Curious about the building blocks of strong public procurement contracts? Join us as we uncover the core elements that make contracts legally binding with Megan Smyth, NASPO’s Director of Legal Education. From the basics of offer and acceptance to the critical importance of clear communication between legal and procurement teams, this episode is designed to demystify complex contract terminology. Learn why understanding these fundamentals is crucial for protecting taxpayer dollars and ensuring successful procurement outcomes.

Season 5, Episode 5

Season 5, Episode 5 Transcript

Check out Procurement U’s newest courses on Risk Management to learn even more!
Risk Management: Identifying and Analyzing Risk
(Part one of a two-part series)
2 contact hours
This Procurement U online course is designed to provide public procurement professionals with an overview of common considerations when engaging in risk management. The course outlines basic steps in the risk management process and discusses techniques for identifying and analyzing risks.

Risk Management: Responding To and Monitoring Risk
(Part two of a two-part series)
3 contact hours
This Procurement U online course is designed to provide public procurement professionals with an understanding of common risk-mitigation techniques in procurement. The course discusses options when developing a risk response, including contract terms and conditions, as well as considerations for tracking risk during the life of a project.

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