Conferences

Conference: Managing Tenders, Specifications & Contracts


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CO8123

2 - 6 Jun 2024

Istanbul (Turkey)

Hotel : DoubleTree by Hilton Istanbul Esentepe

Cost : 5775 € Euro

Introduction

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 seminar 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. Included in the vast number of topics that brings increased professionalism to these important functions are:

  • Elements of a good procurement & competitive bidding process
  • Developing high-quality specifications
  • Developing tender evaluation criteria
  • Selecting the right contracting strategy
  • Contract preparation

Conference Objectives of Managing Tenders, Specifications & Contracts

Participants attending the program will:

  • 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

Conference Methodology of Managing Tenders, Specifications & Contracts

Participants will increase competencies through a variety of instructional methods including a lecture by an experienced practitioner and consultant, exercises, and group discussions covering current practices and their relationship to the implementation of new concepts.

Organizational Impact of Managing Tenders, Specifications & Contracts

The organization will benefit by:

  • Having better outcomes in commercial transactions.
  • Seeing improvements in the performance of contractors.
  • The lower total cost of ownership for materials, equipment & services.
  • Better trained contract personnel leading and guiding the contracting process.
  • Continuous improvement in customer service.
  • Higher productivity of personnel involved in contract activities.

Personal Impact of Managing Tenders, Specifications & Contracts

Attendees will gain by participation in this program as a result of:

  • Mastering skills in managing complex contract activities.
  • Greater ability to develop professionally.
  • Increased job satisfaction and progress toward advancement.
  • Receive increased recognition by their organization.
  • Improved performance in leading, planning, and managing the entire contract process.
  • Greater confidence in Managing the tendering specifications and contracts process.

Conference Outlines of Managing Tenders, Specifications & Contracts

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
  • Managing the Risk

Day 2: Evaluation and Contract Preparation

  • Basic Contract Types
  • Economic Price Adjustments
  • Developing Tender Evaluation Criteria
  • Value Model Of Total Cost Of Ownership
  • Electronic Evaluations
  • Technical & Commercial 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
  • Applicable Law
  • How To Deal With Contract Changes
  • Payment Considerations
  • Methods Of Payment
  • Advance Payments
  • Progress Payments
  • Letters Of Intent

Day 5: Preparing the Contract for the Completion

  • Status Reporting Clause
  • Buyers Rights before Performance is Due
  • How Contracts May End
  • Termination for Convenience
  • Types of Bonds & Guarantees
  • Disputes Resolution Provisions
  • Other Contract Clauses List
  • Final Contract Review Process

Conferences

Conference: Managing Tenders, Specifications & Contracts


Register Now
Quick Inquiry
Discount Group Download Brochure (16)

CO8123

2 - 6 Jun 2024

Istanbul (Turkey) - DoubleTree by Hilton Istanbul Esentepe

Hotel : DoubleTree by Hilton Istanbul Esentepe

Cost: 5775 € Euro


  About Istanbul

Few places compare to the vibrant, cosmopolitan city of Istanbul, whose enormous size straddles both Europe and Asia, forming a bridge between western and eastern cultures. Resting upon the natural harbor of the Golden Horn, the skyline of the once-Constantinople is pierced with minarets and ancient monuments that embody centuries of history. While it is brimming with historical landmarks and colorful markets, modern Istanbul is also well represented through its contemporary art scene, European-style café culture, world-class dining venues.


  Things to do and places to visit in Istanbul

Istanbul is teeming with attractions and landmarks from historic sights and unique cuisine to lively markets and unmistakable culture. It is a thriving city, with a myriad of things to do that skillfully manage to blend every aspect of both the contemporary and the historical world.

On a city break in Istanbul be sure to:

  • Visit a hammam, a traditional Turkish bath, whose origins date back to Roman times.
  • Marvel at the Hagia Sophia, Süleymaniye Mosque and Blue Mosque, Istanbul's most spectacular monuments that dominate the skyline.
  • Explore the Topkapi Palace Museum, one of Istanbul's most visited museums, home to over 80,000 artifacts.
  • Walk through the Basilica Cistern, an underground marvel built in the 4th century.
  • Be dazzled by the Grand Bazaar, one of the world's oldest and largest covered markets.
  • Go shopping for exotic products and Turkish delights in the Spice Bazaar.
  • Cross the bridge connecting Europe and Asia against the backdrop of the Bosphorus, or take a Bosphorus cruise.
  • Taste the diversity and flavor of Turkish cuisine.
  • Admire panoramas of the city from the Galata Tower.
  • Walk through Taksim Square, the city's dynamic square that never sleeps.
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