Unit of competency Outline

Date retreived
22/07/2026 10:46 AM AWST

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Negotiate and monitor contracts

Negotiate and monitor contracts

Unit of competency
National Code
AHCBUS503
State Code
BAS51
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
27/06/2016
View on TGA
State Implementation and Classification
Approved Date
12/01/2017
Field of Education
080321 - Farm Management And Agribusiness
Original Release Date
12/01/2017
Nominal Hours
35
Description
This unit of competency describes the skills and knowledge required to negotiate and monitor contracts.All work must be carried out to comply with organisational requirements, work health and safety legislation and codes and in consultation with the management team.This unit applies to individuals who take personal responsibility and exercise autonomy in undertaking complex work. They must analyse information and exercise judgement to complete a range of advanced skilled activities.No occupational licensing, legislative or certification requirements are known to apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Define agreements with external parties to the business for service provision
  • 1.1 Identify and define the enterprise requirements of a business relationship with external sources
  • 1.2 Establish the ranges of acceptable outcomes from a negotiation
  • 1.3 Make contact with individuals, bodies or corporations and discuss requirements of an agreement
  • 1.4 Clarify communication channels between all parties
  • 1.5 Exchange references where applicable
  • 1.6 Maintain sound practice and procedure for business meetings and document discussions and agreements
2. Complete the formal agreement
  • 2.1 Ensure negotiations conform to established enterprise requirements and relevant legislation
  • 2.2 Document requirements of the contract
  • 2.3 Clarify and resolve areas of ambiguity or concern
  • 2.4 Ensure conditions for service or supply are agreed between the parties including the key performance indicators
  • 2.5 Undertake alternative processes where agreement is unable to be reached
  • 2.6 Confirm the agreement based on mutually acceptable terms
  • 2.7 Ensure penalties or redress for non-performance
  • 2.8 Sign and exchange contract documentation between the relevant parties
3. Monitor the performance of contracts
  • 3.1 Identify the rights and obligations of parties to a contract and implement appropriate methods of addressing non-performance
  • 3.2 Identify and consult professional and regulatory bodies available to support commercial grievance processes
  • 3.3 Monitor completion of contract against key performance indicators
  • 3.4 Advise parties of issues in respect to non-compliance in writing
No information
No information
Replaces
State Code National Code Title Type
D6741 AHCBUS503A Negotiate and monitor contracts Unit of competency
Replaced By
State Code National Code Title Type
OBK31 AHCBUS514 Negotiate and monitor contracts Unit of competency