Developing a Contract Model Items Marks o (Beginning with a preamble (introduction) 2 o Recitals (presentations) 2 o Contact Information 2 o Words of agreement 2 . Statement of Work 14 o Performance Specifications o Technical Specifications o Design Specifications o Deliverables Type of Contract . Contract Payment . Contract Time / Delivery (Effective Date) . Terms and Conditions 52 o Confidentiality including the consequences of breach o Packaging o Testing & Training 4 o Inspection & Expenses 4 o Warranty / Time & Insurance 6 o Governmental Law at different levels, regulations, and permits o Types and Expense of Shipments & Delivery Specification 4 o Back Charges & Costs of Changes 2 o Intellectual Property 2 o Force Majeure 2 o Different Types of Terminations and Cure Time 10 o Types of Remedies o Dispute Resolutions 5 o Concluding with the signatures of the contracting parties . Consistency 10 . Submission format including table of content 2 Total 100