Day 1:
Fundamentals of Construction Contracts and Procurement
Overview of construction contract types: FIDIC, NEC, JCT, and bespoke contracts
Legal principles and key clauses in construction contracts
The role of procurement in construction project success
Risk allocation and liability management in construction agreements
Day 2:
Tendering Procedures and Bid Preparation
The tendering process: Open, restricted, and negotiated tenders
Preparing bid documents and structuring requests for proposals (RFPs)
Prequalification of contractors and supplier selection criteria
Ethical considerations and compliance with procurement regulations
Day 3:
Bid Evaluation and Contract Award Process
Evaluation criteria: Technical, financial, and qualitative assessments
Value-for-money analysis and total cost of ownership (TCO) approach
Contract negotiation techniques for securing favorable terms
Finalizing contract awards and issuing letters of intent
Day 4:
Contract Administration and Performance Management
Monitoring contractor performance and enforcing contractual obligations
Managing contract variations, amendments, and extensions
Dispute resolution strategies: Arbitration, mediation, and litigation
Claims management and handling delays, defects, and penalties
Day 5:
Advanced Contract Management and Emerging Trends
Digital transformation in construction contracts: E-tendering and blockchain applications
Sustainability considerations and green procurement in construction projects
Lessons learned from case studies and real-world contract disputes
Best practices for ensuring long-term contract success and project sustainability
