Managing Tenders, Specifications & Contracts

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

3 For 2Offer

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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January
May
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November
December

Location

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Istanbul
London

Contracts Management

London

$4,900

Duration: 20 CPD hours (5Days)

date: 09 - 13 Oct 2023

Contracts Management

Istanbul

$4,900

Duration: 20 CPD hours (5Days)

date: 27 Nov - 01 Dec 2023

Contracts Management

Istanbul

$4,900

Duration: 20 CPD hours (5Days)

date: 04 - 08 Dec 2023

Contracts Management

London

$4,900

Duration: 20 CPD hours (5Days)

date: 11 - 15 Dec 2023

Contracts Management

London

$4,900

Duration: 20 CPD hours (5Days)

date: 08 - 12 Jan 2024

Contracts Management

London

$4,900

Duration: 20 CPD hours (5Days)

date: 13 - 17 May 2024

Contracts Management

London

$4,900

Duration: 20 CPD hours (5Days)

date: 12 - 16 Aug 2024

Contracts Management

London

$4,900

Duration: 20 CPD hours (5Days)

date: 07 - 11 Oct 2024

Contracts Management

Istanbul

$4,900

Duration: 20 CPD hours (5Days)

date: 25 - 29 Nov 2024

Contracts Management

Istanbul

$4,900

Duration: 20 CPD hours (5Days)

date: 02 - 06 Dec 2024

Contracts Management

London

$4,900

Duration: 20 CPD hours (5Days)

date: 09 - 13 Dec 2024

Contracts Management

Managing Tenders, Specifications & Contracts

Duration:5 Days (20 CPD hours)

date:09 - 13 Oct 2023

London

$4,900

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+44 2071836657

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