Tender Management 2015

Program Summary
Good endings usually require good beginnings. This is particularly true for procurement activities where best practices in tender management, the beginning of the contracting process, an essential for a successful project outcome and minimization of total cost.

Program Payback
• Reduced Cost of Contracts for Materials & Services
• Reduced Risks In Contracting
• Higher productivity of Contracting Personnel
• Greater Strategic Focus Of those involved in Contracting
• The Tendering Process and the Major Steps that should be Followed
• Mitigation of Risk by Selection of Contract Type
• Methods of Selection and Qualifying Contractor
• The Criticality of the Statement of Work
• Terms & Conditions for Economic Price Adjustments
• Essential Elements of a Valid Contract
• Payment Type
• Major Points on Negotiations

Program Outline
• The tendering process
• Defining the Scope & Total Cost of Ownership
• Types of Contracts & Risks
• Structuring the contract
• Qualifying Suppliers & Price Evaluation
• Negotiation Planning and Strategies