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Contracting Standards

 

IACCM is at the leading edge of mass data analytics, an area that is transforming the field of contracting.

The intense interest expressed in this area mirrors what we are seeing in the wider commercial environment. In this vein, IACCM has partnered with Contract Standards to develop conformed clause standards that reflect an amalgamation of mass data analytics of standard agreements, the IACCM Contracting Principles, and the IACCM Contract Design Pattern Library. IACCM is currently focusing on developing conformed clause standards for Non-Disclosure Agreements (NDAs), Master Service Agreements (MSAs) and Data-Sharing Agreements (DSAs).

 
 

“Contracts are the language of business. They document our commercial relationships. Streamlined contract standards – based on the analysis of thousands of agreements – is the most effective way to expedite transactions and reduce costs.”

Kingsley Martin, Chief Contract Scientist, Akorda

“We are all challenged to do more for less. By adopting common Contracting Principles and Standards that reflect the IACCM contract design pattern library, we will dramatically reduce the negotiation cycle and drive material improvements in deal velocity.”

Paul Branch, Head of Contract Management, BT Group