Advanced Contracts, Tendering and Public Procurement

About the course:Contracts have become indispensable to every realm of the lives of the individuals and corporations alike. The Course will aid in understanding the basics and general principles of contract law in India. It will also aid in understanding the application of general principles of contracts in specific circumstance which are the footholds for business associations and commercial transactions. The law of special contracts plays an important role in commercial transactions, particularly with the advent of the modern enterprises which, by a legal fiction, are considered to have personality and may enter into transactions in their own right., Much of the day to day commercial transactions can facilitated by intermediaries acting within the scope of the authority that has been conferred on them whether expressly or by implication. Special contracts are widely used in the commercial world. Government Contracts is a separate field of contract law as the government is accorded a special protection the grounds of “public interest” and “public finance”. In the modern era, government contracts have assumed a great significance. Today a large number of individuals and business organizations enjoy largess in the form of government contracts, licenses, quotas, mineral rights, jobs etc. The Learners of the course will be able to understand and appreciate the basic principle of contract law, law relating to special contracts and the law relating to public procurement and tendering.INTENDED AUDIENCE:Students, Government Officers, Administrators, Business Professionals and others.PRE-REQUISITES:Basic Understanding of Contracts in general and Law and legal SystemINDUSTRY SUPPORT:Drafting and negotiation of contract and understanding of contractual clauses and their implications are essential components of every industry, trade and business activity. Therefore, the course will be relevant for every Industry and Business professional and students of law and allied fields who want to work in the business sector. Besides and understanding of public procurement, tendering and the essentials of government contracts is relevant for all stakeholders in the Government sector and Central /State Civil Servants.