Unit of competency Outline

Date retreived
22/07/2026 10:52 PM AWST

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Interpret and assess contracts

Interpret and assess contracts

Unit of competency
National Code
PSPREV004
State Code
AWT64
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
07/03/2016
State Implementation and Classification
Approved Date
21/07/2016
Field of Education
090901 - Business And Commercial Law
Original Release Date
21/07/2016
Nominal Hours
15
Description
This unit describes the skills required to interpret and assess contracts to determine their legal effect, identifying the parties involved and the responsibilities of those parties in order to make decisions regarding liability or compliance.This unit applies to those working to interpret and assess contracts within the public sector.The skills and knowledge described in this unit must be applied within the legislative, regulatory and policy environment in which they are carried out. Organisational policies and procedures must be consulted and adhered to.Those undertaking this unit would work independently, performing complex tasks in a familiar context.No licensing, legislative or certification requirements apply to unit at the time of publication.
Notes
Elements and Performance Criteria
1. Identify key features of contracts
  • 1.1 Analyse contracts and identify parties involved in each contract.
  • 1.2 Identify legal nature and elements of contracts, terms and obligations.
  • 1.3 Differentiate conditions, warranties and contingencies identified in the contract.
  • 1.4 Identify circumstances and consequences of terminating contracts.
  • 1.5 Confirm, if contractual rights have been assigned and if assignment as valid.
2. Assess contracts for eligibility and liability
  • 2.1 Analyse contracts in accordance with criteria using a legislative decision-making process.
  • 2.2 Confirm or deny eligibility or liability of contracts.
  • 2.3 Make decisions and notify customers.
No information
No information
Replaces
State Code National Code Title Type
WJ084 PSPREV404A Interpret and assess contracts Unit of competency
Replaced By
State Code National Code Title Type
ODW53 PSPREV013 Interpret and assess contracts Unit of competency
State Code National Code Title Type
AZX9 PSP40116 Certificate IV in Government Qualification