Managing Tenders Specifications Contracts Course in Contracts Management

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London
12 - 16 Jun 2023
20 CPD hours
$4,900.00

Overview
Course Outline
Scheduled Dates

Course Overview

A major portion of every organization’s operating cost is spent on outside goods and services. Based on this fact, executive management everywhere is determining that Managing Tenders, Specifications, and Contracts must emerge as a critical core competency if organizations are to increase revenue. This programme is designed to explore many of the best practices in the initial phases of contracting so that

participants will be able to implement the steps needed to create maximum total value for their organization.

Objective:

Discuss Elements of Good Procurement Process
Develop methods of Contractor Performance Measurement
Learn methods of Tender Evaluation
Review Contract Strategies
Explore steps in Developing Performance Based Service Contracts
See examples of important commercial Contract Clauses
Be presented the Essential Elements Of A Contract
Be given examples of Contract Checklist

Course Outline

Day 1 - Contracting Strategy

Elements Of A Good Procurement & Competitive Bidding Process
Selecting The Right Contracting Strategy
The Importance Of The Contract
Basic Types Of Project Delivery
Types Of Statement Of Work
Specification Check List
Conduct Risk Assessment

Day 2 - Evaluation and Contract Preparation

Basic Contract Types
Developing Tender Evaluation Criteria
Value Model Of Total Cost Of Ownership
Electronic Evaluations
How Do You Know You Got A Good Price?
Requesting Cost Breakdowns And Evaluations Of Cost Breakdowns

Day 3 - Important Elements of the Contract

Objectives Of The Contract
Contract Check Lists
The Important Integration Clause
Inspection, Acceptance, Rejection
Clauses For Defects In Material And Workmanship
Performance-Based Service Contracts
Penalty/Liquidated Damages Clause
Clauses For Spare Parts

Day 4 - Additional Important Contract Clauses

Today’s Challenges Regarding Force Majeure
How To Deal With Contract Changes
Methods Of Payment
Advance Payments
Progress Payments
Letters Of Intent

Day 5 - Preparing The Contract For The Completion

How Contracts May End
What Constitutes A Breach?
Remedies For Breach Of Contract
Types Of Bonds & Guarantees
Disputes Resolution Provisions
Final Contract Review Process

Schedule & Fees

2+1Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

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Contracts ManagementManaging Tenders, Specifications & Contracts

Course Overview

Course Outline

Schedule & Fees

2+1Offer

5 Days 20 CPD hours

$4,900.00

5 Days 20 CPD hours

$4,900.00

5 Days 20 CPD hours

$4,900.00

5 Days 20 CPD hours

$4,900.00

5 Days 20 CPD hours

$4,900.00

5 Days 20 CPD hours

$4,900.00

Speak to our friendly training advisor today

Shayma Said

CPD Standards

Why Choose London Training

Reliability

Support

Tailored

Quality

Recognition

Frequently Asked Questions

How can training courses be used as a company benefit?

How often do you update your course content to ensure relevancy?

Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Are your courses eligible for professional certification?

Related Courses

5 Days course 20 CPD hours

Upcoming 12 - 16 Jun 2023

$4,900.00

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Managing Tenders, Specifications & Contracts

Managing Tenders, Specifications & Contracts

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