Procurement Made Easy

Note: Links to our free templates are at the bottom of this long guide.
Also note: This is not legal advice

Introduction

The importance of procurement in any organization cannot be underestimated. It is the process of obtaining goods and services that are essential to the success of a business, and requires careful consideration to ensure that value and quality are maintained throughout. Here at Genie AI, we understand the need for such a process and want to help you with our free procurement template library.

For organizations, successful procurement will result in greater efficiency, competitive advantage and improved bottom lines - all absolute essentials when it comes to sustaining profitability. Moreover, understanding all applicable laws and regulations governing such activities ensures protection against potential legal risks while remaining compliant with any relevant legislation.

Furthermore, ethical standards must also be adhered to – making sure environmental sustainability, social responsibility and labor rights are assessed when selecting suppliers or negotiating contracts – as this will demonstrate commitment towards corporate social responsibility which can only build positive reputations within the marketplace.

Ultimately, efficient procurement is key for any organization looking to optimize returns on investments so it’s vital not just from an organizational perspective but also legally and ethically too. That’s why Genie AI has developed ‘the world’s largest open source legal template library’. Millions of data points have provided insight into what a market-standard procurement looks like; from this anyone can craft documents tailored around their own specific needs without needing the assistance of a lawyer or expensive professional fees.
What’s more, this guide does not require you to have an account with us so now you can access our exhaustive collections today; read on for step-by-step guidance on how this can work for your business’s benefit!

Definitions

Tendering: A process of offering to provide goods, services, or work at a set price, usually in a competitive bidding process.
Contracting: The process of negotiating and forming an agreement between two or more parties.
Public Procurement: The purchasing of goods and services by a government or public institution, typically with the aim of providing a benefit to the public.
Best Practices: A strategy, technique, or process that has been proven to be successful in achieving a specific goal.
Policies and Procedures: A set of rules, regulations, and guidelines that outline how an organization or individual should conduct themselves.
Requirements: A set of criteria that must be met in order for something to be considered acceptable.
Suppliers: An individual or organization that provides goods or services to another entity.
Shortlist: A selection of potential candidates or options from which the best one can be chosen.
Negotiating: The process of bargaining or discussing in order to reach an agreement.
Contracts: A legally binding agreement between two or more parties.
Stakeholders: An individual or group that has an interest in the success of a particular project or business.
Compliance: The act of following rules, regulations, or laws.

Contents

1. Understanding the Basics of Procurement
2. Researching applicable laws and regulations
3. Identifying best practices
4. Developing a Procurement Strategy
5. Analyzing current policies and procedures
6. Identifying potential opportunities for improvement
7. Drafting a plan for improvement
8. Determining Needs and Setting Requirements
9. Identifying and evaluating potential needs
10. Drafting requirements for suppliers
11. Finding and Evaluating Suppliers
12. Creating a list of potential suppliers
13. Contacting and evaluating each potential supplier
14. Developing a shortlist of preferred suppliers
15. Negotiating Terms and Prices
16. Understanding the market and current prices
17. Negotiating the best terms and prices
18. Drafting and Executing Contracts
19. Drafting contracts to specify terms and conditions
20. Negotiating contracts with selected suppliers
21. Executing contracts with suppliers
22. Managing the Procurement Process
23. Scheduling and monitoring the procurement process
24. Establishing and maintaining clear communication with all stakeholders
25. Ensuring Compliance with Regulations
26. Monitoring and ensuring compliance with applicable laws and regulations
27. Utilizing Technology to Streamline Processes
28. Identifying and implementing technology to streamline processes
29. Training staff in the use of new technology
30. Managing Supplier Relationships
31. Establishing and maintaining positive relationships with suppliers
32. Monitoring supplier performance and providing feedback

Get started

Understanding the Basics of Procurement

• Understand the purpose and objectives of the procurement process
• Learn the different types of procurement methods (open tender, request for quotation, etc.)
• Familiarize yourself with the key terms and definitions related to procurement
• Research the different roles and responsibilities of those involved in the procurement process
• Understand the process of preparing and evaluating bids
• Know when and how to use best value procurement
• Understand the importance of risk management in procurement
• Research the different types of procurement contracts
• Be aware of the legal and ethical considerations of the procurement process

Once you have completed this step, you should have a solid understanding of the basics of procurement and be ready to move on to the next step, which is researching applicable laws and regulations.

Researching applicable laws and regulations

• Identify applicable local, state and federal laws and regulations that may affect the procurement process
• Become familiar with the statutes and regulations that govern the procurement process
• Review the statutes and regulations that apply to the procurement process and determine whether they require certain steps to be taken
• Familiarize yourself with any relevant executive orders or directives that apply to the procurement process
• Determine whether any industry-specific laws or regulations apply to the procurement process
• When you have identified and reviewed all applicable laws and regulations, you can check this step off your list and move on to the next step.

Identifying best practices

• Investigate industry-wide best practices for procurement
• Read reviews and feedback from customers who have used certain vendors and products
• Research pricing and quality comparisons of different vendors
• Seek advice from colleagues or contacts in the industry
• When you have a clear understanding of the best practices, document them and move on to developing a procurement strategy.

Developing a Procurement Strategy

• Analyze current and emerging needs of the organization
• Examine the existing procurement policies, procedures and systems
• Determine the scope of the procurement strategy
• Identify any potential risks or opportunities
• Establish performance metrics
• Develop an action plan for implementing the strategy

You will know you can check this step off your list when your procurement strategy is developed and you can begin the process of implementing it.

Analyzing current policies and procedures

• Review existing policies and procedures for procurement, including any related legislation, regulations, and standards.
• Identify any inconsistencies with existing policies, procedures, and standards.
• Document any areas of improvement that may be identified when reviewing the existing policies, procedures, and standards.
• Gather feedback from stakeholders and employees on the current policies and procedures.
• Develop a plan to address any identified inconsistencies or areas of improvement.

You can check this off your list and move on to the next step once you have reviewed existing policies and procedures, identified any inconsistencies, documented areas of improvement, gathered feedback from stakeholders, and developed a plan to address any identified issues.

Identifying potential opportunities for improvement

• Research best practices in procurement to identify areas that could use improvement in your current policies and procedures
• Compare the current policies and procedures to the best practices to look for discrepancies
• Ask colleagues and stakeholders for input on what they think should be improved in terms of procurement
• Create a list of potential opportunities for improvement
• When you have a comprehensive list of potential opportunities for improvement, you can check this step off your list and move on to drafting a plan for improvement.

Drafting a plan for improvement

• Create a timeline for when key milestones should be completed
• Assign tasks to team members to ensure the plan is implemented effectively
• Include contingencies and alternative plans to address potential issues
• Identify the resources needed to execute the plan
• Define and document the metrics or benchmarks to measure the success of the plan
• Make sure the plan is approved by the appropriate stakeholders
• When all of the above have been completed, you can check off this step and move on to determining needs and setting requirements.

Determining Needs and Setting Requirements

• Identify the needs and objectives of the organization.
• Analyze the current procurement process and identify areas of improvement.
• Define clear and measurable requirements for the procurement process.
• Decide on the desired outcome of the improved process.
• Determine the budget allocated to the project.

When you have identified the needs and objectives of the organization, analyzed the current procurement process and identified areas of improvement, defined clear and measurable requirements for the procurement process, decided on the desired outcome of the improved process, and determined the budget allocated to the project, you can check this off your list and move on to the next step.

Identifying and evaluating potential needs

• Research potential needs and evaluate which needs are most important.
• Identify potential suppliers and determine how they could satisfy the identified needs.
• Compare the different suppliers and their capabilities.
• Develop a shortlist of potential suppliers.
• When you have a shortlist of potential suppliers, you can move on to drafting requirements for suppliers in the next step.

Drafting requirements for suppliers

• Determine the exact requirements needed from suppliers, including the type and quality of materials, delivery dates, and payment terms
• Create a detailed list of requirements and expectations
• Present the requirements to the supplier in a clear and concise manner
• Allow space for negotiation between the supplier and your organization
• Ensure that the requirements are in line with what your organization is capable of providing
• Make sure all requirements are well-documented and agreed upon by both parties
  Once these requirements have been established, you can move on to the next step of finding and evaluating suppliers.

Finding and Evaluating Suppliers

• Research potential suppliers by looking for referrals and online reviews
• Identify key criteria for evaluating suppliers (e.g. price, quality, delivery, customer service, etc.)
• Compare suppliers against your criteria, then narrow down your list
• Contact shortlisted suppliers and ask for quotes and references
• Narrow down your list to two to three suppliers
• Check references, then make a final decision on the supplier you will use
• When you have chosen a supplier, you can move on to the next step: Creating a list of potential suppliers

Creating a list of potential suppliers

• Gather all relevant information about the goods or services you need to purchase
• Research potential suppliers based on this information
• Create a list of potential suppliers that meet your needs and budget
• Identify potential suppliers that are capable of delivering goods and services within the required timeframe
• Check for any potential legal obligations or restrictions when dealing with potential suppliers
• When your list is complete, you can move on to the next step of contacting and evaluating each potential supplier.

Contacting and evaluating each potential supplier

• Reach out to potential suppliers via email, phone, or in-person meetings
• Ask the supplier to provide a list of references from past customers
• Inquire about product quality, pricing, delivery time, customer service, contract terms and payment options
• Compare their products and services with others to ensure you are getting the best value for your money
• When you have contacted and evaluated each potential supplier, you can check it off your list and move on to the next step.

Developing a shortlist of preferred suppliers

• Create a list of features and requirements that your suppliers must meet
• Research potential suppliers and contact them to discuss their capabilities
• Evaluate their offerings and compare them against your needs and requirements
• Create a shortlist of the preferred suppliers that meet your needs
• Contact each of the preferred suppliers to verify their offerings and pricing
• When you have completed this process and have your shortlist, you can move on to the next step: negotiating terms and prices.

Negotiating Terms and Prices

• Research competitors’ prices and terms
• Discuss pricing and terms with suppliers to find an agreement
• Come up with a final agreement that includes terms, conditions, and pricing
• Make sure agreement is in writing and is signed by both parties
• When the agreement is signed, you can move on to the next step.

Understanding the market and current prices

• Research current prices of the goods or services you are procuring, as well as the current market trends
• Compare prices of different vendors to get an idea of the market range
• Use online tools to track price changes over time, and to stay informed of new vendors
• Evaluate the quality of the goods or services to ensure they meet your needs
• Check customer reviews to gain insight into the vendor’s reliability and service
• When you have a good understanding of the market and current prices, you can move on to the next step.

Negotiating the best terms and prices

• Research any and all information related to the market and current prices.
• Gather up-to-date data and compare it to other sources.
• Reach out to vendors and suppliers to determine their prices, terms, and conditions.
• Negotiate terms and prices to get the best deal possible.
• Make sure to document all agreements and changes.
• Once you have the best prices and terms and they are documented, you can move on to the next step.

Drafting and Executing Contracts

• Review the negotiations and finalize the agreed-upon terms and conditions
• Make sure that the terms are clear and unambiguous, and that there are no gaps or contradictions in the contract
• Consult a lawyer to review the contract and provide necessary legal advice where needed
• Prepare the contract documents and collect necessary signatures
• Keep a copy of the contract in a safe place for future reference
• Monitor the performance of the contract and ensure that both parties are abiding by the terms
• When all tasks are completed, this step can be checked off and the next step can be started.

Drafting contracts to specify terms and conditions

• Research and review the applicable laws and regulations relevant to the agreement
• Make sure the contract includes all the details regarding the goods, services, and associated terms and conditions
• Draft the contract using the necessary language to ensure the legality and enforceability of the agreement
• Make sure the contract is clear and specific about each party’s obligations and responsibilities
• Include the necessary clauses in the contract, such as termination, confidentiality, and intellectual property
• Obtain the necessary signatures from both parties to make the contract valid
• Once the contract is signed, make sure to keep a copy for yourself and all other relevant parties
• You will know when this step is complete once the contract is signed by both parties.

Negotiating contracts with selected suppliers

• Reach out to the suppliers to negotiate the terms of the contract
• Discuss the cost, timeline, and any other conditions that may be applicable
• Obtain written confirmation from the supplier that they understand and agree to the terms of the contract
• Review the agreement and make sure all the details are correct and accurate
• Once the negotiations are complete and both parties agree to the terms, the contract is ready to be executed
• You will know you have completed this step when you have received a written confirmation from the supplier that they agree to the negotiated terms.

Executing contracts with suppliers

• Ensure that all contracts have been signed by both parties according to the agreed upon terms and conditions.
• Create a folder for each contract, including all attachments and signed documents for easy reference.
• Set up a system for tracking delivery dates and payments or utilize an online tracking system.
• Monitor supplier performance and address any issues or discrepancies that arise.
• Ensure that all contracts are archived appropriately for future reference.

You’ll know that you can check this step off your list and move on to the next step when all contracts have been signed and archived appropriately.

Managing the Procurement Process

• Establish a process for managing the procurement process in an efficient, organized manner
• Ensure visibility of the procurement process by creating a checklist of goals and tasks to be completed in a timely fashion
• Monitor the progress of the procurement process and make necessary adjustments to ensure it is on the right track
• Identify any potential issues with the procurement process and take corrective action to resolve them
• Maintain communication with suppliers to ensure that their requirements are being met
• Once all tasks have been completed and the procurement process has been managed successfully, move on to the next step.

Scheduling and monitoring the procurement process

• Set up calendar for procurement process, including due dates for key activities such as selection of suppliers, bid documents, and review of bids
• Monitor progress to ensure that all activities are completed on schedule
• Monitor changes in procurement, such as changes in requirements, and ensure that these changes are communicated to all parties involved
• Ensure all procurement documents are in order and up-to-date
• Track deadlines for all relevant activities and ensure that they are met
• When all activities are completed on schedule and all documents are in order, you can check this off your list and move on to the next step.

Establishing and maintaining clear communication with all stakeholders

• Establish clear communication channels with all stakeholders, such as email, video calls, or meetings
• Make sure that everyone involved in the procurement process is aware of their roles and responsibilities
• Regularly monitor communication between stakeholders to ensure that everyone is on the same page and that any potential issues are addressed quickly
• Encourage open dialogue between stakeholders to ensure that any questions, concerns, or feedback are addressed promptly
• Make sure that all stakeholders are adequately informed about the progress of the procurement process
• Create a feedback loop to ensure that all stakeholders are kept up to date with any changes or developments
• When communication is clear and consistent between all stakeholders, you can check off this step and move on to the next step.

Ensuring Compliance with Regulations

• Identify and review existing and applicable procurement laws and regulations
• Discuss the legal and ethical implications of procurement with stakeholders
• Develop standard operating procedures to ensure compliance with regulations
• Monitor and evaluate the procurement process to ensure compliance with regulations
• Establish and enforce sanctions for any violations of regulations
• Establish an audit and review process to ensure compliance with regulations
• Update and revise regulations as needed

Once all of the above actions have been completed, you can move on to the next step of monitoring and ensuring compliance with applicable laws and regulations.

Monitoring and ensuring compliance with applicable laws and regulations

• Establish and maintain records of all procurement activities.
• Monitor changes in applicable laws and regulations and assess any impacts on the procurement process.
• Ensure that procurement contracts comply with all applicable laws and regulations.
• Monitor vendors to ensure compliance with contractual obligations.
• Establish a process for reporting any non-compliance issues.
• Establish internal controls to ensure compliance with applicable laws and regulations.

Once you have established and maintained records of all procurement activities, monitored changes in applicable laws and regulations, ensured that procurement contracts comply with all applicable laws and regulations, monitored vendors to ensure compliance with contractual obligations, established a process for reporting any non-compliance issues, and established internal controls to ensure compliance with applicable laws and regulations, you have successfully completed this step and can move on to the next step.

Utilizing Technology to Streamline Processes

• Research and assess technology that can be used to streamline procurement processes
• Identify technology that will best suit the business and the procurement process
• Evaluate the costs and benefits of implementing the technology
• Implement the technology, ensuring it is user friendly and efficient
• Monitor the use of the technology and ensure it is used as intended

You can check off this step and move on to the next when you have identified and implemented the technology to streamline processes.

Identifying and implementing technology to streamline processes

• Research technology solutions that will help streamline processes
• Make sure the solutions are cost effective and meet the needs of the business
• Compare the features and benefits of the available technology solutions
• Select the best solution to meet the needs of the business
• Set up the technology solution and ensure it is working properly
• Test the technology solution to ensure it works efficiently
• Train staff in the use of the new technology
• Monitor the use of the technology and ensure it is running smoothly

You’ll know you can check this off your list when the technology is properly set up, tested, and staff have been properly trained in its use.

Training staff in the use of new technology

• Make sure that supplies, resources, and personnel have been allocated to the training process
• Establish a training schedule and plan that is tailored to the needs of the staff
• Identify a training delivery method that is suitable for the staff such as in-person, online, or a hybrid model
• Develop a training curriculum that is focused on the technology being implemented
• Determine how to measure the effectiveness of the training program
• Track the completion of training for all staff
• Provide ongoing support for staff during and after the training period
• Assess the training program to determine if further improvements can be made

How you’ll know when you can check this off your list and move on to the next step:

• You will know this step is complete when all staff have received the necessary training, and there is a measurable improvement in the use of the new technology.

Managing Supplier Relationships

• Develop a process for evaluating and selecting suppliers, including how to issue a request for proposal (RFP)
• Set up regular meetings with suppliers to discuss goals, performance, and feedback
• Ensure that communication with suppliers is clear, timely, and respectful
• Create a process for resolving any disputes with suppliers
• Put in place a system for monitoring supplier performance and compliance
• When you have a clear process for managing supplier relationships and have communicated expectations to suppliers, you will have completed this step.

Establishing and maintaining positive relationships with suppliers

• Develop a clear set of requirements for suppliers and communicate expectations clearly
• Establish a system for supplier management and document all interactions
• Utilize effective communication methods to build strong relationships with suppliers
• Listen to and address any concerns suppliers may have
• Create an open and honest dialogue with suppliers
• Track supplier performance and provide feedback to ensure expectations are met
• Reward suppliers in accordance with performance
• Monitor suppliers’ performance and take corrective action when needed

You’ll know you are done this step when you have established a system for supplier management, developed a clear set of requirements and expectations, and are able to effectively communicate with suppliers. This should ensure positive relationships and successful supplier performance.

Monitoring supplier performance and providing feedback

• Track supplier performance against agreed metrics and service level agreements
• Document and communicate performance results to suppliers on a regular basis
• Invite feedback from suppliers and work with them to identify areas for improvement
• Act on any changes or improvements that need to be made
• Ensure suppliers understand what is expected of them and are held accountable for results
• When possible, recognize and reward suppliers for delivering excellent performance

You can check this off your list when you have established a process for tracking and documenting supplier performance, communicated results and provided feedback to suppliers, and taken action on any changes or improvements that need to be made.

FAQ

Q: What is a deposition?

Asked by Tom on March 3, 2022.
A: A deposition is an oral or written statement made by a witness or party in a legal proceeding. It is taken under oath and is usually taken outside of the courtroom in the presence of a court reporter. The statement is then used as evidence in the trial.

Q: What should I consider when preparing for a deposition?

Asked by Kimberly on April 13, 2022.
A: When preparing for a deposition, there are several things to consider. You should review any relevant documents, ensure you are familiar with the facts of the case, and plan for potential questions you may be asked. Additionally, you should review any evidence or witnesses that will be present during the deposition, as well as any potential objections that may arise during questioning. Finally, it’s important to research the applicable laws and rules that may be relevant to the case.

Q: What happens if I don’t answer a question during a deposition?

Asked by Ryan on May 7, 2022.
A: During a deposition, you are required to answer any questions you are asked truthfully and to the best of your knowledge. If you do not answer a question, the court reporter will note this in the record, and your refusal may be used against you in court. Additionally, depending on the jurisdiction and circumstances of the case, you may face penalties for refusing to answer questions during a deposition.

Q: What is an attorney-client privilege?

Asked by Bethany on June 17, 2022.
A: An attorney-client privilege is a legal concept that prevents certain communications between lawyers and their clients from being revealed in court or other legal proceedings. This privilege exists to protect confidential communications between attorneys and their clients and ensure that clients feel comfortable discussing private matters with their lawyers without fear of those conversations being revealed in court.

Q: Do I need an attorney if I’m giving a deposition?

Asked by Thomas on July 27, 2022.
A: Generally speaking, it’s not necessary to have an attorney present when giving a deposition. However, it’s important to note that having an attorney present can be beneficial in certain cases where you feel uncomfortable answering certain questions or believe your answers may be misconstrued or misinterpreted during questioning. Additionally, if you are being deposed as part of an ongoing lawsuit or criminal proceeding, it’s important to consult with an attorney before giving any type of statement or testimony in order to ensure your rights are protected throughout the process.

Q: What types of questions can I expect during a deposition?

Asked by Samantha on August 8, 2022.
A: During a deposition, you can expect to be asked various types of questions depending on the specific circumstances of the case. Generally speaking, questions will focus on factual matters related to the case such as dates, locations, people involved in the matter, etc., as well as any potential actions taken by parties involved in the dispute. Additionally, parties can also ask more general questions related to your knowledge of certain facts or events in order to establish context for their case.

Q: How can I best prepare for my own deposition?

Asked by Michael on September 12, 2022.
A: Preparing for your own deposition is critical if you want to ensure your testimony is accurate and effective during questioning. First and foremost, it’s important to review all relevant documents related to the case prior to your testimony so that you can provide detailed answers when asked about certain facts or events related to it. Additionally, it’s helpful to practice answering potential questions ahead of time so that you can become familiar with how best to articulate your responses without feeling overwhelmed or unprepared during questioning. Finally, it’s important to consult with an experienced attorney prior to giving any type of statement or testimony so that your rights are protected throughout the process.

Q: Are there any special rules I should know about when giving a deposition?

Asked by Joshua on October 21, 2022.
A: Yes, there are certain rules that should be followed when giving a deposition in order to ensure accuracy and protect both parties involved in the legal proceeding from making inaccurate statements or providing false information during questioning. These rules include adhering strictly to truth-telling (i.e., no false statements), answering all questions truthfully and completely (even if they may incriminate yourself), refraining from making assumptions about facts not within your knowledge base (i.e., guessing), refraining from answering hypothetical questions (unless specifically instructed otherwise), and refraining from engaging in argumentative dialogue with opposing counsel during questioning (unless absolutely necessary).

Q: What should I do if I don’t understand a question during my deposition?

Asked by Jennifer on November 30th 2022
A: If you don’t understand a question during your deposition it’s important that you ask for clarification before responding so that you can accurately answer it without providing false information or making assumptions about what is being asked. Additionally, if you feel like any particular questions are too ambiguous or leading in nature it’s important that you alert opposing counsel and/or the court reporter so that they can note this in the record before proceeding with questioning.

Q: How long does a typical deposition last?

Asked by Jessica on December 10th 2022
A: The length of time required for a typical deposition varies greatly depending on several factors including but not limited to; complexity of the case at hand; number/nature of witnesses being examined; availability of records/documents; geographic locations; etc… Generally speaking however most depositions last anywhere between 1-3 hours depending on these factors mentioned above as well as how detailed/thorough both parties choose to be when conducting questioning/answering statements made by witnesses/parties involved in proceedings.

### Q: Is there anything I should avoid saying during my deposition?

Asked by Jason on January 19th 2023
A: Yes there are certain things one should avoid saying during their deposition in order to protect themselves from making inaccurate statements or providing false information during questioning which could potentially be used against them later on down the line if necessary (in court). These include avoiding speculation about unknown facts/circumstances; refraining from arguing with opposing counsel; avoiding accusations/accusatory statements towards others involved; avoiding making statements which could incriminate oneself; etc… It’s also important not to provide more information than necessary when answering questions which could potentially lead opposing counsel down paths they weren’t expecting which could ultimately work against one’s best interests down the line if necessary (in court).

### Q: Are there any special laws/rules regarding depositions which vary across jurisdictions (i.e., UK vs USA vs EU)?  

Asked by Jacob on February 26th 2023
A: Yes there are certain laws/rules which vary across different jurisdictions regarding depositions due largely in part due to variations in local civil procedure rules which govern how legal proceedings take place within each respective jurisdiction (i…e UK vs USA vs EU). For example; some jurisdictions may have stricter rules regarding who can give/take depositions while others may have more lenient rules regarding same; some jurisdictions may require different forms/documentation prior to taking depositions while others may not; some jurisdictions may allow recording devices while others do not; etc… It’s important to consult with an experienced attorney familiar with laws/rules regarding depositions within one’s respective jurisdiction prior engaging in same so that one’s rights are protected throughout the process which ultimately makes proceedings run more smoothly overall regardless of geography/jurisdiction involved

Example dispute

Suing for Breach of Contract in Procurement

• A plaintiff may raise a lawsuit against a company for breach of contract in a procurement transaction if the company fails to meet the requirements of an agreement.
• This may include failing to provide the necessary goods or services, not meeting the agreed-upon delivery date, or not providing the goods or services at the agreed upon price.
• The plaintiff may be entitled to damages, which could be calculated based on the difference between the actual cost of the goods or services, and the agreed upon price.
• In some cases, the plaintiff may also be able to seek an injunction, which would require the company to fulfil its contractual obligations.
• The plaintiff may also be able to seek punitive damages, which are designed to punish the company for its breach of contract.
• In order to win the case, the plaintiff will need to prove that the breach of contract has caused them financial harm, and that the defendant failed to fulfil their contractual obligations.

Templates available (free to use)

Accompanying Drafting Note On Procurement Correspondence
Confirmation Of Interest Letter For Public Authority Procurement Procedure
Contract Extension Letter Public Procurement Regime
Descriptive Document For Procurement Project
Invitation To Participate In Public Authority Procurement Competitive Dialogue Procedure
Invitation To Supplier For Final Tender For Procurement After Negotiation
Letter And Debrief To Unsuccessful Supplier Notify Result Of Procurement
Letter To Notify Unsuccessful Supplier Result Of Procurement Pqq Stage
Letter To Tenderer After Challenging Procurement Suggesting A Meeting Without Prejudice
Master Procurement Agreement
No Basis For Public Procurement Complaint Confirmation Letter Of Review
Notification Letter To Successful Tenderer For The Results Of Procurement Private Sector
Playbook Template Services Contract Procurement Side
Procurement Contract
Procurement Manager Contract
Procurement Of Services Request For Information
Public Procurement Process Complaint Received Confirmation Letter
Questions For Public Authorities To Ask Suppliers During Public Procurement Market Consultation
Service Award Framework Agreement Following Public Sector Procurement Exercise
Standard Public Procurement Notice To The Official Journal Notifying A Tender
Tender Invitation For Procurement Of Services

‍