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Contract Management Plan
"Need a Contract Management Plan for our Singapore-based technology company that handles multiple international vendors and includes specific provisions for data protection and cross-border transactions, to be implemented by March 2025."
1. Introduction: Purpose and scope of the Contract Management Plan
2. Roles and Responsibilities: Key stakeholders and their responsibilities in contract management
3. Contract Overview: Summary of key contracts and their strategic importance
4. Risk Management Framework: Identification and mitigation of contract-related risks
5. Performance Monitoring: KPIs and methods for monitoring contract performance
6. Compliance Requirements: Legal and regulatory compliance procedures including relevant Singapore legislation
1. Vendor Management: Procedures for managing multiple vendors or complex supplier relationships. Include when dealing with multiple vendor contracts.
2. Change Management: Procedures for handling contract modifications and amendments. Include for long-term or complex contracts.
3. Dispute Resolution: Procedures for handling disputes and escalations. Include for high-value or high-risk contracts.
1. Contract Register: Detailed list of all active contracts and their key information
2. Risk Assessment Matrix: Detailed risk evaluation and mitigation strategies
3. Performance Metrics Template: Templates for tracking and reporting contract performance
4. Standard Operating Procedures: Detailed procedures for routine contract management tasks
5. Compliance Checklist: Checklist for ensuring regulatory and legal compliance with Singapore legislation
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