Training Course: Understanding and Implementing Contractual Obligations

PC4055 4 - 15 Jun 2023 Cost : 2800 € Euro
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Program Objectives:

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

  • Identify administration tools and the roles of the contract administrator.
  • Recognize the main contractual provisions and appreciate their effects on the implementation and management of future contracts.
  • Understand the importance of knowing contractual terms and conditions.
  • Review techniques for solving problems as well as partnering with contractors.
  • Discuss ways of using lessons learned.
  • Identify Alternative Dispute Resolution (ADR) and ways to resolve claims.

 

This Program is designed for:

All those involved in any aspect of implementing, managing or administering contracts; also those involved in any step of contract preparation and award for them to realize the importance of a well prepared contract. This program is worth 25 NASBA CPEs.

Program Outline:

Principles of Contracts

  • Definitions
  • Legal and Business Considerations
  • Difficulties

Administration Tools

  • Roles
  • Issues
  • Checklists
  • Calendars
  • Documents

Contractual Provisions Affecting Implementation

  • General Terms and Conditions
  • Exceptions to Terms
  • Special Terms and Conditions

Management of Contracts in Progress

  • Avoiding Problems: Importance of Communication
  • Know Your Contract
 

Risk Allocation

  • Hold Harmless Clauses
  • Types of Damages
  • Limitation of Liability

Contract Administration

  • Partnering
  • Problem-Solving versus Confrontation
  • Contract Interpretation

Claims and Change Orders

  • Legitimate and Not-So-Legitimate Claims
  • Variation and Change Orders

Lessons Learned

  • How, Who, Where and When

Dispute Resolution

  • Negotiation
  • Other Procedures

 

 

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