Name: Tendering: Contract Preparation and Bid Evaluation
Start: 2019-11-03
End: 2019-11-07
Location: Dubai

Tendering: Contract Preparation and Bid Evaluation

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Why Attend

The overall aim of this course is to provide participants with the knowledge, concepts and skills needed to perform all the tasks required in the pre-award phase of a contract. The course covers different contract types and various contracting methods with concentration on tendering. Participants in this interactive course will learn essential tools and techniques used in analyzing submitted bids including preliminary examination, technical evaluation and commercial evaluation.

Course Methodology

This course relies on the use of individual and group exercises aimed at helping participants learn all key contract management activities. The course also features the use of a number of case studies, presentations and role plays by participants followed by plenary discussions. In addition, this course incorporates pre and post testing.

Course Objectives

By the end of the course, participants will be able to:

Outline the basic elements of contracting
List the major steps involved in contract preparation procedures including developing an effective scope of work, terms and conditions and sourcing strategy
Describe different types of contracts and discuss several contracting strategies including pricing
Evaluate in-depth the process of preparing tenders and selecting potential contractors
Use evaluation criteria to select the most appropriate contractors for the project

Target Audience

All those involved in any step of contract pre-award phase of the contracting process including personnel involved in determining the best contracting strategy, sourcing decisions and tendering. Meirc is assigned as a Registered Educational Provider (REP) with the Project Management Institute (PMI®). This program is worth 30 PDUs.

Target Competencies

Contract preparation
Tendering
Bids evaluation
Writing scope of work
Planning pre-award process
Understanding bidding process

Associations

Project Management Institute (PMI)®: Meirc is designated as a Registered Educational Provider (R.E.P.) with the Project Management Institute (PMI)®. As a result, Meirc is authorized to issue Category Three Professional Development Units (PDU) that can be used for the authorization to take the Project Management Professional (PMP)® certification exam and for maintaining the PMP credentials.

PMI and PMP are registered mark of the Project Management Institute, Inc.

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Chartered Institute of Logistics and Transport (CILT): Meirc is an Approved Training Provider (ATP) in the region for the Chartered Institute of Logistics and Transport (CILT). Established in 1919, CILT is the world’s leading supply chain, logistics and transport professional body with over 33,000 members across the globe. CILT seeks to add value to individual and corporate members by enhancing their knowledge, careers, and businesses by setting, supporting and delivering professional standards and education in the fields of logistics, transport and supply chain. By attending Meirc’s CILT accredited courses, participants can earn CPD units as well as attain modular unit award courses that can be combined for international certification

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Location & Date

3 - 7 Nov, 2019

Dubai

English

Meirc reserves the right to alter dates, content, venue and trainer.

Fees

Per participant

USD 4,800

Fees + VAT as applicable

Tax Registration Number : 100239834300003

(including coffee breaks and a buffet lunch daily)

Discount Plans & Cancellations Policy

Course Outline

Overview of contracts
- Elements of a contract
- Requirements of an offer
- Capacity and genuine assent
- Problems in preparing contracts
- Stages in contracting

Tendering
- Tendering objectives
- Invite potential bidders
- Tender briefing
- Receiving and opening of bids
- Recommendation report

Contract preparation
- Initiation phase
- Acquisition planning
- Set-up contracting strategy
- Contracting methods
- Drafting of scope of work
- Decision analysis worksheet
- Drafting fundamentals
- Implications of poor scope of work
- Terms and conditions
- Determining sourcing strategies

Contract types and strategies
- Fixed price (lump sum) contracts
  - Firm fixed contracts
  - Economic price adjustment
  - Incentive contracts
- Cost reimbursable (cost plus) contracts
  - Percentage of cost
  - Fixed fee
  - Award fee
  - Incentive fee
- Time and material contracts
- Intellectual properties
- Special forms of contracting
- International contracting
- Amendments

Bids evaluation and contract award
- Evaluation process
- Preliminary examination of bids
- Detailed examination of bids
- Commercial Evaluation
  - Value for money
  - Whole life costing
  - Most economic advantageous tender
- Technical Evaluation
- Scoring protocol
- Technical bid scoring
- Method of awarding contract

Contracts Management

Training Categories