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Feb 6, 2012 · If the offer is accepted, the contract is then valid in principle. A contract is, above all, an instrument for the economic exchange of goods and services. Types of Contracts
Good news! Your hard work has paid off and your grant application has been approved. However, before you begin hiring, training, or exporting, there are a few critical elements of the post-approval process to know so you can execute your project efficiently and easily.
Mar 25, 2024 · In written form, an effective contract should be clear and concise so as to ensure all parties understand the terms and conditions. Executed contracts must be signed by all parties involved and must contain the essential elements of a contract: offer, acceptance, consideration, and mutual assent.
When invoking 6. (d) of the Government Contracts Regulations (GCRs), all procurements must have appended to all approval documents, and documented on file, answers to the seven questions at Annex 3.1: Treasury Board questions for sole source.
If your contract doesn’t give a date on which you can expect the products or services, the company has 30 days from the date you signed the contract to deliver on products or services. In both cases, you lose your right to cancel the contract if you accept the delivery after the 30 days.
Mar 31, 2022 · Most of the time, contract breakers will face a lawsuit – at worst. But Canadian law does include a criminal breach of contract, and violators could face up to five years in prison.
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Next Chapter – What happens when I’m approved for a grant? Before you begin hiring, training, or exporting, there are a few critical elements of the post-approval process to know so you can execute your project efficiently and easily.
