The contract is at the heart of all transactions for the procurement of goods, equipment, construction, and services. Yet repeatedly we see that many involved in the procurement and contracting processes would benefit greatly from a much better understanding of contracts in general and more specifically the meaning and application of the many Terms and Conditions contained in most contracts.

Procurement, contracts, purchasing, supply management, operational, maintenance and financial personnel at all levels involved in the contracting process for goods, equipment, and services.

Upon completion of this seminar, participants will know:

 How to obtain better outcomes from contracts
 Issues in developing and writing important contract clauses
 Clauses for contract changes
 How to analyze and understand contracts provisions
 Methods of managing risk
 How to prepare for claims and disputes
 Acceptance and warranty issues
 Types of contract payments
 Many contract Terms &Conditions

The organization will benefit by:

 Having a core of highly knowledgeable and skilled contract management
professionals
 Reducing commercial risk
 Improving the performance of contractors through better terms and conditions
 Reduced total cost of ownership for purchased materials, equipment, and
services
 Reducing the potential for costly claims and disputes
 Higher productivity of personnel involved in contracting activities
 Improved productivity of the entire organization by better contractor performance
 Greater strategic focus of those involved in the contracting process

Participants will benefit from learning:

 Best practices that increased recognition by the organization due to improved performance
 Methods to deal with the many issues involved in developing procurement
terms and conditions.
 Critical contract terms & conditions for many types of procurement
 How to write contract clauses
 Issues related to contract creation

Day 1

• 8:45 AM Registration
• 8:55 AM Welcome Remarks
• 9:00 AM Workshop/Training Starts
• 10:45 AM Morning Coffee Break
• 12:30 NN Lunch
• 1:30 PM Training Resumes
• 3:30 PM Afternoon Coffee Break
• 5:00 PM End of Training

Day 2

•  9:00 AM Workshop/Training Starts
• 10:00 AM Morning Coffee Break
• 10:15 AM Training Resumes
• 12:00 NN Lunch
• 1:00 PM Training Resumes
• 2:30 PM Afternoon Coffee Break
• 2:45 PM Training Resumes
• 5:00 PM Q & A and End of Training