Understanding Commercial Contracts Workshop

A major portion of organizational expenditure is on external goods and services. This workshop equips participants with the skills to manage tenders, develop specifications, evaluate bids, and prepare contracts effectively. Attendees will learn best practices to optimize procurement, contracting, and commercial outcomes, ensuring maximum value for their organization.

Participants will be able to:

• Identify and implement the elements of an effective procurement process
• Develop contractor performance measurement methods
• Apply tender evaluation techniques
• Review and select appropriate contract strategies
• Develop performance-based service contracts
• Understand key commercial contract clauses
• Utilize contract checklists for robust contract management

• Contract managers and officers
• Procurement and purchasing professionals
• Project managers involved in procurement or contracting
• Senior management responsible for sourcing and vendor relationships