3. Implementing and understanding contract risk and opportunity management
Certain elements of the contract should be considered as a safety net, to be used only when a major problem arises.
But you must always have the contract to hand and its clauses in mind, so as not to be overwhelmed by time, and to put in place mitigating actions to control problems and mitigate the effects of risks should they arise.
3.1 Transfer of ownership
For imported equipment and materials, the transfer of ownership must take place before the border, for the sake of tax clarity. Otherwise, the "sale" would take place in the country of destination, with implications for VAT registration, permanent establishment, etc.
Goods from abroad (outside the country of the project/customer)...
Exclusive to subscribers. 97% yet to be discovered!
Already subscribed? Log in!
Implementing and understanding contract risk and opportunity management
Our advice
Exclusive to subscribers. 97% yet to be discovered!
Already subscribed? Log in!
Article included in this offer
"Design and engineering management"
(
351 articles
)
Updated and enriched with articles validated by our scientific committees
A set of exclusive tools to complement the resources
