Contract Management and Tendering

Overview:

Introduction:

Contract management and tendering are critical processes that ensure structured procurement, fair competition, and compliance with regulations. Tendering refers to the formal process of inviting bids from suppliers or contractors to provide goods or services under a contractual agreement, ensuring efficiency and transparency. Effective contract management supports the execution of agreements, minimizes risks, and maintains project success. This training program covers the essential aspects of contract lifecycle management, tendering procedures, bid evaluation, and risk mitigation.

Program Objectives:

By the end of this program, participants will be able to:

• Analyze the key principles and processes of contract management and tendering.

• Assess structured approaches to developing and managing tendering procedures.

• Evaluate bids using objective selection criteria.

• Explore contract administration techniques for performance monitoring.

• Identify risks and strategies for dispute resolution in contract management.

Targeted Audience:

• Contract Managers.

• Procurement Officers.

• Project Managers.

• Bid Managers.

• Legal Advisors.

• Professionals involved in tendering and contract management.

Program Outline:

Unit 1:

Fundamentals of Contract Management:

• Key principles and objectives of contract management.

• The contract lifecycle from initiation to closeout.

• Roles and responsibilities in contract execution.

• Legal and regulatory considerations in contract drafting.

• Documentation and compliance requirements in contract management.

Unit 2:

Tendering Procedures and Compliance:

• Steps in the tendering process and bid solicitation.

• How to prepare and structure tender documents.

• Importance of ensuring compliance with procurement regulations.

• Strategies for maintaining fair and transparent bidding.

• The process of evaluating tendering methods for procurement needs.

Unit 3:

Bid Evaluation and Selection Criteria:

• Frameworks for establishing structured bid evaluation criteria.

• How to conduct assessments based on technical and financial aspects.

• Techniques for managing bid evaluation challenges and procedural risks.

• Approaches to effective negotiation with bidders.

• Awarding contracts and post-award obligations.

Unit 4:

Contract Administration and Performance Management:

• How to manage contract modifications and amendments.

• Tools for monitoring contract performance against deliverables.

• Ensuring compliance with contractual obligations.

• Key activities for handling supplier non-compliance and contractual disputes.

• Techniques for structured contract enforcement.

Unit 5:

Risk Management and Dispute Resolution in Contracts:

• Tools for identifying risks in contract execution.

• Frameworks for mitigating procurement and contract-related risks.

• The processes involved in addressing contract disputes and non-performance issues.

• Key activities for structuring negotiation strategies for dispute resolution.

• Risk assessment measures for contract sustainability.