CLICK ABOVE to learn more about the SPSM - Senior Professional Supply Management Certification

Force Majeure

What on earth is Force Majeure?

It's an exclusion of liability clause that relieves parties of their obligations under the contract in the case of unavoidable events such as floods, war, political unrest to name a few.

It is French for 'Superior Force'. You will find a clause of this kind in most contracts.

Related Procurement Topics:

BoilerPlate

Standard T & C's

Time is of the Essence

Develop your skills with an Online Course