Financial Management for Contracts

HANDOUT “Calling Bank Guarantees” involves various methods such as negotiation, payment, offering collateral, or legal action to release a party from a guarantee before its expiry. This process, crucial in managing financial and legal risks, requires careful consideration and professional consultation to safeguard relationships and financial stability.  

HANDOUT “Financial Management for Contract Professionals” course emphasizes essential financial principles crucial for managing contracts effectively. Key concepts discussed include the time value of money, cash flow analysis, budgeting techniques, and financial forecasting. It also covers risk management strategies, compliance with financial regulations, and the importance of variance and performance analysis in ensuring successful contract…

HANDOUT Course “The End of a Bank Guarantee” discusses the conclusion of bank guarantees in various scenarios, emphasizing essential steps such as notifying beneficiaries, obtaining release documentation, and confirming with the bank. It also explores challenges like documentation issues, disputes over liabilities, and procedural hurdles, offering strategic solutions to effectively manage and conclude bank guarantees.