Tech for Witwater Negotiation Report: Outcomes, Success & Failures

This report details the negotiation between Witwater strategists and an IT firm (Furniture Vendor) for the 'Tech for Witwater' project, covering the period from June 2nd to June 14th, 2018. It outlines the impartial approach, information about the agreement, and the location and period of negotiations. The report highlights the benefits achieved, including establishing amicable grounds and identifying technology integration opportunities. Key objectives such as integrating technology, pinpointing weaknesses, and identifying market niches were addressed, leading to outcomes like leveraging technology in business and surfacing weaknesses. Concessions made during the negotiation include payment terms (three phases), a refund policy (50% refund for failure to deliver on time, 25% for failing to meet specifications), and service fee commencement (annual payment of 300 AUD for services). The report also addresses maintenance, website hosting, image authenticity, intellectual property, website content liability, promotional material rights, site launch efforts, and disclaimers. The negotiation is deemed successful due to mutually beneficial outcomes, although failures are not explicitly detailed.

NEGOTIATION REPORT
RFx: [Number] – [Name] Tech for Witwater
[TRIM Record Number] Date: 15th June 2018
Contact Details
Name: Alex Brandy Position: Managing Director
Business Unit: Furniture Vendor Email:[e-mail]
Phone: [phone] Division/Department: Management

Table of Contents
1. introduction
1.1 impartial
1.2 information about the indenture and parties.
1.3 Location and period.
1.4 Scrupulousness.
2.Negotiation Outcomes
2.1 Benefits.
2.2 Objectives.
2.3 Concessions.
3.Negotiation Reviews.
3.1 Success
3.2 Failures.

Introduction
1.1 Impartial.
The goal of this post-negotiation report is to document clearly what transpired between the
two parties involved and the respective outcome. The goal here is also to give an analysis of
the concert and point out the areas of possible improvements.
1.2 Indenture and parties.
Indenture No/RFx: Awit0015X
RFX Name: Tech for witwater
Officialdoms. Witwater strategists and the Managing
director
1.3 Location and period.
Location and period logistics were as follows;
Setting of dialogues Board and boardroom meetings.
Negotiation commence date 2nd June 2018
Negotiation finale date 14th June 2018
Number of assemblies Twelve assemblies
Date of assemblies 2nd -14th June 2018
1.4 scrupulousness.
Probity is a key thing in any business transactions and especially in the negotiations and
coming into a consensus or an agreement. Probity will show the evidence of the existence of
ethical practices in the negotiations.
There were no any probity concerns in the negotiation.
2. Negotiation Outcomes.
2.1 Benefits.

Below are the obtained benefits of the negotiations; amicable grounds for the two
of our organizations. The negotiations culminated into a neutral ground of services
and payments.
2.2 Objectives.
With respect to our own objectives, the negotiation brought about the following
outcomes;
OBJECTIVE OUTCOME
To find out how we can integrate
technology into our services.
The outcome here is eminent as it
shows the technology can largely be
used in our business.
To point out our areas of weakness. With our partnership with the IT firm
our weaknesses were loudly brought to
surface
To identify the market niches. This was also met though not largely
but other opportunities surely surfaced
themselves.
2.3 Concessions.
As a result of our negotiations, we came to the following agreements in our pact;
Venture terms.
Payments can be made in three phases which are,pay half before the
commencement of the web design, pay 25% as soon as you approve the design of
the web, pay the remaining amount once you have the domain name.
Refund policy.
Refund of 50% will be given if the firm fails to deliver the project in agreed time
frame and 25%of the paid amount will be refunded if the firm fail to deliver the
website with agreed specifications.
Service Fee
Commencement.
To resolve any difficulties pertaining to website can be availed by making an annual
payment of 300 AUD for services.
Maintenance
The IT department will intimate the client prior to carrying out any maintenance activity of
the website.

Website Hosting
It is the duty of the IT Business to enlist the area name as favoured by the customer
relying upon the accessibility which would cost 150 AUD for 2 years which additionally
incorporates giving the client cloud based administration for their site.
Website images
The IT business in any way won't be considered responsible to confirm the realness of the
pictures.
Intellectual property
Though codes and programming carried out by the company remains the intellectual
property of our enterprise.
Website content
We are not accountable for any activity carried out by the business.:
Promotional material
We reserve the right to use the design of your hotel website for our future sample.
Site launch
The IT enterprise will make efforts to launch the internet site with the professional domain
title on the date requested by the client.
Liability
Though we agree with that the website is extraordinarily secured from the action of the
hackers, viruses and other threats on the internet but we do now not provide any
guarantee for the same
Disclaimer
The IT Business will not give any warranty in respect of their offerings.
Jurisdiction
Both the parties of the agreement are under the jurisdiction of the law formulated for the
New South Wales.
3.Negotiation Reviews.
3.1 success.
The negotiation was successfully as the two parties got what they wanted individually.
3.2 Failures.