Step 6: Negotiation & Contract Award Contract Summary Template
CONTRACT SUMMARY TEMPLATE
Objectives of the Template
The purpose of the CONTRACT SUMMARY TEMPLATE is to provide a high-level summary
of the contract including: contract strategy, expected benefits, contract scope, pricing strategy,
performance requirements and management approach.
This summary document is intended to supplement the contract as a quick reference guide
but not replace it.
Robertson Cox Ltd, 2011. All Rights Reserved.
Robertson Cox / Sourcematix Confidential
Step 6: Negotiation & Contract Award Contract Summary Template
<<ENTER SUPPLIER NAME>>
CONTRACT SUMMARY
<<ENTER CONTRACT REFERENCE>>
1.0
Sourcing Strategy Overview
Strategy Overview
Strategic Option Used
Tactical Levers Used
2.0
Contract Specific Information
Supplier Name
Supplier Contact
Details
Supplier Contract
Manager
Contract Start Date
Contract Expiry Date
Business Units/
Departments Under
Agreement
Confidentiality
Requirements
Contract Scope
Commercial/
Remuneration Model
Subcontractors
3.0
Key Information
Contract Amendment
Process
Remedy of Defects
Schedule
Invoicing and Payment
Robertson Cox Ltd, 2011. All Rights Reserved.
Robertson Cox / Sourcematix Confidential
Step 6: Negotiation & Contract Award Contract Summary Template
Indemnities
Insurances
Suspension
Termination
Intellectual Property
Rights
Call Off Special
Conditions
4.0
Supplier Performance Management
SPM Approach
KPIs
Stretch Target
Description
SPM Meeting
Frequency
5.0
Supplier Relationship Management
SRM Approach
SRM Manager
CONTACT DETAILS
Strategy Team:
<<Name>>
<<Title>>
<<Email>>
<<Phone>>
Robertson Cox Ltd, 2011. All Rights Reserved.
Robertson Cox / Sourcematix Confidential
