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Since the knock-for-knock regime is aiming to provide a practical scheme, the claims are not usually included within. Claims and dispute resolution needs to be dealt with the usual way and discover the root cause for the same. Nevertheless, there is no one size fits all, and each prospect needs to be looked at individually. In some agreements, there are specifically excluded claims, where the agreement usually specify claims excluded from the knock-for-knock scheme. In this case, these claims are to be managed with the usual fault-based legal regime
Offshore Contracts Knock for Knock Clauses


 
There are many factors on which the business desirability and bid success probability are dependent. If it’s to consider that the bid value will be increased to a level that is acceptable to the management, then there are actions which party needs to perform to maximise the success probability.
Contract Negotiation


 
There is a lot of information about business tools and templates related to commercial and business negotiation and much has been written about how to choose the right negotiation strategy. Nevertheless, the core of negotiation and the psychological factors that drive the same cannot be found in the commercial negotiation strategy, nor the tools used
Commercial Negotiation Contract Negotiation


 


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