Day 1:
Fundamentals of Engineering and Construction Contracts
Overview of engineering and construction project lifecycles and the role of contracts.
Types of contracts: Lump sum, cost-plus, unit price, and more.
Key elements of a contract and the importance of precision in drafting.
Conducting risk assessments and identifying critical project risks.
Day 2:
Contracting Strategies and Procurement Processes
Developing effective procurement and bidding strategies.
Evaluation criteria for contractor selection and bid analysis.
Drafting technical specifications and statements of work.
Ensuring transparency and fairness in procurement processes.
Day 3:
Risk Management and Dispute Resolution
Identifying and mitigating risks in engineering and construction contracts.
Handling force majeure and unforeseen circumstances.
Dispute resolution techniques: Negotiation, mediation, and arbitration.
Strategies for managing change orders and contract variations.
Day 4:
Performance Monitoring and Compliance
Establishing contract monitoring frameworks and KPIs.
Ensuring compliance with legal and regulatory standards.
Performance-based contracting and contractor accountability.
Addressing issues related to defects, delays, and liquidated damages.
Day 5:
Contract Closure and Certification
Finalizing and closing contracts, including documentation requirements.
Remedies for breaches of contract and resolving outstanding issues.
Conducting post-project evaluations to identify lessons learned.
Certification process and course wrap-up with key takeaways.
