Managing Tenders, Specifications & Contracts
Course Description
A major portion of every organization’s operating cost is spent on outside goods and services. Based on this fact, executive management everywhere is determining that Managing Tenders, Specifications, and Contracts must emerge as a critical core competency if organizations are to increase revenue. This program is designed to explore many of the best practices in the initial phases of contracting so that participants will be able to implement the steps needed to create maximum total value for their organization.
The Training Course Will Highlight ?

Included in the vast number of topics that brings increased professionalism to these crucial functions are:
❖ Elements of a good procurement & competitive bidding process
❖ Developing high quality specifications
❖ Developing tender evaluation criteria
❖ Selecting the right contracting strategy
❖ Contract Preparation

Training Objective

By the end of this training course, participants should 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
❖ Presented the Essential Elements of a Contract
❖ Given examples of Contract Checklist

Target Audience

This training course is suitable to a wide range of professionals but will greatly benefit:
❖ This training course is suitable to a wide range of professionals but will benefit:
❖ Contracts, Purchasing, and Project personnel.
❖ Engineering, Operational, and Maintenance personnel

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

Module One: 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


Module Two: 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 Breakdowns


Module Three: Important 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 Parts


Module Four: Additional 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


Module Five: 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

Accreditation

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

Quick Enquiry

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Course Rounds : (5 -Days)


Code Date Venue Fees Register
PM162-01 11-05-2025 AlKhobar USD 5450
PM162-02 18-08-2025 Istanbul USD 5950
PM162-03 28-09-2025 Dubai USD 5450
PM162-04 23-11-2025 Dubai USD 5450
Prices doesn't include VAT

UpComing Date


Details
  • Start date 11-05-2025
  • End date 15-05-2025

Venue
  • Country Saudi Arabia
  • Venue AlKhobar

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

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

Strengths and capabilities

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

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