Firms bid for £500 m tram contract

Mathias D’Hondt2RP 2

English for law practice

Slidecast - English for law practice 2

Introduction

General information

Contract parties

Formation of a contract

Reactions of the contract

Comment of a city councillor

My view on this case13/11/2009

Slidecast - English for law practice 3

General informationnegotiation of a contract

contract between Government and international companies

subject: tram network

price: £ 500m

13/11/2009

Slidecast - English for law practice 4

Contract parties

Meeting between:

1st party The government

2nd party interested companies

13/11/2009

Slidecast - English for law practice 5

Formation of a contract

1st step: offer and acceptanceGovernment offers shares

2nd step: consideration

3rd step: intention to be legally bound

13/11/2009

Slidecast - English for law practice 6

Formation of a contract

4th step: third parties Companies can buy a share

5th step: formalities and writing

13/11/2009

Slidecast - English for law practice 7

Reaction of the contract

Boost to local economy

Local companies involved

Creation of 800 jobs

13/11/2009

Slidecast - English for law practice 8

Comment of a city councillor

Jane Urquhart

Experience from international companies

Local companies will involved in future

Project take of in 2011 – and end in 2014

13/11/2009

Slidecast - English for law practice 9

My view on this case

international companies give experience Dealt many times with these problems

Better for the economy

Local companies learn from the international companies

Win – win situation

13/11/2009

Slidecast - English for law practice 10

My view on this case

tough decision and discussion

game of betting each other

Local companies become more competitive

13/11/2009