Commission contract

Success Problem

What is the Commission Contract from the point of wiev of the project ma-nagement?

Impact

Commission contract engages the commissioner to establish for the principal payed contractual project management accomplishing juridical acts or other activities in his own name and on his own account.

Recommendation

The commissioner has in contrast with mandataire the title to reward only if he/she properly accomplishes the promised activities and reaches the project objectives. The commissioner is responsible for handling the project risks impacts, which is usually reflected in higher price of the contractual project management compared to mandate contract.

Category

• Procurement
• Negotiation