Terms and Conditions of Contracts for Projects from POME by Gautam Koppala VT

somewhat different, there are certain contract terms that are among the most commonly included in Projects contracts. Not all of these provisions will be included in every contract, and most contracts will include additional provisions that relate specifically to their particular subject matter. The following checklist is, however, a basic and general POME guide as to what provisions it may be important to include, or at least consider, in the Project contracts that you enter into.

Identity of the parties
Individuals or Projects entities?
If Projects, what type? (partnership, corporation, etc.)
Name of person signing on behalf of the business
Signer’s official title
Does he or she have authority to bind the Projects?
Addresses of the parties
Purpose(s) of the contract
Underlying assumptions