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Search results “Contracts and purchase orders”
Purchasing Contracts 101
 
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Purchasing Contracts module in Infor EAM allows you to track supplier contracts for parts and automatically apply negotiated pricing to POs, including discounts on whole orders and individual parts when minimum order dollar amount or minimum part quantity is met. The seminar will cover: • Creating a new purchasing contract • Adding parts to a contract • Adding discounts to a contract • Approving contracts • Demo of contract pricing application in purchasing process
Views: 1034 Advoco Inc.
bcFood ERP Unlocked 1 - Supplier Management, Contracts, and Purchase Orders
 
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Scenario: A new vendor called Evolution Salt will be set up to purchase salt. After Evolution Salt goes through the approval process, a purchase contract will be created. A purchase order will then be generated from the contract and released to the warehouse. This session will include the following topics: •RoleTailored Client and Cues •Setting Up Vendors •Document and Certification Tracking •Workflow and Approvals •Country of Origin Restrictions •Notifications •Order Addresses •Setting Up a Purchase Contract •Creating a Purchase Order from the Contract •Document Management
Views: 20 bcFood
B2B Supply Agreements Kan Ban and Blanket Orders
 
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http://www.driveyoursuccess.com This video explains pros and cons of running Kan-Ban and Blanket Order contracts in B2B industries
Views: 2562 Ian Johnson
China Supplier Contracts & Negotiations: PO vs Contract vs NDA/NC
 
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Purchase orders vs contracts: Using contracts to protect yourself. Learn about contracts/service agreements/POs and how to draw them up to help protect your interests when dealing with suppliers in China. Visit our website @ http://www.psschina.com/ for more info on what PassageMaker does and gain access to loads of complimentary resources!
Views: 604 PassageMaker China
Incoterms: Purchase orders and export sales contracts
 
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Scarbrough explains how each incoterm relates to purchase orders and export sales contracts in regards to international shipping. www.scarbrough-intl.com
What is CONTRACT MANAGEMENT? What does CONTRACT MANAGEMENT mean?
 
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✪✪✪✪✪ WORK FROM HOME! Looking for WORKERS for simple Internet data entry JOBS. $15-20 per hour. SIGN UP here - http://jobs.theaudiopedia.com ✪✪✪✪✪ What is CONTRACT MANAGEMENT? What does CONTRACT MANAGEMENT mean? CONTRACT MANAGEMENT definition - CONTRACT MANAGEMENT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees. The personnel involved in contract administration required to negotiate, support and manage effective contracts are often expensive to train and retain. Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions, as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution. It can be summarized as the process of systematically and efficiently managing contract creation, execution, and analysis for the purpose of maximizing financial and operational performance and minimizing risk. Common commercial contracts include employment letters, sales invoices, purchase orders, and utility contracts. Complex contracts are often necessary for construction projects, goods or services that are highly regulated, goods or services with detailed technical specifications, intellectual property (IP) agreements, outsourcing and international trade. Most larger contracts require the effective use of contract management software to aid administration among multiple parties. A study has found that for "42% of enterprises...the top driver for improvements in the management of contracts is the pressure to better assess and mitigate risks" and additionally,"nearly 65% of enterprises report that contract lifecycle management (CLM) has improved exposure to financial and legal risk." During the post-award phase, it is important to ensure that contract conditions and terms are met, but it is also critical to take a closer look for items such as unrecorded liabilities, under-reported revenue or overpayments. If these items are overlooked, margin may be negatively impacted. A contract compliance audit will often commence with an opportunity review to identify the highest risk areas. Having a dedicated contract compliance (and/or governance) program in place has been shown to result in a typical recovery of 2-4% and sometimes as high as 20%. Current thinking about contract management in complex relationships is shifting from a compliance “management” to a “governance” perspective, with the focus on creating a governance structure in which the parties have a vested interest in managing what are often highly complex contractual arrangements in a more collaborative, aligned, ?exible, and credible way. In 1979, Nobel laureate Oliver Williamson wrote that the governance structure is the “framework within which the integrity of a transaction is decided.” He further added that “because contracts are varied and complex, governance structures vary with the nature of the transaction.” (See also relational contract). Eriksson and Westerberg (2011); Li, Arditi, and Wang (2012); Chen and Manley (2014), and Cardenas, Voordijk, and Dewulf (2017) have hypothesized, developed and extensively tested conceptual models in which relevant project governance instruments and factors were identified and related to the performance of construction projects. A collaborative governance framework has four components: A relationship management structure (how the parties work together to make both day to day operational decisions as well as strategic decisions) A joint performance and transformation management process designed to track the overall performance of the partnership An exit management plan as a controlling mechanism to encourage the organizations to make ethical, proactive changes for the mutual benefit of all the parties. Compliance to special concerns and regulations, which include the more traditional components of contract compliance.
Views: 20318 The Audiopedia
Contracts for the International Sales of Goods
 
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By: Lea Ko, Alexandra Ford, and Nathan Gravlee Summary: The United Nations convention on contracts for the international sale of goods functions as an international article 2. Based on common and civil law, CISG applies only to signatory nations. In this presentation we will discuss the scope of the convention itself, when it applies by default, how to opt out as a matter of contract and what substantive law applies if there's a gap.
Views: 22824 WFULawSchool
Automate Document Workflow with Google Docs, Gmail, Google Forms,  and Sheets
 
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Create professional looking and sophisticated documents including personalized business letters, student test results, customer invoices, event tickets, vendor contracts, purchase orders, and more with Document Studio. This video explains how to use Google Forms as an order form and generate a PDF invoice that is sent to the customer via Mail Merge. The documents and email messages can include QR Codes, Google Maps images, PayPal payment links in your invoices, Download Document Studio: https://documentstudio.pro Document Studio Tutorials: https://digitalinspiration.com/docs/GA16 ARRAYFORMULA Tutorial: https://www.labnol.org/?p=29711 Privacy Policy: https://digitalinspiration.com/privacy Support: https://digitalinspiration.com/support Twitter: http://twitter.com/labnol Facebook: http://facebook.com/digital.inspiration
Views: 78138 Amit Agarwal
CONTRACTORS:  How to Locate a Purchase Order (PO)
 
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This webcast - How to Locate a PO is for vendors who have been awarded a contract and have the Seller role in COMMBUYS, the electronic market center for the Commonwealth of Massachusetts’ Executive branch goods and services procurements. The presentation focuses on acknowledging and accessing Purchase Orders. It highlights the difference between the initial PO regarding the Statewide Contract award and an actual order off the contract. RELATED JOB AIDS How to Access and Acknowledge Purchase Orders in COMMBUYS How to Locate and Respond to Change Orders in COMMBUYS LINKS COMMBUYS: http://www.mass.gov/osd/commbuys Vendor training: This webcast - How to Locate a PO is for vendors who have been awarded a contract and has the Seller role in COMMBUYS, the electronic market center for the Commonwealth of Massachusetts’ Executive branch goods and services procurements. The presentation focuses on acknowledging and accessing Purchase Orders, as well as highlights the difference between the initial PO regarding the Statewide Contract award and an actual order off the contract. RELATED JOB AIDS How to Access and Acknowledge Purchase Orders in COMMBUYS How to Locate and Respond to Change Orders in COMMBUYS http://www.mass.gov/anf/budget-taxes-and-procurement/procurement-info-and-res/conduct-a-procurement/commbuys/job-aids-for-vendors.html LINKS: COMMBUYS: http://www.mass.gov/osd/commbuys Vendor Training: http://www.mass.gov/anf/budget-taxes-and-procurement/procurement-info-and-res/training/training-courses.html#Vendor
Trucking fleet owner explain how to get contracts!!
 
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Order your copy of my book here: https://goo.gl/aHUvRq E-file your 2290 HVUT instantly here: https://www.expresstrucktax.com/goldenchild Apply for your American Express Business Credit Card here: http://refer.amex.us/MELVIP1TdF?XLINK=MYCP Get your free share of a stock here Online Trading through Robinhood Online trading APP: http://share.robinhood.com/melvinp23 Order Stop acting rich here: https://goo.gl/hy4iih Order The Richest Man in Babylon here: https://goo.gl/tMV7qN Order Rich Dad Poor Dad here: https://goo.gl/DKJCZS Order the Cashflow Quadrant here: https://goo.gl/2L1Z7p Order Sam Walton book made in America here: https://goo.gl/by4weg For Business Inquires: [email protected] Many truckers make the mistake by doing something because it is working for one person. Remember to watch as many videos as possible to see if it is a right fit for you. As an owner operator it is difficult to manage fluctuating cashflow issues when you have to wait to get paid from your accounts receivable. Personally, I recommend that you use credit responsible and don't bite off more than you can chew. It is highly encouraged that you are debt free personally and use cash as a preferred method to handle transactions. However, you can grow your business exponentially if you utilize other people's money. Remember that you are running your business and it requires different strategies for different folks. I recommend checking out NASTC fuel cards and comdata fuel cards. Some of the drawbacks of using fuel cards is that you have to pay the balance off within a week. This can be a problem because you might have to wait until you get paid and that can be weeks or several days. Golden Child recommends that you apply for a business credit card and ask for credit increases every 3-6 months. Using credit cards wisely can be a helpful tool to grow your business. Many truckers go out of business by not having enough working capital to sustain. Remember to like, share, and subscribe if you like and/or enjoy my videos on trucking, business, life, and money. I hope you enjoy the show. In this video Melvin Peterson aka "The Golden Child" interviews a trucking fleet owner Vic. This trucker, owner operator, and fleet owner reveal how you can get direct contracts. He currently have multiple contracts with different vendors. Please watch and take notes if you have any interest in building a trucking fleet. Don't forget to check out the links and order a copy of my book entitled "How to Obtain Wealth in 30 days!". You can order it by clicking on the link in the description section or directly from Amazon. I hope you enjoy the show.
Views: 80304 Golden Child
Car leasing (Personal Contract Hire PCH) - what you need to know | Top 10s
 
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Leasing - also known as Personal Contract Hire, or PCH - is the ideal way for some drivers to get their hands on a brand new car. To help you understand the ins-and-outs of the process, and how it could work for you, I talk through the top 10 things you need to know about PCH. Subscribe to carwow on youtube – http://www.youtube.com/c/Carwow?sub_confirmation=1 Awkward haggling is a thing of the past with carwow. Choose your perfect car with our configurator tool and let the country’s best dealers compete over you. Compare the five best offers by price, location and dealer ratings and choose the one that’s right for you – no hassle, no haggling, just a great deal. Visit our site to save money on your new car – https://www.carwow.co.uk/
Views: 251473 carwow
Purchase Orders
 
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2:15 : Definition and Types of Purchase Orders 18:32 : Adding a Purchase Order 40:23 : Adding a new Vendor 49:30 : Saved to Batch Purchase Orders 105:20 : Appropriation Open Purchase Order Register Report
Views: 590 UANLink
Lesson 7 part 4 Create procurement tracking log
 
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Lesson 7 part 4 Add shop drawings submittals and approvals to the time schedule files link: https://planningengineer.net/courses/online-primavera-course-for-engineers-construction-managers/ In this lesson you will learn how to Add shop drawings and Materials to the time schedule, create Shop drawing and Procurement tracking logs and link engineering works to the related activities in the schedule. Did you like this Video? Join us in Planning Engineer Website where we have specialized training courses for planning and scheduling. courses link: http://bit.ly/2yVJ3z2
Views: 33452 Planning Engineer
Purchasing for Work Orders in Maximo
 
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In this webinar, our Client Advisor/Project Manager, Chris Winston, will dive in to all things related to Purchasing for Work Orders in Maximo: - Procurement to be reviewed when sourced from the Work Order, Inventory Reorder, and directly on the Purchase Order
Views: 6321 Projetech
B2B Purchasing Negotiation Five Strategies to Reduce Vendor Prices
 
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The following video outlines five purchasing and procurement strategies all geared towards lowering vendor prices and or reducing supply chain and inventory management costs. These strategies are put forth from someone who has worked in sales and marketing for 20 years and wanted to combine the best strategies employed by the best purchasing negotiation teams. In essence, these strategies come from those purchasing and procurement agents I have negotiated with. They include the most successful strategies employed against me. The first includes not tipping your hand and or broadcasting your needs too soon in the negotiation process with a salesperson. Instead, nail down your price and then use your requests, needs and or concession to reduce pricing. For instance, agree upon a final price and then ask for a discount or reduced price for 1) prepaying total or a portion of your purchase, 2) prompt payment incentives like net-10 day terms 1 to 2 percent discount or 3) increasing volumes or committing to long-term supply contracts or orders. The second tip includes avoiding using veiled threats - which are simply threats you have no intention of following through on. When you threaten vendors too much without ever following through on a threat, then you are simply training them not to take your threats seriously. Third, match a high-value concession for a high-value concession. In this case, come up with a list of requests and or "must-haves" as outcomes from the price negotiation. When the salesperson makes a request, make sure you counter with one of your own of equal value. Fourth, when it comes to getting price reductions from a salesperson, you have to sometimes appeal to their better nature. In this case, add a little personal touch to your negotiations. Ask for a price reduction by outlining the pressures and demands that are placed upon you as a purchasing agent. In this case, you have to attain a certain inventory cost structure so ask your salesperson to help you attain that. Finally, keep your vendor honest by constantly going out for competitive bids. Even the best of vendors can become complacent. However, if they know you know as much about pricing in the market as they do, then those vendors will be less likely to take advantage of you.
Views: 109256 Ian Johnson
Subawards with Subrecipients and Purchase Orders with Contractors - Part 2
 
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Video 2 of 3. Budget implications of subawards, hybrids, and purchase orders. Prepared by the Office of Research and Sponsored Projects, Finance - Sponsored Programs, and the Office of Contract Administration at the University of Michigan. Authored and narrated by Dennis Poszywak. Edited and produced by Constance Colthorp.
SAP MM Contracts Creation video by Ganesh Padala
 
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In this video, I have explained how to create Contracts in SAP MM. For many documents and videos follow my SAP blog www.ganeshsapscm.com
Views: 10586 Ganesh SAP MM/WM
Types of Purchase Contracts
 
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Types of Purchase Contracts
Views: 127 Sheila Elgart
BEAMS Contracts
 
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The Contracts module of BEAMS allows you to create variations and purchase orders all the while providing comprehensive job tracking features that not only shows the current stage of the job, but also how long the job has been on site and when it is due for completion. Easily produce detailed erosion and construction reports.
Views: 1517 BEAMSSoftware
Negotiation Skills: 3 Simple Tips On How To Negotiate
 
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Watch this to learn 3 of the BEST negotiation strategies and tactics. SUBSCRIBE FOR VLOGS ► http://bit.ly/WqPFyy Many people think negotiation skills are some innate talent, but it's not true. You can learn to become a better negotiator... even if you're scared to negotiate. Even if you never haggled anything in your life. Here's why: negotiation is a skill that I believe anyone can learn. And I can help you learn it. The trick? I have 3 simple tips for you. Use them to improve your negotiation skills TODAY. What can you expect in this video? Proven negotiation tips from my personal experience and backed up with facts and examples. Where will these negotiation tips work? Well... If you've ever wanted to buy a car, hire a freelancer, or get hired as a service provider, you've had to negotiate. Most people don't know what they're doing, but now you'll have the edge you need to get a better deal. The best part? You can do it without offending the seller. Why? Because you leverage practical psychology from the art of negotiation.
Views: 269478 Derek Halpern
Supplier Contracts Management Webinar: Updated
 
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This webinar is targeted to those State Entity buyers and contract administrators who completed Supplier Contracts Management training prior to March 15, 2010 to provide those participants with the material that was added.
Common Contract Clauses
 
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Visit HBA of Berks County on the web: http://www.HBAberks.org As part of an on-going educational series of business topics, Executive Officer Christian D. Malesic, MBA, IOM presented "PA HICPA & Contracts in Plain English" to a live audience of HBA members. This video explains, in simple language, the following clauses: Signature Block; Complete Agreement AKA Entire Agreement; Notices; Amendments, Additions, Changes AKA Change Orders; Dispute Resolution; Time is of the Essence; Indemnify Against Loss AKA Indemnification; Legally Binding; Counterparts; Severability; Governing Law, Jurisdiction, and Venue; Title and Headings; Event of Default; Terms; Scope of Work; Background; Opening. The Home Builders Association of Berks County, PA, USA provides education & continuous improvement seminars, round-table discussions, and training on business & construction topics of all shapes & sizes on a frequent basis. Beginning in 2012, the HBA started recording some of these sessions and editing the content into packets of concise, usable information as a service to our members and the business community at large. If you find this video helpful, please "LIKE" it, "COMMENT", and "SUBSCRIBE" to our channel.
Views: 14370 HBAberks
Real Estate Wholesaling Explained: How an Assignment of Contract Works
 
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See the full blog post here: https://retipster.com/wholesaling You can also get a solid overview in this blog post: https://retipster.com/wholesaling2 The concept of assigning contracts can be tricky to grasp at first, so I’ll start by explaining how assignments were MEANT to be used and then I’ll give an example of how they can be used. Let’s say you’re a real estate investor who DOESN'T like to buy properties with basements. One day, you get a lead on an investment property from a seller who says the property is built on a slab foundation. You both agree to enter into a purchase agreement, but during your due diligence, you find that the seller wasn’t entirely honest with you, and the property DOES indeed have a basement. At this point, you have two options: You can back out of the deal and walk away OR, If you happen to know another investor who doesn’t mind properties with basements, and they like the deal, you can assign your rights in the purchase agreement to this other investor, for a fee. Now in order for this to work, you need to make sure the original purchase agreement has the proper legal jargon that gives you the ability to do this, but as long as it's there, instead of walking away with nothing, you can walk away with a little money in your pocket. You and the new investor would complete a new contract called an Assignment Agreement. This agreement explains that new investor is replacing you as the buyer, and they are also paying you an assignment fee, which compensates you for your trouble and allows them to buy their way into the purchase agreement to assume your position as the purchaser. When this is done correctly and the deal is closed, you’ll be able to walk away with some money in your pocket, the seller is able to sell their property and the new investor is able to get a deal. It’s a true win-win for everyone involved. This is how assigning contracts are MEANT to be used, but here’s a question - wasn’t it interesting how you were able to walk away with money in your pocket, even though you never put any of your own money into the deal personally? What if you used this concept just to find deals for end buyers? Think of how many more deals could you do if you weren’t actually buying anything yourself and if you didn’t have to come up with any of the cash on your own? This is where the loophole comes in: some investors, specifically real estate wholesalers, commonly assign contracts, with the full intent of assigning them to another buyer for a fee. Some wholesalers actually build their entire business model around doing assignments! Here’s an example: Let’s say you get a property under contract for $50,000. You then find another investor who has the cash and wants to buy your position in that contract, and so they pay you a $5,000 assignment fee to take over the deal. The buyer is still getting a great deal on the property for $55,000 all-in, the seller is still able to sell off their property and you get to walk away with $5,000. It’s a pretty sweet deal, right? This business model is intriguing because if done correctly, you can make thousands of dollars just by acting as the middle man and connecting sellers with buyers, with little-to-none of your own money involved in the transaction. On paper, it sounds pretty great, but we want to strongly suggest you seek legal advice as to whether or not this strategy is actually legal. Some states have basically outlawed assigning contracts without the involvement of a licensed real estate agent. When you enter into a purchase agreement WITHOUT the actual intent to buy the property yourself, the contract can be somewhat misleading, and in some jurisdictions the purchase agreement may effectively be null and void. If your primary business model is to do these types of assignments, and you’re not a licensed real estate agent, it could be interpreted that you’re acting as a real estate agent without a license. There are differing opinions on the legality and ethics behind this type of transaction but as you can imagine, when it’s done correctly and communicated clearly to all parties involved, it can work to everyone’s benefit. Unfortunately, it’s not always done correctly or communicated clearly, and when deals fall apart, it’s definitely NOT a win-win situation for the parties involved. Some local governing bodies are more strict with their laws than others, and this is why it’s in your best interest to consult with a local real estate attorney in your area to ensure you understand what is and isn’t allowed, to make sure you’re using the right documentation, and that all parties involved are acting within the confines of the law. We hope this explanation helps you understand the basics of how an assignment works in real estate. Again, we’re not lawyers and this video isn’t intended to be legal advice, so be sure to talk with a legal professional in your area before you dive into this strategy any further.
Views: 594 REtipster
Approve Purchase Contracts
 
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With the transactional app Approve Purchase Contracts, you can view pending purchase contracts and approve them. If necessary, you can forward approvals to a different employee for further processing.
Contracts Management in IBM Maximo
 
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Subscribe to our webcasts: http://goo.gl/6NMN6A Watch this webcast to learn how to manage contracts in IBM Maximo. In this webcast we review the applications in the Contracts Module and run through a practical Purchase Contract and Labour Rate Contract examples.
Views: 2766 Ontracks Consulting
Buyers Cannot Just Walk Away From Finalized Purchase Contracts Without Consequences in Birmingham AL
 
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Collier Swecker video blogs about how some homebuyers are trying to walk away from finalized purchaser contracts right before closing with the thought that the only consequences will be loss of earnest money. In this tough real estate market, Sellers facing Buyers who are trying to just walk out on a legal purchase contract and who have had their home on the market for many months are starting to react by suing the Buyers for Specific Performance on the contract and forcing the Buyers to consummate the purchase of the home. I think that television shows and the intoxicating real estate boom of a few years ago have Buyers forgetting that they are signing legally binding contracts where Sellers can and sometimes will enforce their rights by forcing the sale through the court system. The courts will generally order Specific Performance by the Buyer in situations where all terms and conditions of the sales contract have been met and the Buyer just says that they do not want to buy the house anymore. Birmingham Real Estate Agents need to do a better job of explaining the legal consequences of contracts before they have their clients sign them. If your Real Estate Agent does not know the legal consequences of the Sales Contract and cannot answer basic questions about the Sales Contract, you may want to find another agent who can actually protect your legal interest. I am a firm believer that being a Real Estate Agent is more than just marketing a home and showing homes to Buyers. I think that my biggest responsibility as a Realtor is to make sure my client's legal and economic interests are protected by providing full explanations of the legal and economic consequences that will result from their actions. If you have any comments or questions about why buyers cannot walk away from contracts that have had all contingencies met without the possibility of legal consequences, email me at [email protected] or visit my website at www.MegaAgentRealEstate.com.
GST : Impact on Work Contract and Civil Construction
 
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To Buy DVDs / Pen Drive contact at : @ Delhi : 011-45695551 @ Gorakhpur : +91-7052208065 @ Mobile : +91-9889004575 @ mail id : [email protected] @ website : www.badlaniclasses.online @ Delhi @ Gorakhpur @ Indore @ Pune @ Mumbai
Views: 95498 CA dilip badlani
SAP MM - Freight Services Management with Contracts - P01
 
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In this Video, I will describe the Process for Freight Services Management using Standard SAP Contract.
Views: 2740 Natan Cavalcanti
*NEW* BO4 PATCH RELEASED! NEW CONTRACTS, SPECIAL ORDERS, AND MORE TIERS! LIVE w/ @Doublevipers
 
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Wassup guys it's Doublevipers and welcome to my channel! I try to upload and stream as much as possible. If you enjoy the channel, definitely drop a LIKE and hit that SUBSCRIBE button if you're NEW! Also, don't forget to turn on notifications so you don't miss an upload! SPONSOR HERE: https://gaming.youtube.com/channel/UCI5xMmWzZMLf_nZrk0iehdA DONATE HERE: https://youtube.streamlabs.com/doublevipers *Keep in mind that donations are not necessary but always appreciated* FOLLOW ME: http://twitter.com/Doublevipers
Views: 245 DV
17 Purchase Contracts Part 2: Arizona Real Estate License Exam Prep
 
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Arizona Real Estate License Test Prep: Purchase Contracts Part 2 Copyright 2017 Hogan School of Real estate, Inc. All Rights Reserved. IV. TYPICAL PROVISIONS FOUND IN PURCHASE CONTRACTS A. Contingency Clause: Makes the sale contingent upon a certain event. Failure to fulfill the contingency voids the contract. 1. Mortgage Contingency Clause: Makes the sale contingent upon the buyer obtaining financing. Usually specifies the loan amount, interest rate, terms and the date by which the buyer must obtain a commitment. 2. Other Common Contingencies include: home inspection and roof, mechanical equipment inspections and termites. 3. Evidence of termites could include rotted wood and cellulose debris. B. Escrow Instructions 1. Escrow agent is a disinterested, neutral third party hired to close the transaction. 2. The escrow company is hired by and acts as the agent of the buyer and seller. 3. If there is a conflict between the pre-printed words and written words in the contract, the written word prevails. C. Prorations: Specifies what items will be prorated and the date of such proration (commonly date of closing). D. Time is of the Essence 1. Contract contemplates a punctual performance. 2. Parties agree to make diligent effort to complete the transaction within the agreed time periods. E. Title Insurance 1. It is the seller’s responsibility to deliver a clear title. 2. Evidence of clear title is most commonly an Owner's Title Insurance Policy. F. Default & Remedies 1. If buyer backs out for no valid reason the seller may: a. Allow buyer to withdraw without penalty. b. Retain earnest money as liquidated damages. Liquidated damages: The amount pre-determined by the parties as the total amount of compensation an injured party should receive if the other party breaches a specified part of the contract. c. Sue for damages or for specific performance. Specific Performance is a court order to enforce the terms of a contract. 2. If seller backs out for no valid reason the buyer may: a. Let the seller back out. b. Sue for damages or for specific performance. G. Warranties: Until closing, the seller agrees to maintain the property in substantially the same condition as of the date of the contract. H. Risk of Loss: If property is damaged prior to closing, the risk of loss is on the seller and buyer has the option of voiding the contract if change in property is substantial. I. Representations 1. Defects in the property: a. Obvious defects- Buyer is responsible. Caveat Emptor (let the buyer beware) applies. b. Latent Defects (Hidden defects)- Seller is responsible. c. Agent must disclose all known defects to the buyer. 2. Agent must use care in making statements to buyers: a. Puffing the goods: Making overstatements of personal opinion, is not considered misrepresentation. b. Misrepresentation (Negligent misrepresentation): False statements of material facts which a party relies on to his damage. c. Fraudulent Misrepresentation: Occurs when a person intentionally misrepresents a fact. 3. Liability: Agent can be held liable for misrepresentations either by commission or omission when within agent's area of expertise. 4. Errors and Omissions (E & O) insurance insures licensees against errors or omissions the agent makes. Similar to malpractice insurance for doctors. J. Indemnification Clause (aka Hold Harmless Clause): Provision whereby one party agrees to protect another party from damages or lawsuits. V. RESCISSION OF CONTRACT The legal remedy of canceling a contract and restoring the parties to their original positions prior to entering into the contract. VI. DISPUTE RESOLUTION A. Mediation: A dispute resolution process conducted by an independent third party mediator who works with the parties to help resolve their difference(s). If unsuccessful the next step for the disputing parties is binding arbitration. B. Arbitration: The non-judicial submission of a dispute to a third party arbitrator with both parties agreeing, in advance, to comply with the final decision of the arbitrator. In a mediation, the mediator works to have the parties come to a resolution on their own. In arbitration, the arbitrator imposes his/her decision on the parties.
BUYERS: Introduction to RPA Release Enabled Contracts
 
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This webcast introduces participants to RPA Release Enabled Contracts. These contracts allow Buyers to create requisitions and purchase orders in COMMBUYS to record purchases after the fact when a standard release requisition is either impracticable or impossible. In such instances, the buyer may use RPA Release Enable Statewide contracts, if available.
GSA Training: Blanket Purchase Agreements (BPAs) - 1 of 6
 
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Part 1 of 6 - BPA Video Series. This video answers: "What is BPA"? "How are MAS BPAs Differ from Others"? "What are the benefits of MAS BPAs? More info at http://www.gsa.gov/portal/content/199353
SharePoint Policy Management Software, SharePoint Contract Management Software - Meet ConvergePoint.
 
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Meet ConvergePoint (http://www.convergepoint.com). Your Compliance Department's new best friend. ConvergePoint offers a wide variety of SharePoint-based, compliance products all created with the end user in mind. Our various software platforms include Policy & Procedure Management portals, Contract Management, Purchase Order management and Employee Health and Safety Training/Certification. Learn more about the other unique products/services ConvergePoint offers @ http://www.convergepoint.com. Don't forget to follow us on twitter for the latest blog postings & more! http://www.twitter.com/ConvergePoint
Views: 403 ConvergePoint
Trade Talk: ABCs of International Contracts
 
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In this episode of Trade Talk, we explore the importance of getting an international contract right to avoid problems that can range from language issues to tax laws. Is a purchase order a contract? Do you need a lawyer to review the terms and conditions? What's an INCOTERM? We'll address these issues and more. http://bit.ly/1kEE4b3
GSA Training: Blanket Purchase Agreements (BPAs) - 3 of 6
 
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Part 3 of 6 - BPA Video Series; BPA SOW and Competition requirements. More info at http://www.gsa.gov/portal/content/199353
Government Contracting - Preparing For CPSR - Win Federal Contracts
 
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US Federal Government Contracting Please visit us at http://www.JenniferSchaus.com for a full list of our complimentary webinars and #govcon services including GSA Schedule; SBA 8(a) Cert; Proposal Writing; Sales & Marketing; Contract Administration and more. WE ARE A DOWNTOWN WASHINGTON DC BASED FEDERAL CONSULTING FIRM. Main Office Phone: 202-365-0598 Jennifer Schaus [email protected] THANK YOU for viewing our federal government contracting webinars. Federal Acquisition, FAR, Federal Acquisition Regulation, Procurement, Federal Procurement, Contracting, Federal Contracting, Federal Contract Government, Contracting, Federal Contracts, DFARS, Defense Acquisition Regulation, Federal Regulations, SAM, System For Award Management, CCR, FBO, Federal Business Opportunities, Fed Biz Opps, Federal business, Business of Government, Set-Aside, set asides, SBA, small business, small business administration, 8a, 8(a), 8-a, 8-A, wosb, woman owned small business, vosb, veteran owned small business, minority owned, small business certification, federal certification, gsa, gsa schedule, gsa proposal, gsa audit, gsa cav, gsa modification, general services administration, gsa advantage, gsaadvantage, veteran, capability statement, cap statement, proposal writers, proposal writing, teaming, partnering, jv, joint venture, teaming agreement, teaming agreements, naics, small business standards, cage, cage code, psc, product service code, wawf, wide area work flow, contract administration, contract compliance, fss, federal supply schedule, idiq, indefinite delivery indefinite quantity, mas, multiple award schedule, federal acquisition, disadvantaged, disadvantaged small business, minority owned business, ccr, orca, central contractor registration, irapt, capabilities statement, federal training, small business instructions to offeror 52.212-1, small business instructions, reps and certs, dhs, fema, dod, defense contracting, defense acquisition, contract training, government sales, government contracts, federal sales, public sector sales, public sector acquisition, 8a program, gsa listing, gsa listings, gsa e-library, gsa e-buy, foia request, foia, freedom of information act, debrief, bid protest, how to win federal contracts, federal market, federal marketing, army, navy, air force, pentagon, procurement office, contract officer, contracting with the government, contracting with the federal government, how to win contracts, set-aside contracts, set aside contracts, sba 8a, nist, cyber security, federal regulations, contract negotiations, nist cyber security framework, bid assistance, federal bid assistance, bid training, government bidding, rfp, rfq, sources sought, government bid proposal, basics of government contracting, federal contracts, contracts, federal contractor registration, gsa list, gsa listing, gsa contractor, fpds, federal procurement data system, win federal contracts, win government contracts, simplified acquisition, govcon, #govcon, federal fiscal year, use it or lose it, usa spending, fed biz, federal business, winning government contracts, far flow down clauses, flow down clauses, sub contractor, prime, prime contractor, prime and sub contracting, sub-contractor, sub-contracting, sub contracting, subcontracting, dcaa, defense contract audit agency, federal accounting, cost accounting, CLIN, cpsr, contract purchasing system review, contract purchasing system, basics of government contracting, basics of federal contracting, basics of government contracts, basics of federal contracts, basics of federal government contracts, government contracting 101, gov con 101, federal contracting 101, how to win government contracts, how to get started in government contracting, bpa, blanket purchase agreement, what does the federal government buy, what does the federal government purchase, federal contract bid training federal contract training, federal procurement training, how to sell to the government, how to sell to the federal government, inside guide to government contracting, guide to government contracting, gov con guide, federal contracting guide, a to z of government contracts, a to z of government contracting, simplified acquisition threshold, sat, become a government contractor, become 8a certified, how to become a government contractor, how to become a federal contractor, essentials of government contracting, what are federal set asides, federal set asides, federal set-asides, set aside contracts, set-aside contracts, register for federal contracts, contractor registration, veteran contracts, federal contracts for veterans, bid assistance training, federal contracting bootcamp, government contracts bootcamp, bootcamp for government contracting, government contracting weekly, government contracting for small business, government contracting for veterans, government contracting for minorities, set-aside contracting, cyber security and government contracting,
Eric Coffie Speaks On Scoring Government Contracts Without Education Or Formal Training
 
19:32
Purchase Merchandise From Our Store https://teespring.com/stores/advise-media-network-store Support us monthly on Patreon: https://www.patreon.com/AdviseShowMedia Send money order donations(MO payable to Advise Media Network) Advise Media Network 2323 Clear Lake City Blvd. Suite 180 Box 133 Houston,Tx 77062 Visit Our Website http://www.adviseshow.com Paypal Donation Link https://adviseshow.com/donate/ SUB TO RATCHET VIDEO WEEKLY http://goo.gl/cIFrl SUB TO ADVISE SHOW MEDIA http://youtube.com/c/AdviseShowMedia Join us on Blaqspot: https://blaqspot.com/AdviseMediaNetwork Like me on Facebook http://goo.gl/pjgnt Follow me on Twitter https://twitter.com/AdviseShowMedia Follow me on Instagram http://instagram.com/advisemedianetwork Book me for your events [email protected]
Views: 9833 TheAdviseShowTV
SAP MM 13  CONTRACTS
 
01:07:05
for Free online demo visit -www.evolvesap.com
Views: 974 ARNAV PATIL
TigernixProcurement - Procurement Management System
 
01:10
Are you overwhelmed and pressured with the list of ongoing complex tasks of supply chain management? Completing purchase orders, receiving products, negotiating contracts and approving supplier payments…Tasks that don't lack complexity in procurement management goes on and on. What if you could find a solution to simplify all these procurement processes and transform your supply chain process from troublesome to trouble-free? Offering you TigernixProcurement, an all-in-one software solution of Tigernix, we help you streamline your procurement management process by automating and simplifying your daily supply chain tasks. It’s highly customizable and helps you gain a better efficiency and visibility over your operations while reducing costs. The software comes with highly functional modules will take care of your supply chain process from start to finish. Visit https://www.tigernix.com/home/software/procurement for more information.
Views: 112 Tigernix Pte Ltd
Webinar: Simplify and Streamline Document Approvals with Digital Signatures
 
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Eliminate the hassles, costs and security risks inherent in paper-based and manual document approval processes! Every business has documents that require signatures in order to be executed -- contracts, purchase orders, agreements, etc. For many companies, this remains a manual process that takes place either via email or on printed pieces of paper. As a result, different versions of files proliferate, documents are lost, time is wasted and operational risk increases.
How To Buy And Sell Or Trade Options On Robinhood App
 
13:24
Robinhood added options trading to their platform. Options gets confusing as they are not as simple as just buying and holding. A lot of factors make up the price and what the price of the options contract will be in the future. We go through the basics of how to buy and sell a call or put option. Join US vs HERD's free options trading group: http://bit.ly/UVHFreeOptionsGroup Follow and listen to our Spotify playlist: http://bit.ly/WorkEthicPlaylist Connect with Nick — Twitter: https://twitter.com/NickDChow Instagram: https://www.instagram.com/nickdchow Connect with US vs HERD — Twitter: https://twitter.com/USvsHERD Instagram: https://www.instagram.com/usvsherd Facebook: https://www.facebook.com/USvsHERD robinhood app for beginners options trading robinhood options trading explained robinhood app tutorial
Views: 82168 US vs HERD
Government Contracting - Federal Contracting Steps to Success - Win Federal Contracts
 
29:24
US Federal Government Contracting Please visit us at http://www.JenniferSchaus.com for a full list of our complimentary webinars and #govcon services including GSA Schedule; SBA 8(a) Cert; Proposal Writing; Sales & Marketing; Contract Administration and more. WE ARE A DOWNTOWN WASHINGTON DC BASED FEDERAL CONSULTING FIRM. Main Office Phone: 202-365-0598 Jennifer Schaus [email protected] THANK YOU for viewing our federal government contracting webinars. Federal Acquisition, FAR, Federal Acquisition Regulation, Procurement, Federal Procurement, Contracting, Federal Contracting, Federal Contract Government, Contracting, Federal Contracts, DFARS, Defense Acquisition Regulation, Federal Regulations, SAM, System For Award Management, CCR, FBO, Federal Business Opportunities, Fed Biz Opps, Federal business, Business of Government, Set-Aside, set asides, SBA, small business, small business administration, 8a, 8(a), 8-a, 8-A, wosb, woman owned small business, vosb, veteran owned small business, minority owned, small business certification, federal certification, gsa, gsa schedule, gsa proposal, gsa audit, gsa cav, gsa modification, general services administration, gsa advantage, gsaadvantage, veteran, capability statement, cap statement, proposal writers, proposal writing, teaming, partnering, jv, joint venture, teaming agreement, teaming agreements, naics, small business standards, cage, cage code, psc, product service code, wawf, wide area work flow, contract administration, contract compliance, fss, federal supply schedule, idiq, indefinite delivery indefinite quantity, mas, multiple award schedule, federal acquisition, disadvantaged, disadvantaged small business, minority owned business, ccr, orca, central contractor registration, irapt, capabilities statement, federal training, small business instructions to offeror 52.212-1, small business instructions, reps and certs, dhs, fema, dod, defense contracting, defense acquisition, contract training, government sales, government contracts, federal sales, public sector sales, public sector acquisition, 8a program, gsa listing, gsa listings, gsa e-library, gsa e-buy, foia request, foia, freedom of information act, debrief, bid protest, how to win federal contracts, federal market, federal marketing, army, navy, air force, pentagon, procurement office, contract officer, contracting with the government, contracting with the federal government, how to win contracts, set-aside contracts, set aside contracts, sba 8a, nist, cyber security, federal regulations, contract negotiations, nist cyber security framework, bid assistance, federal bid assistance, bid training, government bidding, rfp, rfq, sources sought, government bid proposal, basics of government contracting, federal contracts, contracts, federal contractor registration, gsa list, gsa listing, gsa contractor, fpds, federal procurement data system, win federal contracts, win government contracts, simplified acquisition, govcon, #govcon, federal fiscal year, use it or lose it, usa spending, fed biz, federal business, winning government contracts, far flow down clauses, flow down clauses, sub contractor, prime, prime contractor, prime and sub contracting, sub-contractor, sub-contracting, sub contracting, subcontracting, dcaa, defense contract audit agency, federal accounting, cost accounting, CLIN, cpsr, contract purchasing system review, contract purchasing system, basics of government contracting, basics of federal contracting, basics of government contracts, basics of federal contracts, basics of federal government contracts, government contracting 101, gov con 101, federal contracting 101, how to win government contracts, how to get started in government contracting, bpa, blanket purchase agreement, what does the federal government buy, what does the federal government purchase, federal contract bid training federal contract training, federal procurement training, how to sell to the government, how to sell to the federal government, inside guide to government contracting, guide to government contracting, gov con guide, federal contracting guide, a to z of government contracts, a to z of government contracting, simplified acquisition threshold, sat, become a government contractor, become 8a certified, how to become a government contractor, how to become a federal contractor, essentials of government contracting, what are federal set asides, federal set asides, federal set-asides, set aside contracts, set-aside contracts, register for federal contracts, contractor registration, veteran contracts, federal contracts for veterans, bid assistance training, federal contracting bootcamp, government contracts bootcamp, bootcamp for government contracting, government contracting weekly, government contracting for small business, government contracting for veterans, government contracting for minorities, set-aside contracting, cyber security and government contracting,
Purchase Order Negative On-hand Receiving
 
01:45
How Spire handles receiving items that have gone to a negative on-hand and replacement cost is now different.
Views: 351 Spire Systems