Cert IV in Procurement and Contracting – Contract Stream 3 (C000516) Final Activity 5 – Short Answer Questions Part 1

List the seven elements that must be legally present for a contract to exist:

In a Council approach to the market for goods and services, which party usually makes the offer?

Which party usually accepts the offer?

Your contract is coming to the end of the 2nd extension period and you have 1 possible extension left.
As the current provider has been under-performing and the contract has not been meeting the business needs you are considering in testing the market again.

– How could you check that the current market can meet your needs and provide a better outcome than the current provider whilst remaining impartial, open and transparent?

In legal terms, why is it so important to always issue a purchase order, official order, service order or work order (terminology varies from organisation to organisation) when ordering services from a standing offer (panel)?

What are the issues (bullet point only) that would be typically covered in a good Contract Management Plan? (Please note, if you are using an organisational template, you may have more or less points covered by your plan than the space allowed for writing in your answers).