Monday 24 November 2014

IDEA•2 – the go-to shop for Marine Contracts

Have you ever needed to arrange a BIMCO contract but been at a loss about how to make sure that your contracts are authentic and comply with all the right legislation? It’s worth taking a look at IDEA•2, an online portal that lets you download standard maritime contracts with all the potential clauses you could possibly need. IDEA•2.

It’s a really useful web based portal that you can use to get access to the whole range of BIMCO’s standard contracts and clauses, all based around IDEA•2 is built a secure online version of Microsoft Word 2010.

All you have to do to create a BIMCO standard contract is create a company account and log into it, find the template you want to use and type into it. Although it’s not essential to be a member to use the contract templates, you can save a lot of money if you do set up an account so we recommend it. It’s compatible with Windows and Apple computers and you can access your documents from any computer and anywhere that has Internet access.

The files are stored on BIMCO’s highly secure web servers, and they even make sure that they are regularly backed up, and that the latest versions of all templates are always available. The whole point of a service like this is to give businesses secure and authentic copies of BIMCO contracts, saving time on having to proof check them all. You can edit the contracts to your needs but any changes will show up on the final agreed document so that all parties know where they stand, and whether there have been any changes to the standard wording.

It’s a great idea (see what we did there) and it makes life so much easier and less complicated for any business that wants to draft a contract securely and in the knowledge that they will be including all the relevant clauses. Why not give it a try?

For more information about the product, check out the website: https://www.bimco.org/Products/idea_2.aspx

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