ICC Task Force on Global Sourcing Contracts

Global sourcing is the process of contracting to have work done outside a business that could be done by the organization itself. The work can either be work that is currently being done by the organization, or it may be a project that is new to the organization.

Global sourcing enables companies to transfer non-core activities and improve their competitiveness by using third-party suppliers. Increasingly, sourcing is taking place across geographical and legal boundaries.

ICC's Commission on Commercial Law and Practice (CLP)   has created a Task Force on Global Sourcing Contracts to develop an ICC Legal Handbook on Global Sourcing Contracts.

Representing companies of all sectors and sizes from both developing and developed countries, ICC is uniquely positioned to provide balanced legal guidance on how to legally structure such transactions.

The audience for the ICC Legal Handbook would be in particular small- and medium-sized enterprises (SMEs), without an in-house legal department, looking to either act as client or supplier in a global sourcing transaction.

The membership od the task force is diverse and includes representatives of companies from many sectors and sizes, and from countries of different stages of development.

The task force is chaired by Michael Hancock , a partner in the Istanbul and Paris offices of Salans where he concentrates primarily on information technologies and infrastructure projects. Mr Hancock has substantial experience with IT and other global sourcing agreements.