Practical sheet | REF: FIC1708 V1

From tender to contract

Author: Jean-Pierre PAYRE

Publication date: June 10, 2021 | Lire en français

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8. Mistakes to avoid

8.1 Don't accept a contract that doesn't cap the amount of penalties, whether for delay or performance.

Failure to cap the amount of penalties could put the project, or even the entire company, into insurmountable financial difficulty.

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8.2 Do not delegate power to negotiators

Not giving enough autonomy to the negotiators who will be facing the customer's team and who will have to show competence and decision-making power to present a dynamic image of the bidding company.

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