Introduction: Contracting today demands a highly‐skilled and professional approach. This holds true for design, construction and management service contracts in support of major projects where the technical complexities and risks call for special expertise to create and control appropriate contractual relationships.
The adoption of the right contract strategy to fit the circumstances has a vital role in ensuring the success of the project. Deciding who is best suited to conduct the various parts of the work, establishing and negotiating appropriate contract terms and conditions are important elements of that strategy.
This course is designed to teach the practical techniques and skills involved in contract tendering and awarding, which are important contracting processes.
The aim of this module is to provide comprehensive instruction on key issues, which different contracting authorities and contractors need to focus their attention on, from early planning to contract tendering and awarding under the prevailing laws.
The issues considered in the planning stage include: the definition of objectives; analysis of risks and likely costs; possible contract structures and types of pricing; technical and financial evaluation of potential contractors; invitations to tender; important contract terms and conditions; preparation and submission of bids; evaluation of bids; and contract negotiation and award.
Objectives: This course is designed to teach the practical techniques and skills involved in contract tendering and awarding, which are important contracting processes.
Who should attend: This workshop will benefit contractors, sub‐contractors, architects, building design engineers, civil engineers, employers, developers, supplies, contract managers, project managers, consultants, specification‐writers, government employees, public sector employees, public institutions, financiers, bankers, lawyers, legal advisors, arbitrators, mediators, insurance agents, buyers of construction, owners, developers, plant managers, real‐estate building managers, officials of government agencies responsible for bid calls, interior designers, contract administrators, specification writers, manufacturers, officers of construction associations, officers of project management firms and construction management firms, bond and insurance providers, as well as related university and technical college lecturers and students.
Daily Outlines: Project Life Cycle, Contract Documents, and Technical Specifications
1. The Project Life Cycle
2. Contract Documents
3. Technical Specifications of works
• Definition
• Purpose
• Project Parties (Users)
• How to write specifications
Construction Contracts and Legal Aspects
1. Standard Forms
2. Fixed‐Price/Lump‐Sum Contracts
3. Re‐measured (Fixed Unit Price) Contracts
4. Cost Plus (Cost Reimbursable) “CP” Contracts
5. Time and Material (T&M) Contracts
Tendering Methods and Processes
1. Tendering Methods
2. Tendering Processes
Tender Preparation and Conduct Procurements
1. Procurement Statement of Work
2. Qualified Contractors
3. Procurement Documents
4. Contractor Selection Criteria
5. Bidder Conferences
6. Independent Estimates
7. Expert Judgment
Tender Analysis, Evaluation and Negotiation
1. Tender Analysis and Evaluation
Understanding of Tender Evaluation Process
• Example of Post Tender Evaluation Report
2. Principles of Contract Negotiation
3. Negotiation Simulation: An Example
Contract Award
1. Contract Major Components
2. Terms and Conditions
3. Elements of a Legally Binding Contract
4. Contract Termination
5. Contract Provisions for Risk Allocation
