There are important risks to your organization and/or its programs that need to be managed when negotiating contracts, grants, teaming agreements, and leases either issued by you or issued to you. Every agreement inherently allocates risk, so you need to be thinking about these risks in light of your organization’s context and appetite (or lack thereof) for unpleasant outcomes. Included are process risks that get triggered when your nonprofit starts the review process of the agreement and continue throughout the document’s lifecycle. This session will be a practical, how to discussion to explore proven practices for managing risks during the review process for contracts and related agreements.
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