GOVLINK SOLUTIONS is an international Firm based in USA, with a solid capital base, sound management team as well as a dedicated work force who is committed to long lasting business relationship.
Call Us: +1-901-319-4995
Email:
info@govlinksolutions.com
Your Company Address
5285 Hurt Rd, Horn Lake, MS 38637. USA
COURSE OBJECTIVES:Upon completion of this course, participants will be able to:• 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
WHO SHOULD ATTEND?• Contracts, Purchasing, and Project personnel • Engineering, Operational, and Maintenance personnel • 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
COURSE CONTENT
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 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 BreakdownsImportant 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 PartsAdditional 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 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
