Management

Training Course: Contract and Tender Management


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MA234827

24 - 28 Feb 2025

Amsterdam (Netherlands)

Hotel : Grand Hotel Amrâth Amsterdam

Cost : 5250 € Euro

Introduction:

It is critical for any business to understand the concepts and business needs for communicating the needs and developing effective specifications.  The business needs to plan out the bidding process and contracts to derive the best outputs and also be aware of the legalities and practical issues regarding the tendering process. Appraising the various stakeholders about the actions and also should plan for risk management should unforeseen circumstances occur.

High-quality Contract and Tender Management are essential activities in achieving improved levels of performance for all organizations. Providing the high value-added activities available from contract and procurement operations requires the continuous involvement of knowledgeable professionals and management who understand and implement the best practices in Contract Management and Tendering for the acquisition of goods, equipment, and services

Target Audience:

  • Project Management Professionals

  • Contracts, Purchasing, and Project Personnel

  • Engineering, Operational, and Maintenance Personnel

  • And all others who are involved in the planning, evaluation, preparation, and management of tenders, specifications, awards, and contracts that cover the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities

Objectives:

At the end of this course, the participants will be able to:

  • Discuss elements of a good procurement process

  • 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 and sources of contract checklist

Targeted Competencies:

  • Developing tender evaluation criteria

  • Selecting the right contract type

  • Contract preparation

  • Contract management

  • Elements of a Good Procurement & competitive Bidding Process

Outlines:

Day 1

Contract Management and Tendering: When Does the Process Start? 

  • What you need to know to be competent at contract management

  • Elements of a good procurement and competitive bidding process

  • Standards of Ethical Practice

  • Example policy “relations with suppliers

  • Selecting the right contracting strategy

  • Types of statement of work

  • The importance of the contract

  • Basic contract types

  • Basic types of project deliver

Day 2

Developing The Tender: 

  • Objectives of the contract

  • Tender and contract checklists

  • The important integration clause

  • Inspection, acceptance, rejection

  • Clauses for defects in material and workmanship

  • Developing performance-based service contracts

  • Penalty/liquidated damages clause

  • Clauses for spare parts

Day 3

Important Elements of The Contract: 

  • Saving with economic price adjustment clauses

  • Force majeure clauses

  • Contract changes clauses

  • Methods of payment

  • Progress payments

  • Letters of intent, award, and side agreements

Day 4

Bidder Selection and Tender Evaluation:

  • Selecting the bidders

  • We want more than the lowest price

  • How do you know you got a good price?

  • Use of price indexes

  • Electronic evaluations

  • Requesting cost breakdowns and evaluations of cost breakdowns

Day 5

The criticality of good contract administration

  • Contract changes

  • Determining status and expediting

  • Contractor payments

  • How contracts end

  • Remedies for breach of contract

  • Types of bonds and guarantees

  • Negotiation tips

Management

Training Course: Contract and Tender Management


Register Now
Quick Inquiry
Discount Group Download Brochure (38)

MA234827

24 - 28 Feb 2025

Amsterdam (Netherlands) - Grand Hotel Amrâth Amsterdam

Hotel : Grand Hotel Amrâth Amsterdam

Cost: 5250 € Euro


  About Amsterdam

Amsterdam, capital of the Netherlands, is a popular destination amongst travelers from all around the world. Once just a little fishing village, Amsterdam is now a major international city after having become an important port during the 1600s. Throughout its history, the city has had many famous residents, including artists, philosophers and other historical figures. There is much to discover along Amsterdam's quaint streets and picturesque canals. So much so that a flight to Amsterdam comes with a guarantee of cultural and historical attractions that will provide memories to last a lifetime. Amsterdam is a hotbed of culture for travelers of all ages and tastes.


  Things to do and places to visit in Amsterdam

From the moment passengers step off their flight to Amsterdam, they will find it a friendly city with a lively atmosphere. Its flat geography means that it is perfect for exploring by bicycle. If you're feeling less active, it the city is also well-served by public transport. The so-called Venice of the North has something for every visitor. Culture vultures have museums, galleries and theaters to see, Families can visit the zoo or the Science Center NEMO.

When visiting Amsterdam, be sure to:

  • See the picture-perfect and colorful houses of the Grachtengordel district.
  • See the iconic works of one of Holland's most famous artists at the Van Gogh Museum.
  • Visit the house where Anne Frank and her family hid from the Nazis.
  • Browse through the extensive collection of fantastic art in the Rijksmusem.
  • Wander through the blaze of colors that is the Singel Flower Market.
  • See the city at a leisurely pace on a canal cruise.
  • Marvel at one of the city's many historic churches.
  • Learn about life aboard a ship at the National Maritime Museum.
  • Discover the Begijnhof's well-preserved medieval architecture.
  • See animals of all kinds, as well as the butterfly pavilion and aquarium, at the Artis Zoo.
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