Course Description:

This 5-day course is designed to take the participant from the time the requirement is defined and a contract is desired thru the major steps of the tendering process that conclude with contract placement and finally with the successful management of the contract and project conclusion. It covers bidding process, how to write high quality specifications, how to evaluate tenders, how to Select the right contracting strategy, and contract preparation

Course Goal:

To enhance the participants’ knowledge, skills and abilities necessary to exploring and examining effective practices and applications based on world-class performance in managing tenders, specifications and contracts

Course Objectives:

By the end of this workshop the participant will be able to:

1. Discuss the key elements of procurement process
2. Measure contractor performance
3. Evaluate tender
4. Review contract strategies

Course Outline

• Contracting Strategy

1. Types of Contracts
2. The Importance of Contracts and Contracting
3. Procurement and Bidding Process
4. How to Contract Strategy
5. Basic Types of Project Delivery
6. Types of Statement of Work
7. Specification Check List
8. Risk Assessment

• Elements of the Contract

1. Objectives of The Contract
2. Contract Check Lists
3. Integration Clause
4. Inspection, Acceptance, Rejection
5. Clauses For Defects In Material And Workmanship
6. Performance-Based Service Contracts
7. Penalty/Liquidated Damages Clause
8. Clauses For Spare Parts
9. Force Majeure
10. Contract Changes
11. Methods of Payment
12. Advance Payments
13. Progress Payments
14. Letters of Intent

• Contract Preparation and Evaluation

1. Tender Evaluation Criteria
2. Cost Breakdown and its Evaluations

• Contract Completion

1. How Contracts May End
2. Breach of Contract
3. Bonds & Guarantees
4. Disputes Resolution Provisions