Sample Contract Review Checklist
Prepared by: [YOUR NAME]
Date: [DATE]
Basic Contract Information
Task | Completed (✓) |
|---|
Confirm all parties' names and addresses are accurate | |
Ensure the contract title accurately reflects its purpose. | |
Verify the date of the agreement is correct. | |
Check for clear identification of the contracting parties. | |
Scope and Terms
Task | Completed (✓) |
|---|
Clearly define the purpose and scope of the agreement | |
Verify all deliverables, milestones, and deadlines are detailed. | |
Confirm that payment terms, amounts, and schedules are specified. | |
Ensure termination clauses are included and reasonable. | |
Obligations and Responsibilities
Task | Completed (✓) |
|---|
Outline each party’s obligations and responsibilities clearly | |
Check for compliance with industry standards and laws. | |
Confirm provisions for resolving disputes between parties are included. | |
Ensure consequences for failure to meet obligations are reasonable. | |
Legal and Financial Protections
Task | Completed (✓) |
|---|
Check for indemnification clauses to protect against liability | |
Ensure confidentiality and non-disclosure clauses are included (if applicable) | |
Verify force majeure clauses for unforeseen events. | |
Confirm warranties and representations are clearly stated. | |
Amendments and Termination
Task | Completed (✓) |
|---|
Check the process for amending the contract | |
Confirm grounds for contract termination are fair and explicit. | |
Ensure provisions for notice periods are reasonable. | |
Verify that conditions for renewal or extension are included (if applicable) | |
Payment and Financial Terms
Task | Completed (✓) |
|---|
Confirm payment terms, including due dates and amounts | |
Ensure late payment penalties or interest rates are specified (if applicable) | |
Verify tax and fee responsibilities are clarified. | |
Confirm refund and cancellation policies are included (if applicable) | |
Dispute Resolution
Task | Completed (✓) |
|---|
Check for provisions regarding arbitration or mediation | |
Ensure the governing law and jurisdiction are specified. | |
Verify the process for escalating disputes is practical. | |
Attachments and Supporting Documents
Task | Completed (✓) |
|---|
Confirm all referenced schedules, exhibits, and annexes are attached | |
Verify that all referenced documents are properly defined in the contract. | |
Ensure any required certifications or licenses are included. | |
Check for properly formatted and numbered pages, including annexes. | |
Execution and Signatures
Task | Completed (✓) |
|---|
Confirm all signatures are present and correctly placed | |
Verify that each party has the authority to sign the contract. | |
Ensure the signing date is recorded accurately. | |
Check for the inclusion of witness or notary requirements (if applicable) | |
Final Review
Task | Completed (✓) |
|---|
Proofread the entire document for spelling or grammatical errors | |
Verify the contract language is unambiguous. | |
Consult with legal counsel for a final review. | |
Distribute copies of the fully executed contract to all parties. | |
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