To enable growth while managing risk for the warranty provision in a contract, apply the following approach:
Simply, a warranty is a written promise.
How do I talk about written promises?
“We need to be aligned on the fundamental needs for each side. This is the foundation for building success in the underlying project.”
How do I act on this?
Use these 5 key negotiation points
- Duration
- Remedy
- Standards
- Mutuality
- Cure Period