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Effective Contract Administration, Claims Management and Negotiating Win-Win Settlements

Effective Contract Administration, Claims Management and Negotiating Win-Win Settlements

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Effective Contract Administration, Claims Management and Negotiating Win-Win Settlements

Objectives:

This program, provides a comprehensive practical briefing on the issues and details of effective contract administration, claims management and negotiating settlements through a unique multidiscipline (TechnicaI-LegaI-Management \ udit-Flnance) look at the issues. All Good Business Contract Decisions take into account Multi-discipline Inputs.

By program end the participant should be able to: understand good contract administration practices, understand the contractual issues on real contracts, understand the Technical-Legal-Management Concerns on Contracts, make correct interpretation of contracts, know when to seek legal opinion, identify situations that could lead to increased liability for his organisation, properly document situations to the extent required to protect his company's interests, recognize actions and inactions that lead to wastage of contract time resources. He will get a winning prospective of the Legal- Technical-Audit-Planning-Management concerns on the contract and be empowered to take the right win-win decisions.

Content:

Module 1:

  • The Management—Engineering-Legal-Scheduling-Audit Issues on Contracts.
  • Rights, Duties and Innplied Obligations of the Parties under:
    • Your Contract.
    • Under Local Laws Regulations.
    • Under International Law.
  • Rules and Doctrines of Precedence and Interpretation of Contracts Contractual Obligations:
  • As decided by Courts.
  • As applied by Arbitrators.
  • Interpretations during Contract Execution.

Module 2:

  • Making Tendering Procedures More Effective:
    • Predualification Procedure.
    • Tendering Procedure, Public Tender Law.
    • Tender/Bid Evaluation.
  • Transferring Risks not legally effective Just by Drafting...
    • When Risk Transfer is actually considered Complete in Law?

Module 3:

  • Advantages, Disadvantages and When to Use:
    • Cost Reimbursable Contracts.
    • Fixed Price/ Lump Sum, Bill of Quantities.
    • Construction Manager Contracts.
    • Single General Contractor, Multiple Prime.
    • Fast Track Contracting.
    • Turn Key Contract, EPC, BOOT.
    • Joint Ventures.
  • Design Supervision Contracts:
    • How to protect your interests.. the issues.
    • Selection, Managing, Audit Control of Consultant’s Design Activity.
    • Consultant Contracts: Analysis and Contract Administration. Conditions to Check for and Include to Protect Owner’s Interests.
    • Consultant’s Insurance, Exclusions Warranties.

Module 4:

  • Claims on projects
    • Nature of Claims.
    • Constructive Variations Issues.
    • Liability Establishment.
    • Causation Proof.
    • Damage Quantification.
  • Fair Reasonable Price Determination and Impact Calculation (VO’s Claims):
    • Direct Costs.
    • Indirect Costs, Overheads.
    • Other Contractual Factors to Consider.

Day 5

  • Managing Meetings For Negotiating Settlement of Disputes Claims Negotiating VO’s Claims:
    • Deadly Negotiating Skills.
    • Games/Tricks Others May Play.
    • Bargaining Strategies Tactics.
  • Dispute Resolution:
    • Options, Contractual Arrangement.
    • Settlement by Negotiations.
    • Mediation, Arbitration, Courts.
    • Cost-Benefit Considerations.
    • Management Audit Concerns.
  • Worthwhi|eVProject Closedown Reporting.

Who should attend?

  • 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.
  • Contracts managers and specialists
  • Personnel responsible for managing contracts to ensure their company achieves maximum benefit from the contract terms

Kuala Lumpur

# Price ($) From
d-m-Y
To Action
1 2,750 29-01-2018 02-02-2018 Enquire
Course Code:3339
2 2,750 19-03-2018 23-03-2018 Enquire
Course Code:3340
3 2,750 14-05-2018 18-05-2018 Enquire
Course Code:3341
4 2,750 30-07-2018 03-08-2018 Enquire
Course Code:3342
5 2,750 17-09-2018 21-09-2018 Enquire
Course Code:3343
6 2,750 12-11-2018 16-11-2018 Enquire
Course Code:3344

Istanbul

# Price ($) From
d-m-Y
To Action
1 3,250 18-02-2018 22-02-2018 Enquire
Course Code:3459
2 3,250 22-04-2018 26-04-2018 Enquire
Course Code:3460
3 3,250 17-06-2018 21-06-2018 Enquire
Course Code:3461
4 3,250 19-08-2018 23-08-2018 Enquire
Course Code:3462
5 3,250 21-10-2018 25-10-2018 Enquire
Course Code:3463
6 3,250 23-12-2018 27-12-2018 Enquire
Course Code:3464

London

# Price ($) From
d-m-Y
To Action
1 4,250 19-02-2018 23-02-2018 Enquire
Course Code:4774
2 4,250 23-04-2018 27-04-2018 Enquire
Course Code:4775
3 4,250 18-06-2018 22-06-2018 Enquire
Course Code:4776
4 4,250 20-08-2018 24-08-2018 Enquire
Course Code:4777
5 4,250 22-10-2018 26-10-2018 Enquire
Course Code:4778
6 4,250 24-12-2018 28-12-2018 Enquire
Course Code:4779