Contracts Administration | From Award to Completion

Once a contract has been awarded – particularly in capital projects, such as construction – how do you ensure that what you contracted for is what gets delivered? How do you monitor a service provider’s performance or a vendor’s product delivery to ensure timely and high quality results? How do you make sure that if your requirements change, that the financial, quality and schedule impacts of change are acceptable?

All employees involved in the contracting process need to be able to deploy best practices in post-award contract administration to enable their organisations to get the full benefit from procurement activity.

Included in this fast paced Contracts Administration training course to show renewed emphasis on this critical phase of contract management are:

• Effective Contract Administration
• Managing Contract Risks
• How to interpret Contract Wording
• Maintaining Contract Schedules
• Controlling Contract Changes

TRAINING OBJECTIVES

This EuroMaTech training course aims to enable participants to achieve the following:

• Be able to provide better outcomes from contracts
• Update their Contract administration techniques
• Monitor contract performance
• Manage the contract change process
• Know how to analyse contract obligations and risks
• Manage contract default, and consider remedies including termination
• Prepare for contract claims and disputes
• Review acceptance and Contract close out issues