CCM MIDTERMS GRP 3

• Commencement Order refers to a legal document issued by a government authority that signifies the official start or implementation of a specific law, regulation, or government project.
• Government Contracts often follow a specific set of rules and procedures governed by the Government Procurement Reform Act (Republic Act No. 9184) and its implementing rules and regulations.
• Public-Private Partnership (PPP) Projects require specific rules and regulations outlined in Republic Act No. 6957.
• When parties enter into a contract, the agreement should outline the Effective Date, which is when the contractual obligations and terms become operational.
• Some contracts may include conditions precedent that must be met before the contract takes effect.
• Payment terms and schedules should also be detailed in the contract, specifying when and how payments will be made.
• Contracts often outline specific performance milestones and deadlines that must be met by both parties, determining when certain aspects of the contract will be executed.
• Contracts may specify which laws govern the agreement and which jurisdiction will handle disputes.
• Each agreement must have a Start Date, which can be any date and time, and an End Date, which can be any date and time after the Start Date.
• Republic Act No. 9184, also known as the Government Procurement Reform Act, was enacted on June 29, 2023.
• LinkedIn provides information on Negotiating and Modifying Performance-based Contracts.
• Justia Case Law Outlines provides information on Contracts cases.
• Republic Act No. 6957, also known as the Competition Act, was enacted on July 9, 1990.
• Planview provides information on Milestones and Deliverables.
• Psychology and Education provides information on Performance-based Contracts.
• Windchill Help Center provides information on Agreement Start and End Dates.
• Markup and Profit provides information on Payment Schedules.
• Oboloo provides information on Contract Extensions and Reports.
• Kashishworld provides an overview of Intellectual Property in Contracts.
• Commencement Order is a term used in contract law.
• Insureon provides information on Contractor and Subcontractor differences.
• PwC provides information on Revenue from Contracts.
• Juro provides information on Contract Review and Contract Termination.
• A contract report is a document that provides an overview of a company's contractual agreements.
• The document will be reviewed to ensure it consists of all contract elements, is clearly stated, error-free, and free from potential conflicts.
• Contract dispute resolution is a method used to resolve disagreements between parties who have signed a contract.
• Contracts should have a clear payment schedule, including a down payment, progress payments, and a final payment due on the day of substantial job completion.
• Contractual liability insurance helps cover claims related to contract issues.
• The period of work suspension can be considered in extending the contract time, but only in cases when the total suspension or suspension of activities along the critical path is not due to the fault of the contractor.
• The contract price cannot be adjusted as a result of work suspensions, and no payment can be made to the contractor for any standby time expense during the suspension period, except when prior clearance is secured from the Head of the Procuring Entity and for justifiable reasons.
• The contractor can suspend work when there are right-of-way problems, the contractor does not have the requisite construction plans, peace and order conditions make it dangerous to work, the Procuring Entity fails to deliver government-furnished materials and equipment, or the contractor's claim for progress billing is not paid within 45 calendar days.
• The elapsed time between the effective order suspending operation and the order to resume work shall be allowed the contractor by adjusting the contract time accordingly.
• Suspensions in the Performance of a Contract can occur when there are right-of-way problems, the contractor does not have the requisite construction plans, peace and order conditions make it dangerous to work, the Procuring Entity fails to deliver government-furnished materials and equipment, or the contractor's claim for progress billing is not paid within 45 calendar days.
• The methodology for issuing a Suspension Order involves the PMO or end-user unit determining the existence of any of the grounds for suspension, drafting the suspension order for the approval of the Head of the Procuring Entity, issuing the suspension order to the contractor, and determining whether or not the grounds for suspension still exist prior to the expiration of the suspension order.
• The contract price cannot be adjusted as a result of work suspensions, and work must be resumed either upon notice from the Procuring Entity of the lifting of the suspension order or upon the expiration of the suspension order.
• The parties involved in the issuance of a Suspension Order are the PMO or end-user unit, the Head of the Procuring Entity or his/her duly authorized representative, and the contractor.
• Performance standards are the minimum acceptable levels of quality, timeliness, and cost that you require from the contractor.
• Contract compliance means ensuring that all parties involved fulfill their obligations according to the agreement.
• Termination is the process of ending a contract before the obligations within it have been fulfilled by all parties.
• Labor Disputes can include controversy arising between a worker and an employer.