Contracts Administration: From Award to Completion
Course Description
The objective of every organization is that the contracting process results in a fair and reasonable price for a high quality on time deliverable. To meet this objective, world-class organizations view the application of best practices in contract administration after the award as being essential skill sets needed by all employees involved in the contracting process.
The Training Course Will Highlight ?

Included in this fast paced programme to show renewed emphasis on this critical phase of contract management are:

  • Effective Contract Administration
  • Interpretation of Contracts
  • Maintaining Contract Schedules
  • Controlling Contract Changes
Training Objective

Participants attending the programme will:

  • Be able to provide better outcomes from contracts
  • Review Contract administration techniques
  • Explore contract monitoring techniques
  • Learn how to get fair treatment in contract changes
  • Know how to analyze contracts
  • Discuss contract termination issues
  • How to Prepare for claims and disputes
  • Review acceptance and Contract close out issues
  • Study the Inputs and outputs in contract administration

Target Audience

  • Contract Administrators, Project Coordinators, Contracts Officers and Managers
  • Engineering Project Managers, Construction Managers, Tenders Managers
    Buyers, Purchasing Managers, Project Managers
  • Maintenance Mangers and Systems Managers and all others in organizations whose leadership want world-class skills sets in those involved in contract administration activities
  • The programme is a great way to develop those new to the function, prepare for a major project, or useful as a refresher for veterans

Training Methods

This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas and will include;

  • Lectures
  • Workshop & Work Presentation
  • Case Studies and Practical Exercise
  • Videos and General Discussions

Daily Agenda

DAY 1 - Objectives of Contract Administration

  • Effective Contract Administration
  • The Most Critical Elements
  • Key Players In Contract Administration
  • Post Award Conference
  • Analysis Of The Contract
  • Establishing Major Deliverables
  • What Needs To Be Measured?

DAY 2 - Outputs and Contract Types

  • Typical Outputs Of Contract Administration
  • Monitoring Techniques
  • Identify The Risk
  • Responses To Risk
  • Contract Types
  • Administration In Cost Type Contracts
  • Economic Price Adjustments

DAY 3 - Maintaining Schedules & Contract Changes

  • Maintaining Contract Schedules
  • Expediting Techniques
  • Major Causes Of Changes
  • Contract Price Changes
  • Evaluating Price Changes
  • Practical Considerations for Bonds & Guarantees
  • Types of Bonds and Guarantees

DAY 4 - Issues in Contract Performance

  • Contract Terminations
  • Service Level Termination Event
  • What Constitutes Breach?
  • Responding To A Breach
  • Right To Cover
  • Manuals And Drawings
  • Supplier/Contractor Relations
  • Subcontractor Issues

DAY 5 - Acceptance and Close Out

  • Warranties
  • Source Code Escrows
  • Forms Of Payment
  • Progress Payments
  • Claims and Disputes
  • Negotiation Of Claims And Disputes
  • Final Acceptance
  • Close Out Procedures
  • Post Contract Review Meeting
Accreditation

BTS attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.

Quick Enquiry

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Course Rounds : (5 -Days)


Code Date Venue Fees Register
PM153-07 30-06-2024 Dubai USD 5450
PM153-08 23-09-2024 Geneva USD 6950
PM153-09 16-12-2024 Indonesia USD 5950
Prices doesn't include VAT

UpComing Date


Details
  • Start date 30-06-2024
  • End date 04-07-2024

Venue
  • Country UAE
  • Venue Dubai

Quality Policy

 Providing services with a high quality that are satisfying the requirements
 Appling the specifications and legalizations to ensure the quality of service.
 Best utilization of resources for continually improving the business activities.

Technical Team

BTS keen to selects highly technical instructors based on professional field experience

Strengths and capabilities

Since BTS was established, it considered a training partner for world class oil & gas institution

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