Due diligence and contract clauses
A clause with no audit right and no joint test proves nothing
Ask the right questions before signing, and write clauses that stay executable when the relationship deteriorates. The course covers proportionate due diligence, the continuity clause set and verification mechanisms.
Learning objectives
- Build proportionate due diligence
- Draft a usable continuity clause set
- Provide verification mechanisms
- Avoid unenforceable clauses
Intended audience
- Lawyers
- Procurement
- Compliance
- Business lines
Prerequisites
- Third-Party Risk Fundamentals
Detailed curriculum
Module 1
Interrogate then contract
Fifteen questions, six clauses, three verifications.
Module 2
Upgrading an existing portfolio
Renegotiating contracts signed before the requirement, without blocking the business.
Assessment method
Self-check questions throughout the lessons, with no recorded score. Where an associated track leads to a certification, that certification has a separate exam.
Document issued
This course does not, on its own, lead to a certificate. A track certification, where one exists, is issued after its exam is passed.
Continuity & Resilience editorial team