CIPSTamkeenStarts Aug 11, 2026

Commercial Contracting

Module

Duration: 25hrs
Level: 04
Language: english
Reference: L4M3

Course Overview

Contracts are where deals live or die. Learn the legal foundations of commercial agreements — offer and acceptance, contract terms, indemnities, liquidated damages — and how to draft KPIs and SLAs that actually drive supplier performance. Covers framework agreements, call-offs, and the contract types you'll encounter daily.

What you'll learn

Apply offer, acceptance, consideration, and capacity principles to real procurement scenarios
Choose appropriate contract types — one-off, framework, call-off, services
Draft KPIs and SLAs that measurably drive supplier performance
Recognize and negotiate key contract terms including indemnities, liabilities, and pricing arrangements

Syllabus & course details

Core module · 6 credits · Objective Response (OR) exam · 1.5-hour duration. The legal and commercial mechanics of the contracts procurement professionals work with every day. You'll cover the formation of contracts (offer, acceptance, consideration, intention), the differences between one-off purchases, frameworks, call-offs, and services contracts, and the specific clauses that protect organizations — indemnities, sub-contracting, insurances, liquidated damages, and pricing mechanisms.