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What are some of the important items that an organization should consider when going into contract...

What are some of the important items that an organization should consider when going into contract negotiations with a vendor? (post an initial response in 150-300 words)

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Answer #1

Some of the important things which has to be considered by the organization when going into a contract with the vendor are

  • The discussion of the cost of the services and ensuring that it is not over expensive
  • The quality is maintained ,so that it can be beneficial to the organization
  • Ensuring it meets the organization's need and mission
  • The user friendly nature of the services got from the vendor with adequate training
  • The vendor should definitely meet the objectives of the organization
  • Proper backup
  • Availability of technicians to rectify any faults and correcting it immediately
  • Ensuring the vendor is a standard and certified company with active license
  • A clear information in details in regards to the contract period
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