): B.S. Ramaswamy
  • Brand: LexisNexis
  • Edition: 5 Ed 2016
  • ISBN 13 9789351438731
  • Approx. Pages 691 + contents
  • Format Paperback
  • Delivery Time Normally 7-9 working days

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Description
Contracts and their Management focuses on the underlying concepts and principles behind various clauses in a contract, supporting them with case law to explain the practical side of the subject. The book serves as a handbook of reference to those engaged in contract negotiations, contract management, procurement and implementation of projects in public and private sectors.
The present edition examines the changes introduced by the Arbitration and Conciliation (Amendment) Act 2015 in the context of contracts and their administration. It covers all significant decisions of the Supreme Court. The appendices to the book contain specimen clauses in a contract; rules relating to public procurement, national and international competitive bidding; updated Central Vigilance Commission guidelines on tender procedure; common flaws in contracts; and salient features of the World Bank procedures for procurement of goods, works and non-consulting services and for appointment of consultants. The book will not only serve as a handy reference to experts dealing in contractual relations but also introduce to beginners the generally accepted principles and key elements in a contract. This book will be an invaluable reference for lawyers, senior executives and managers in engineering, procurement and finance.
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Contents
Chapter 1.    Contracts - general principles
Chapter 2.    Negotiating Skills and Techniques
Chapter 3.    Structure of a contract
Chapter 4.    Preamble
Chapter 5.    Interpretation and definitions
Chapter 6.    Scope and technical specifications,
Chapter 7.    Price
Chapter 8.    Terms of payment
Chapter 9.    Price variation
Chapter 10.  Bank Guarantees
Chapter 11.  Letters of credit
Chapter 12.  Taxes and duties
Chapter 13.  Scheduled delivery date
Chapter 14.  Force majeure
Chapter 15.  Defaults, liquidated damages and penalties
Chapter 16.  Export licence
Chapter 17.  Inspection and acceptance
Chapter 18.  Shipment
Chapter 19.  Passing of title and risk
Chapter 20.  Guarantees/Warranty
Chapter 21.  Patents and copyrights
Chapter 22.  Indemnities
Chapter 23.  Spares and spares policy
Chapter 24.  Options
Chapter 25.  Resolution of disputes
Chapter 26.  International Arbitratiion and Foreign Awards
Chapter 27.  Termination
Chapter 28.  Assignment
Chapter 29.  Amendments
Chapter 30.  Confidentiality
Chapter 31.  Notices
Chapter 32.  Governing laws
Chapter 33.  Survival
Chapter 34.  Effective date
Chapter 35.  Effective Contract management
    Appendix I - Specimen clauses in a contract
    Appendix II - Public Procurement, National and International Competitive Bidding
    Appendix III - Tendering procedure
    Appendix IV - Guidelines issued by the central vigilance commission (cvc),
    Government of India
    Appendix V - Salient features of World Bank procurement procedures
    Appendix VI - Salient features of World Bank procedures for selection and
    employment of consultants
Index
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Author Details
B.S. Ramaswamy
, a Fellow of the Institute of Cost and Works Accountants of India, has been a senior officer of the Indian Audit and Accounts Service. He has served as Joint Secretary and Additional Secretary to the Government of India as well as held responsible positions in the Public Sector. During his service, he negotiated and handled a large number of contracts and, thereafter, he completed a major assignment on financial management and delegation of powers for one of the largest research organisations in the country. He has written a book titled Accounts of Central Autonomous Organisations and Universities. He has converted the accounts from cash accounting to accrual system of accounting in seven central universities, the Indian Institute of Technology, Delhi, and in an autonomous training organisation. He has also helped over 20 central universities in the conversion of their accounts to the accrual system. He lectures regularly on basic accounting precepts, costing concepts, project management, and contracts and their management in various professional institutes, research organisations and universities. He has trained over 4,000 executives in these subjects.
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