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Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Glossary > A

Agile Contracts

Agile Contracts are the product of a more collaborative relationship between businesses and their suppliers. 

Goal-orientated contracts are supported with Early Cancellation Clauses, allowing all parties to focus on the outcome - rather than negotiations.

Businesses and their suppliers collaboratively define assumptions such as value, risks and costs. 

This speeds up time-to-contract.

 

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