Page 29 - BOSS Today Issue 26
P. 29

“Businesses should consider

                                                                             their supply chain risk
                                                                management and ensure that

                                                                                 their contracts have

                                                                               appropriate clauses.”




























       or furtherance of a dispute;   but you may still need to show   So, as householders and
       or owing to any inability to   that you have made reasonable   businesses may struggle again
       procure materials required for   efforts to perform the contract,   this winter to deal with power
       the performance of the contract.   despite the occurrence of the   cuts and flood water, this
       During the continuance of such   force majeure event.  is a timely reminder that all
       a contingency the Buyer may by   Some of your larger   businesses should consider their
       written notice to the Seller elect to   customers may require you   supply chain risk management
       terminate the contract and pay   to have a business continuity   and ensure that their contracts
       for work done and materials used,   plan, or disaster recovery plan.   have appropriate clauses to
       but subject thereto shall otherwise   If you do have one of those,   help manage their commercial
       accept delivery when available.   you may also need to show that   risks.
         As you can see, this wording   you have followed that plan if
       covers almost everything that   you then need to rely on your   n FOR FURTHER ADVICE
       you can think of that might   force majeure clause to relieve   ON THIS SUBJECT, PLEASE
       prevent you from being able   you of any liability for non-  CONTACT THE BOSS LEGAL
       to deliver to your customers,   performance of the contract.  TEAM ON 0845 450 1565.



































                                                                                          February/March 2015 | BOSS TODAY  29


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