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Objectives

• By the end of this course, participants will be able to:
  • Develop the ability to draft, negotiate and amend contracts
  • Improve awareness of the use of contracts in everyday business life
  • Display more confidence in dealing with contracting issues
  • Understand how contract clauses can be used to mitigate risk
  • Apply the latest international thinking in dispute resolution
  • Use the most effective and commercial ways to resolve disputes

The Delegates

• Contract Administrators, Contract Managers & Contract Professionals
• Supply officers, Buyers, Purchasing Professionals and Procurement Officers
• Project Co-ordinators, Project managers and other Project professionals
• Claims Personnel, including legal advisers
• Contract Strategists and Business Audit Officers

The Contents

• Introduction and course overview.
• How and Why Contracts are Drafted?
  • The key elements of a contract – ingredients and formation
  • Authority to contract and Agency issues
  • Terms and Conditions of contract
  • The structure of contracts – hierarchy of terms
  • Incorporating documents by reference and implied terms .
  • Whole agreement provisions?
  • Standard Forms – International and Company
• Main Contract Clauses – Allocating Risk
  • Operative provisions and performance  obligations
  • Remedies for default – rework/re-performance/damages and penalties
  • The balance of risk and title
  • Warranties, Indemnities and Insurance
  • Third party rights and privity
  • Liability in negligence .
  • Relationship with contract
• Main Contract Clauses – Managing Rights
  • Changing contract provisions.
  • Variations and changes to the scope of work
  • Suspension, termination and waiver
  • Protecting intellectual and other property
  • Payment risk ladders
  • Excluding and limiting liability
  • Which law to apply in international contracts
• Drafting Contracts and Securitising Performance Obligations
  • Writing Contracts – modern language and precedents
  • Incorporating collateral documents
  • Bank bonds and Guarantees
  • Letters of Intent or Award
  • Parent Company Guarantees
  • Letters of Comfort or Awareness
• Negotiation and Resolution of Disputes
  • Contract negotiation techniques
  • Dispute Resolution clauses
  • Litigation and Arbitration
  • Modern methods of resolving disputes
  • Final review and questions
• Course assesment .

Notes:

• Great Discount for companies and governmental Organizations .
• All programs are held in five star hotels .
• All lecturers have sufficient knowledge and experience to implement the programs at an optimal level .
• Large package of services is offered to the participants .

The Discount

10% in case of Three P. (or more)