Managing Tenders, Specifications and Contracts
| Ref |
CM 470 |
| Dates |
26 - 30 September 2009 |
| Venue |
Oman |
| Fees |
US$ 3850 |
| CPE
Credits |
30 |
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 programme 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:
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Elements of a good procurement and competitive bidding process
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Developing high quality specifications
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Developing tender evaluation criteria
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Selecting the right contracting strategy
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Contract Preparation
WHO SHOULD ATTEND?
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Contracts, Purchasing, and Project personnel
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Engineering, Operational, and Maintenance personnel
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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
PROGRAMME OBJECTIVES
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Discuss Elements of Good Procurement Process
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Develop methods of Contractor Performance Measurement
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Learn methods of Tender Evaluation
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Review Contract Strategies
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Explore steps in Developing Performance Based Service Contracts
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See examples of important commercial Contract Clauses
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Be presented the Essential Elements Of A Contract
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Be given examples of Contract Checklist
TRAINING METHODOLOGY
Participants will increase competencies through a variety of instructional methods including lecture by an experienced practitioner and consultant, exercises, and group discussions covering current practices and their relationship to the implementation of new concepts.
PROGRAMME SUMMARY
Those involved in developing specifications, contract language, tendering, and bid evaluations understand well the significant challenges in this ever changing business environment. This programme is designed to increased the competencies of all those contributing to the acquisition process for equipment, materials, and services so that the significant cost, quality, and delivery improvements available from the undertaking of best practices will be achieved.
PROGRAMME OUTLINE
DAY 1 - Contracting Strategy
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Elements Of A Good Procurement & Competitive Bidding Process
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Selecting The Right Contracting Strategy
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The Importance Of The Contract
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Basic Types Of Project Delivery
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Types Of Statement Of Work
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Specification Check List
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Conduct Risk Assessment
DAY 2 - Evaluation and Contract Preparation
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Basic Contract Types
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Developing Tender Evaluation Criteria
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Value Model Of Total Cost Of Ownership
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Electronic Evaluations
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How Do You Know You Got A Good Price?
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Requesting Cost Breakdowns And Evaluations Of Cost Breakdowns
DAY 3 - Important Elements of the Contract
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Objectives Of The Contract
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Contract Check Lists
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The Important Integration Clause
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Inspection, Acceptance, Rejection
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Clauses For Defects In Material And Workmanship
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Performance-Based Service Contracts
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Penalty/Liquidated Damages Clause
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Clauses For Spare Parts
DAY 4 - Additional Important Contract Clauses
DAY 5 - Preparing The Contract For The Completion
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How Contracts May End
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What Constitutes A Breach?
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Remedies For Breach Of Contract
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Types Of Bonds & Guarantees
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Disputes Resolution Provisions
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Final Contract Review Process
To
Register on this seminar, please click
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