Assessor Resource
BSBPUR402
Negotiate contracts
Assessment tool
Version 1.0
Issue Date: June 2024
This unit describes the skills and knowledge required to negotiate terms of contracts with suppliers, and prepare and finalise contracts.
It applies to individuals who negotiate contracts as part of a broad purchasing role but are not specialist legal practitioners. They are required to negotiate and formalise complex purchasing arrangements involving significant risk and/or significant expenditure and detailed legal and documentation arrangements and are typically guided by organisational contract negotiation guidelines. They work under minimal supervision of a senior purchasing manager or in consultation with senior management.
No licensing, legislative, regulatory or certification requirements apply to this unit at the time of publication.
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