Course Objectives:

• Review Contract administration techniques
• Explore contract monitoring techniques
• Learn how to get fair treatment in contract changes
• Know how to analyze contracts
• Discuss contract termination issues
• How to prepare for claims and disputes
• Review acceptance and Contract close out issues

Course Outlines:

• Objectives of contract administration
  • Effective Contract Administration
  • The Most Critical Elements
  • Key Players In Contract Administration
  • Post Award Conference
  • Analysis Of The Contract
  • Establishing Major Deliverables
  • What Needs To Be Measured?
• Outputs and contract types
  • Typical Outputs Of Contract Administration
  • Monitoring Techniques
  • Identify The Risk
  • Responses To Risk
  • Contract Types
  • Administration In Cost Type Contracts
  • Economic Price Adjustments
  • Maintaining schedules and contract changes
• Maintaining Contract Schedules
  • Expediting Techniques
  • Major Causes Of Changes
  • Contract Price Changes
  • Evaluating Price Changes
  • Practical Considerations for Bonds and Guarantees
  • Types of Bonds and Guarantees
• Issues in contract performance
  • Contract Terminations
  • Service Level Termination Event
  • What Constitutes Breach?
  • Responding To A Breach
  • Right To Cover
  • Manuals And Drawings
  • Supplier/Contractor Relations
  • Sub-contractor Issues
• Acceptance and close out
  • Warranties
  • Source Code Escrows
  • Forms Of Payment
  • Progress Payments
  • Claims and Disputes
  • Negotiation Of Claims And Disputes
  • Final Acceptance
  • Close Out Procedures
  • Post Contract Review Meeting

Who Can Benefit?

• Contract Administrators.
• Project Coordinators.
• Contracts Officers and Managers
• Engineering Project Managers, Construction Managers.
• Tenders Managers Buyers, purchasing Managers.
• Project Managers
• Maintenance Mangers and Systems Managers

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