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Contract Standards

In recent years IACCM has been at the bleeding 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.

Join the growing number of organisations, including corporations, governments, legal and consultancy firms who are submitting their Non-Disclosure Agreements (NDA’s) Master Services Agreements (MSA’s) and Data Sharing Agreements (DSA’s) to IACCM’s formative global research designed to yield cutting-edge knowledge and drive fundamental change in contract design and the way contract principles, frameworks and solutions are developed and agreed.

"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 must realign on the actual purpose of standards. It is not to be armed for a 'war of templates'! It is to efficiently build solid common ground on the basics, to then fully and effectively focus on the business relationship and the desired business outcome!"
Dr. Dierk Schindler, M.I.L. (Lund), Head of EMEA Legal & Global Legal Shared Services, NetApp

Two Simple Ways to Participate:
  1. Submit a template/boilerplate or anonymized executed NDA, MSA or DSA
  2. Email multiple NDAs, MSAs or DSAs to Wendy Lawson at IACCM using a zip file.
 

If you submit your template/boilerplate NDA or MSA, you will receive:

If you submit an anonymized executed or series of executed NDA’s or MSA’s you will receive:

  • feedback which identifies norms based on the analysis of submitted templates and executed documents of that type together with other interesting statistics (e.g. levels of disparity between boilerplate and executed agreements).

If you submit a template or executed Data Sharing Agreement you will receive:

  • Access to the Framework for Data Sharing Agreements and the IACCM Clause Library related to the project and
  • The IACCM Data Sharing Agreement Guide that will complement the Framework and make it into an important business tool for the networked enterprise.

Please note that KMStandards will perform the data analytics on behalf of IACCM and that the DSA Framework will be published as open source (and will include the format of CommonAccord).