Posts Tagged ‘Contract terms’
What a contract should say so the result of a purchase can be checked.
In the book: Chapter 4: The Information Asymmetry Collapse (1) · Chapter 7: Value Is Not Promised; It Is Proven (1) · Chapter 8: The Buyer Lifecycle Is Progressive Governance (2) · Chapter 9: The Value Control Loop (1) · Chapter 15: The Value Lattice System (1) · Chapter 19: Preemptive Value Architecture (1) · Chapter 21: Decision Artifacts That Govern Outcomes (1) · Chapter 22: Embedding Buyer Governance (1)
AI Features Added to Your Software Get Approved on Price Alone
Most companies have rules for approving a new software charge. Those rules check that the right person signed. They don’t ask what the new feature should deliver, so an added AI feature can be approved with no result anyone can check later.
Read MoreBritain’s New Rights to End Public Contracts Ignore the Results
The Procurement Act 2023 writes termination rights into public contracts that no term can remove. Each is measured against a contract, and none refers to the result the purchase was bought for.
Read MoreBattery Buyers’ Contract Gives Seller Claims No Extra Weight
A battery buyers’ alliance published a model contract in which the seller’s performance figures carry no evidential priority over the buyer’s own. Its order of terms is a usable model for software and AI purchases.
Read MoreKansas Paid $2.8 Million and Plans to Return to the Old System
Kansas paid $2.8 million for 16 deliverables and plans to revert to the system it meant to replace. A Kansas monitoring record and a Michigan audit show what goes missing when the people watching a contract change.
Read MoreAustralia’s Munitions Contract Let the Supplier Grade Itself
An Australian audit of a munitions contract shows a buyer that wrote supply, capability and cost into the contract and tied the supplier’s profit to the measures easiest to count. The capability measure was self-assessed.
Read MoreAmtrak Paid for Hours With No Measure of What They Produced
An Amtrak audit questioned nearly all the spending on a technology contract over missing paperwork. The contract paid for hours and had no explicit performance measures, so nobody could show what the hours produced.
Read MoreYour Contract’s Audit Right Can’t Tell You If the Purchase Worked
A buyer with a right to audit can examine everything the seller spent and still learn nothing about whether the thing it bought worked. Those are two different rights, and most contracts carry only one.
Read MoreWhen Vendors Call Your Terms ‘Uncustomary,’ Keep Them
When a buyer writes its own standard, sellers seldom call it wrong; they call it uncustomary. GSA’s AI clause drew exactly that objection, and its final text kept the precedence rule industry had asked it to revisit.
Read MoreBuilding AI Controls Into Chips Can’t Replace Your Contract Terms
Enforceability is a property of the terms value is recognized against, not of the metal it runs on or the budget line it hides in.
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