Contractor Evaluation and Selection

Code Date City Fees Register
P025 August 26, 2024 - August 30, 2024 KualaLumpur $ 5000

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P025 December 22, 2024 - December 26, 2024 Dubai – UAE $ 5000

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P025 September 15, 2024 - September 19, 2024 Istanbul $ 5000

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Objectives

  • At the end of this Course , you are able to:
    • Explain the basic elements of effective contractor management and its position within asset management.
    • Evaluate bids and proposals and choose the right contractor.
    • Identify, evaluate and manage the risks involved (SHE, performance).
    • Manage & monitor the contractor performance in an innovative way.
    • Develop and negotiate contracts.
    • Achieve results on time, with less stress, through planning, prioritizing and delegating work
    • Manage and motivate others around them, to achieve the synergy of a great team
    • Analyse situations and habits that hinder their performance and identify techniques to overcome them
    • Achieve job success and satisfaction by setting and reaching short and long term goals linked to personal and company aims.

The Delegates

  • Operations & Maintenance professionals
  • Reliability, Asset & Plant professionals
  • All professionals involved in contractor management
  • All professionals negotiating, managing and verifying contracts in maintenance & technical projects
  • Production & Continuous Improvement professionals
  • Contract management teams
  • Facility management teams
  • Shutdown and Turnaround management teams
  • Anyone who wishes to update themselves on contractor management

The Contents

  • Contractor Management Basics :
    • Overview of contractor management and how it relates to asset management
    • Sourcing strategies
    • Risks involved – risk management & SHE aspects
    • Grounding the maintenance contract with a Risk Based Maintenance concept .
  • Contract Types for Maintenance & Technical Projects :
    • Contracts – basic types
    • Contracts – complex types (Turnkey, Design & Construct, Public Private Partnerships)
    • Procurement aspects
    • Choosing the right contractor
    • Monitoring & managing contractor performance – from traditional penalties & rewards to more innovative ways
  • Principles of Good Contracting :
  • Why do we use contracts?
  • Key steps in the creation of a Contract
  • Essential elements of a valid Contract
  • Overview of Tendering & Contract Award Process
  • Advantages of tendering and some pitfalls to avoid
  • Distinguishing price and values
  • Other Types of Obligation Documents
  • Bonds and guarantees
  • Letters of intent and award – are they contractual?
  • Letters of Comfort – Do they mean anything?
  • Side letters – why they can be dangerous
  • When to Obtain Legal Advice
  • Law of Agency
  • Authority to sign contracts
  • Organizing strategies for Contract Management
  • Defining Contract Management Responsibilities
  • Basic contract planning
  • Communication and managing expectations
  • Sources of Information Including the Internet
  • Contract Administration Technology Tools
  • Preparing for Effective Contract Administration:
  • Contracting methods available
  • Selecting the best contract type
  • Contractor or supplier pre-qualification
  • Risks and selecting the right contract structure
  • Assessing and allocating risk
  • Identifying Risk
  • Apportioning Risk
  • Incorporating Risk Assessment and Management
  • Selecting types of contract
  • Traditional – lump sum, schedule of rates, reimbursable etc
  • EPC
  • BOT/BOOT
  • Alliance/partnering
  • Warranty Management
  • Managing Change within a Contract
  • Understanding change
  • Changes to the contract documents
  • Variations in scope
  • Increases and decreases
  • Change in timing
  • Change in method of working
  • Managing change
  • Risks of uncontrolled change
  • Developing Contract Terms and Conditions
  • Finding Contract Templates
  • Using standard form documents
  • Modifying standard forms
  • Drafting special conditions
  • Issues for subcontracts
  • Eliminating sources of Contract disputes
  • Errors and omissions
  • Anticipating and avoiding Conflicts
  • Dealing with Unknowns
  • Tracking Changes
  • Managing Expectations
  • Resolving disputes
  • Negotiation
  • Stage processes
  • The need for compromise
  • Negotiation techniques
  • Litigation
  • Arbitration
  • Alternative Dispute Resolution
  • Expert determination
  • Early neutral evaluation
  • Mini-Arbitration
  • Mediation
  • Med/Arb and Arb/Med
  • Pendulum Arbitration
  • Dispute Review Board and similar arrangements
  • ISO 9000 and contract review.
  • Case studies.

Contract Management Review and Summary

The Discount

0% in case of Three P. (or more)

Course File

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2024-09-22T10:13:07+00:00