Unit of competency Outline

Date retreived
24/07/2026 4:37 AM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Interpret and assess contracts

Interpret and assess contracts

Unit of competency
National Code
PSPREV013
State Code
ODW53
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
03/04/2022
View on TGA
State Implementation and Classification
Approved Date
08/07/2022
Field of Education
090901 - Business And Commercial Law
Original Release Date
08/07/2022
Nominal Hours
15
Description
This unit describes the performance outcomes, skills and knowledge 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. Those undertaking this unit work independently, performing complex tasks in a familiar context.The skills in this unit must be applied in accordance with Commonwealth and State or Territory legislation, Australian standards and industry codes of practice.No occupational licensing, certification or specific legislative requirements apply to this 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 is 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 in accordance with organisational procedures.
No information
No information
Replaces
State Code National Code Title Type
AWT64 PSPREV004 Interpret and assess contracts Unit of competency
State Code National Code Title Type
BHO9 PSP40122 Certificate IV in Government Qualification