Contract Negotiation Services

Effective contract negotiation plays a prominent role in the procurement cycle. The lack of a comprehensive contract, as well as an in-depth review of the contract, poses a risk to both parties, but more specifically the buyers. The absence of price protection and the inclusion of misleading price terminology are two examples of potential pitfalls during contract negotiations that lend strength to the seller.
Intelligent contract negotiations rely on facts instead of assumptions or suppositions. At Dryden Group, we understand the importance of research before commencing the negotiation process. We take the time to uncover the facts that relate to the current supply chain environment and determine how they will impact your negotiations. When combined with our years of procurement contract expertise, you can be sure you will be fully armed when entering the negotiating process.
We will work closely with your procurement team to ensure a successful and mutually beneficial outcome for you and your suppliers. Our professional negotiation services also include contract drafting that will protect your rights and provide an equitable agreement for all parties.
Our professional negotiation services
also include contract drafting that will protect your rights and provide an equitable agreement for all parties.

Benefits of Our Contract Negotiation Services

The many advantages of our contract procurement process include:
  • Comprehensive Review of terms and conditions: Inconsistent purchasing practices and the failure to secure competitive rates are common symptoms of insufficient contract management. We will execute a complete review of all contract terms that involve pricing, conditions, compliance, supplier service obligations and performance metrics of purchasers and suppliers. We’ll ensure you are working with reliable, reputable suppliers, and if necessary, help you locate more suitable vendors.
  • Marketplace comparison: A reliable method for evaluating the fairness of a contract is comparing its terms and conditions with similar agreements in the same vertical market. We will analyze your contract to ensure that it is marketplace competitive and sustainable for the long term.
  • Conflict resolution steps: Conflicts can arise during the performance of even a well-drafted contract. We will ensure the implementation of appropriate measures to resolve disputes equitably and expeditiously.
  • Identifying the meeting point: The most successful negotiations are those where the parties can achieve a meeting of the minds. Our skilled, experienced negotiators have the savvy to identify the most pressing needs of each side and find the means to bring them together.
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