CONTRACTS, BIDS & TENDER ADMINISTRATION

This Advanced Contracts, Tendering Procedures & Bid Evaluation training course will examine all the input that has influence and direct impact on tendering procedures and bid evaluation. The key elements include understanding business need, market analysis, supply chain cost modelling, contracting strategy, and contract award up to and including contract initiation.

The course is designed for buyers, suppliers and contract analysts who need high competence in writing bids, delivering and managing tenders of varying complexities.

Acquiring the competence can win lucrative contracts from governments, in oil and gas, construction, manufacturing, even from international institutions. Whether it is a tender for projects or supply of goods or services, tender evaluation and contract preparation need to be addressed in a structured and disciplined manner.

The course sets the complete tender cycle into context in relation to the development of contract strategy, identification of appropriate pre-qualified contractors, contract design, the tender process and contract award.

Upon completing the course, learners will have a deeper understanding of what works in the workplace, including a toolkit of best practices for Contracts, Tendering Procedures & Bid Evaluation.

Course Highlights / Benefits

*               Selecting the right market approach

*                Formulating the best-fit contracting strategy

*                Planning and managing a tender process

*                How to optimize the interaction between Requesting Departments and Procurement teams

*                How to prepare for and conduct professional negotiation with suppliers