Assessor Resource
RTE5920A
Negotiate and monitor contracts/commercial agreements
Assessment tool
Version 1.0
Issue Date: April 2024
Not applicable.
This competency standard covers the process of negotiating contracts and/or commercial agreements with clients and others. It requires the ability to establish agreements with sources external to the enterprise, complete contract documentation, and monitor the performance of contracts. Negotiating contracts/commercial agreements with clients and others requires knowledge of contract/commercial law, formulation and negotiation, enterprise business policies and plans including procedures for maintenance of confidentiality, and selection and appropriate application of technology, information systems and procedures.
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