Contracting Excellence Journal

Good news is on the way! Surprising? Maybe, but true.

COVID-19 has created a myriad of contracting issues and challenges, with extensive need for managing changes and renegotiations. The public sector has clearly not been immune, yet it faces greater challenges due to the more rigid framework created by public procurement regulations. This brief summary illustrates those challenges, drawing on recent Guidance issued by the UK Government.

Commercial businesses play a tremendous role in influencing worldwide prosperity, but their future is shaky because of the coronavirus (COVID-19) pandemic outbreak. Many countries’ assets, business, and commerce worldwide that prospered just months ago are now severely strained. The pandemic has changed all aspects of life in business and personal lives.

As we pass through the high tide of COVID-19 and its threat to public and private sectors, we wonder -- can we handle the post-pandemic’s fallout? And yet, opportunities are knocking at our door! What follows tells what they are and how to reel them in.

In this article, our author’s perspectives relate closely to the IACCM webinar presented to IACCM members on May 14, 2020 titled Thought Leadership: Emergence: Commerce and Contracting Post COVID-19…

Mohit Khullar and Prachika Agarwal take an honest look at the present situation of arbitration in India and the steps India should take to keep their arbitration system operating well and open for litigants in spite of the COVID-19 threat. The world has a long way to go before we get COVID-19 behind us, but no doubt, the technology we will learn to apply in our businesses throughout this threat will become our closest allies!

The humble force majeure clause has been tested by the COVID-19 pandemic like never before. But what can we learn from this pandemic and how will it shape the future of contracts and business planning in a post COVID-19 era? These few words thus far have huge implications for contracting operations. Change is in the wind for sure.

Recent reports and discussions over Zoom with industry executives of factories producing the clothing apparel brands that we wear every day reveals a dismaying state of affairs.

No cabe duda que las noticias de estas últimas semanas quedarán grabadas en los libros de historia de todos los países del mundo.

Son tiempos complicados los que estamos viviendo, pero como en cualquier situación de desastre, tenemos que adaptarnos porque el golpe viene duro.

La economía global siempre tiene bajas. Podemos decir que llegan cada 10 años en promedio.

We all know the outbreak of COVID-19 or Coronavirus has been worldwide disaster that started in late 2019 in Wuhan, China. It took a horrifying turn by March 2020 when the World Health Organisation (WHO)¹ declared COVID-19 as a worldwide ‘pandemic’.

We are certainly now in unchartered waters. World-wide people are getting sick and a lot of people will succumb. Although the first case of Covid-19 reared its head in China in November last year, who among us even six weeks ago could have envisaged where we would be now?

Contracting Excellence Journal

Articles, news and insights from World Commerce & Contracting staffers and over 70,000 Members.

CLM, ignited by COVID-19, is pushed into the spotlight – what’s behind the trend?

The Challenges of Public Procurement: A Case Study

Lessons from Coronavirus - case study from Kuwait

Could customers and suppliers redeem us from post-COVID-19’s economic crisis?

Future of arbitration: A world view with an Indian perspective and the need for a new normal life

Is a contract vaccine for COVID-19 unthinkable?

Breaching contracts, cutting lifelines of innocent workers -- will it ever end? Not likely!

El Contract Manager en tiempos del COVID-19

Impact of COVID-19 – what you need to know about ‘force majeure’

Leadership in the time of Covid-19

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Contracting Excellence Journal

Articles, news and insights from World Commerce & Contracting staffers and over 70,000 Members.

Download the Pitfalls Report

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Recent Posts

World Commerce & Contracting Membership Types & Pricing

Take a look at the various membership types, or take a better look by becoming a FREE Trial Member