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    E-lesson

    Contract Management in the Transformer Industry – Basic level – e-lesson #1

    Basic Level illustration
    Course: Basic level

    Hosted by: Chris Gerber / Free

    A MASTER CLASS FOR NON-LEGAL MANAGERS AND EXECUTIVES

    This is the basic level of the Contract Management in the Transformer Industry course, conducted via three lessons.

    This contract management course provides a basic introduction to the principles of contract law, focusing on the transformer industry. It covers the definition and key elements of a contract, including offer, acceptance, consideration, and legality. The course explores the purpose and stages of contract law, from preparation and negotiation to execution and closeout. Various contract types used in the transformer industry are discussed, such as fixed-price, cost-plus, and time-and-material contracts. Participants will learn about the contract lifecycle, including the roles and responsibilities of different stakeholders. The course aims to give non-legal staff a solid understanding of the fundamentals of contract management, laying the groundwork for more advanced topics to be covered in future sessions. Overall, this basic-level course equips attendees with the essential knowledge to effectively manage transformer supply contracts.

     

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    E-lesson #1

    • What does a contract mean in law. Contract law explained.
    • What are the elements of a contract? 7 essential element

     

     

    About the author

    Chris Gerber

    Chris Gerber

    Chris Gerber is a former Transformer OEM CEO with noticeable experience in transformer contracts and project manager. He has worked for and with some of the most noticeable transformer utilities in Africa, the Middle East and Europe as well as several transformer manufacturers in Europe over the last 15 plus years. His practical experience and insight offers a unique reflection on the world of the project and contract manager in the transformer industry. He is amongst others a former university lecturer in business management and holds degrees from the University of Pretoria (South Africa) and the VUB in Brussels, Belgium.

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