Negotiate the Contract - Draft, Negotiate and Review Contractual Provisions

An effective and smooth negotiation is one where both parties are on an equal footing in terms of access to information, technical expertise and an understanding of the available options.

A contract which is well-drafted, responsive to changing circumstances and fair to both parties is most likely to be sustainable and mutually beneficial to both parties.

Key Tools At This Stage, OpenLandContracts.orgModel Mining Development AgreementNPV Model to Analyze Concessionary ArrangementsHow to Understand Mining ContractsHow to Read and Understand Oil ContractsThe IISD Guide to Negotiating Investment Contracts for Farmland and Water

Implementation & Monitoring Stage: Monitoring