Contract Excellence for Non-Legal Professionals

Course Overview

This course will guide the professional that engage with contract with non- legal background. The contracting process need knowledge and skill,  to understand the contractual concept and activities in handling the contract preparation and management. This training course will explain the contract management, contractual agreements, contract preparation and implementation

The participant will be able to :

·       Describe the basic elements and phases of contracting

·       Understand the contract management including,  relationship between the parties different types of contracts and contract preparation

·       How to negotiate, implement the contract, management of change and resolution of disputes

Duration

 3 days

Who Should Attend

·       The professional such as, tenders, purchasing financial

·       Engineers

·       Project and Construction Supervisor

·       The professional who involved with project or contract

·       The person who interesting with contract management

Course Outline

Day 1 - Introduction and The Concepts in Contract Management

·       Elements of A Contract

·       What is Contract Management?

·       Legal Concepts Used in Contracts

·       Scope of Work

·       Terms and Conditions

·       Contracting Phases

·       Governing Law

·       Confidentiality

·       Privity of Contract

·       Subcontracting

·       Indemnities

·       Force Majeure

·       Payment Terms

·       Breach of Contract

·       Termination

·       Liquidated Damages

·       Service Level Agreement

·       Representations and Warranties

·       Covenants

·       Rights and Conditions

Day 2 - Types of Contractual Agreements and Contract Preparation

·       Fixed Price (Lump Sum) Contracts

·       Cost Reimbursable (Cost Plus) Contracts

·       Time and Material Contracts

·       Set-up Contracting Strategy

·       Prepare RFPs

·       Evaluating Proposals

·       Awarding Contract

Day 3 - Negotiation and claims

·       Implementation of the Contract

·       Assessing Performance

·       Management of Change

·       Negotiation, compromise, and settlement

·       Claims and Disputes