Contractual Elements of TEFCEL Model

Contractual element of TEFCEL constitutes any and all elements related to the contracts and contractual issues, including but not limited tot the contracts preparation; contracts definition; contracts and contracting strategies; contract negotiation; contract drafting and conclusion; contract execution and performance; contract settlement; contract close out; contract term & conditions; contract progress report; contracts entities such as JMC & subcommittees; contract objectives and targets; validity and effectiveness; contracts review, adjustment and recognitions; and contracts documentation and documents.

Further issues and related explanations should be elaborated in the particular course of TEFCEL Model