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Managing Tenders, Specifications & Contracts

Managing Tenders, Specifications & Contracts

LOGISTICS, PURCHASING AND SUPPLY CHAIN


Managing Tenders, Specifications & Contracts

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 thatparticipants 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

Objectives:

  • 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

Contents:

Module 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

Module 2 — Evaluation and Contract Preparation

  • Basic Contract Types
  • Developing Tender Evaluation Criteria
  • Value Model Of Total Cost Of Ownership
  • Electronic Evaluations
  • How Do You Know You Got A Good Price?
  • Requesting Cost Breakdowns And Evaluations Of Cost Breakdowns

Module 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

Module 4 — Additional Important Contract Clauses

  • Today's Challenges Regarding Force Majeure
  • How To Deal With Contract Changes
  • Methods Of Payment
  • Advance Payments
  • Progress Payments
  • Letters Of Intent

Module 5 - Preparing The Contract For The Completion

  • How Contracts May End
  • What Constitutes A Breach?
  • Remedies For Breach Of Contract
  • Types Of Bonds & Guarantees
  • Disputes Resolution Provisions
  • Final Contract Review Process

Who should attend?

  • Contracts, Purchasing, and Project personnel
  • 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.

Kuala Lumpur

# Price ($) From
d-m-Y
To Action
1 2,750 15-01-2018 19-01-2018 Enquire
Course Code:3285
2 2,750 19-03-2018 23-03-2018 Enquire
Course Code:3286
3 2,750 21-05-2018 25-05-2018 Enquire
Course Code:3287
4 2,750 16-07-2018 20-07-2018 Enquire
Course Code:3288
5 2,750 17-09-2018 21-09-2018 Enquire
Course Code:3289
6 2,750 19-11-2018 23-11-2018 Enquire
Course Code:3290

Istanbul

# Price ($) From
d-m-Y
To Action
1 3,250 11-02-2018 15-02-2018 Enquire
Course Code:3411
2 3,250 08-04-2018 12-04-2018 Enquire
Course Code:3412
3 3,250 10-06-2018 14-06-2018 Enquire
Course Code:3413
4 3,250 12-08-2018 16-08-2018 Enquire
Course Code:3414
5 3,250 07-10-2018 11-10-2018 Enquire
Course Code:3415
6 3,250 09-12-2018 13-12-2018 Enquire
Course Code:3416

London

# Price ($) From
d-m-Y
To Action
1 4,250 12-02-2018 16-02-2018 Enquire
Course Code:4726
2 4,250 09-04-2018 13-04-2018 Enquire
Course Code:4727
3 4,250 11-06-2018 15-06-2018 Enquire
Course Code:4728
4 4,250 13-08-2018 17-08-2018 Enquire
Course Code:4729
5 4,250 08-10-2018 12-10-2018 Enquire
Course Code:4730
6 4,250 10-12-2018 14-12-2018 Enquire
Course Code:4731