Tendering Process & Contract Management
Course Outcome
Upon completion of this course, participants will be able to:
- Explain the fundamentals of the contracting process.
- Understand the tendering roadmap, identify opportunities and obstacles at each stage of the process.
- Gain a better understanding of the contract process.
- Understand the duties and responsibilities of parties in a construction contract.
- Understand the stages of contract and obstacles at each stage.
Course Content
- Introduction of Tender and Contract
- Fundamentals of tendering process
- Tendering flow chart
Requirement and tendering method in construction industry - History of contract
- Legal Context of Construction Contracts
- Parties in Construction: Obligation and liabilities
- Tendering and Bidding Stage
- How to prepare for successful bid
Compare supplier prices and prices. - The bidding processes.
- Evaluating the Bids: special criteria
- How to prepare for successful bid
- Tender Analysis
- Price analysis & Price adjustment
- Awarding the contract
- Documentation
- Contract Management in Construction Industry
- Stages of Construction Contract
- Instructions and variations
- Ambiguity in Contracts
- Practical Completion and defects
- Valuation of variation and Variation claims
- Payments and Final account
- Termination
- Dispute Resolution
