Training Course: Contract Preparation and Management

PC4060 10 - 21 Aug 2020 Cost : 2800 € Euro
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Program Objectives:

By the end of the program, participants will be able to:

  • Identify and discuss the major steps involved in contracting procedures.
  • Develop the scope of work and recognize the implications of a poorly prepared scope.
  • Discuss the contracting strategy including pricing.
  • Select contractors more efficiently.
  • Recognize and practice the tendering principles and process.

 

This Program is designed for:

All those involved in any step of contracting; also those involved in managing or administering contracts for them to have a full understanding of the contractual provisions they will be managing. This program is worth 25 NASBA CPEs.

 

Program Outline:

Principles of Contracts

  • Definitions of a Contract
  • Legal Considerations
  • Problems

The Contracting Stages

  • Preparation
  • Tendering
  • Contract Award
  • Contract Administration

The Scope of Work

  • Must and Want Criteria
  • Clarity and Completeness
  • Implications of a Poor Scope

Evaluation of Resources

  • Evaluation of Internal and External Resources

Types of Contracts

  • Legal
  • Corporate
  • Interim
 

Contract Price

  • Lump Sum versus Cost-Plus
  • Bonds and Financial Clauses

Selection of Contractors

  • Pre-Qualification
  • Continuous Rating and Evaluation

Tendering

  • Tender Documents, Procedures and Evaluation

Contract Award

  • Documentation
  • Control Procedures

 

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