The folks over at Supply Management magazine, the magazine for CIPS members, has run a number of useful articles that may be helpful. In particular they point out that the doctrine of frustration may apply if you don't have a Force Majeure clause - or don't have a clause in it that specifically applies to Pandemics.
https://www.cips.org/supply-management/analysis/2020/march/coronavirus-what-you-need-to-know-about-force-majeure/
https://www.cips.org/supply-management/analysis/2020/march/coronavirus-ending-contracts-without-force-majeure/
If in doubt, have a look at your contracts - then talk to your Procurement Manager and lawyer (I'd suggest that way round - it might be cheaper).
No comments:
Post a Comment