2022 celebrates 35 years of the sourcing industry and we’ve seen an abundance of change over the years, but one thing that hasn’t improved enough is the contracting process. Why are we still negotiating clauses that don’t need negotiating and bringing the lawyers on board too late in the process? With the introduction of so many news technologies, such as AI, which have the potential to transform approaches to contracting, why are we not embracing these positive changes enough?
The GSA has resurrected it’s Contracting Workstream to drive change in the industry and modernise the contracting process and we have identified 4 areas of focus:
Transformation and Change
Workstream output: Playbook for Change
Making Standard Contracts Smarter
Workstream output: GSA ‘manifesto for smarter contracts’
GSA Standard Terms
Workstream output: Additional standard terms to add to the GSA ‘clause bank’ and amendments / simplification of existing terms
Sourcing Best Practice for Contracting Framework
Workstream output: Agreed principles for what both parties should focus on
If you would like to join any of the above workstreams, please contact the GSA at firstname.lastname@example.org.
The GSA Festival of Sourcing 2022: Fireside Chat - How can our Industry Learn from Contracting in the Construction Industry?
Edward Vera-Cruz, Solicitor (Head – Commercial Legal) & Senior Commercial Advisor at Southern WaterKerry Hallard, CEO of the GSA
The GSA Festival of Sourcing 2022: Launch of the GSA Contracting Standard Terms
David Jones, CEO & Founder of Claus.ify
Simon Lightman, Partner at Eversheds Sutherland
Mark Crichard, Partner at RPC
Christopher Bates, Partner at Ashurst
Philip Allery, Director at Prescience Outsourcing
The GSA’s contracting workstream have developed a GSA standard terms contract for small projects, such as professional consulting services or possible BPO services. The aim is to assist the industry in working with smaller players.
The Automation Platform to House the Contracting Standard Terms
David Jones, CEO and Founder at Claus.ify