Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Contracts: Bidding, Evaluation, Negotiation and Award Course

By: Francis Consulting

Abuja FCT, Nigeria

29 Apr - 02 May, 2024  4 days

Follow Event

  

NGN 300,000

Venue: Lap New World Hotel Jabi Abuja Nigeria

Every commercial project needs a professional contracting approach if it is to achieve its objectives. There are many aspects of the job to consider: the procurement processes must be transparent, efficient, and well managed; the right commercial contract model needs to be selected; the company must make sure it chooses an able and affordable contractor; the scope of work must be well defined. The risks must be appropriately divided between the parties, and the consequences of late or poor performance must be reflected in the contract and managed appropriately. The contract must be administered effectively to keep the job on track, and if changes are required, the contract should facilitate the variations.

The Contracts: Bidding, Evaluation, Negotiation and Award training course will cover all different aspects of bidding, to help participants become better aware of the activities incorporated in the bidding process, bid evaluation negotiation and contract award.

Important Features

  • The important features of the Contracts: Bidding, Evaluation, Negotiation and Award training course are:
  • Determine various risks associated with preparing the bid package.
  • Implement a dynamic and ethical evaluation criterion.
  • Understand the importance of ethics in the bid process.
  • Improve the negotiation skills to get the win-win result.
  • Effective management of pre- and post-contract activities

Learning Objectives

By the end of the Contracts: Bidding, Evaluation, Negotiation and Award training course, participants will be able to:

  • Define the bidding cycle and strategies.
  • Identify the different options of bidding.
  • Learn ways to maximize value of supplies and services.
  • Define the essential bid documentation.
  • Apply best practices in screening vendors and prequalification.
  • Identify different negotiation styles and tactics.
  • Develop advanced practices in bidding and evaluation process.
  • Define the contract pre-award and post award activities.

Target Audience

  • Contract Managers and Administrators
  • Contract Analysts and Engineers
  • Buyers, Purchasing Professionals and Procurement Officers

• Anyone involved in the planning, evaluation, preparation and management of commercial bids and contracts for the purchase of services, materials or equipment.

Training Methodology

The facilitator will deploy a full range of lively and interactive training methods, including exercises, role plays, case studies, practice sessions and group discussions. Each topic will be underpinned by a presentation that highlights key issues to focus on. The learning experience will be supported by a reference manual containing examples of best practice. Discussions will enable participants to share their own experiences with the rest of the group.

Course Contents

Day 1 - Bidding Process

Key Topics:

  • Elements of Competitive Bidding Process
  • Selecting the right Contracting Strategy
  • Principles of Bidding
  • The Bidding Cycle and Bidding Options
  • E-Bidding
  • Invitation to Bid Documentation
  • Running the Bidding Process

Day 2 - Selecting The Right Suppliers

Key Topics:

  • Criteria for Pre-qualifying Suppliers
  • Integrating the Supplier Selection Process
  • Detailed Supplier Investigation
  • Performing a Supplier Assessment
  • Setting Acceptance Criteria and Selection
  • Engaging Suppliers during the Bid Process

Day 3 - Evaluating the Bid

Key Topics:

  • Evaluating a Bid Objectively
  • Developing Bid Evaluation Criteria
  • Methods of Payment
  • Technical and Commercial Evaluations
  • Evaluation of Cost Breakdowns

Day 4 -Effective Negotiation

 Key Topics:

  • Principles of Negotiation
  • Planning a Negotiation
  • Negotiation Objectives, Styles and Strategy
  • Power in Negotiation
  • The Negotiation Meeting and Follow-up

Day 5 -Contract Award and Management

 Key Topics:

  • Forming a Contract
  • Common Contract Terms
  • Standard Forms of Contract
  • Contract Award
  • Dispute Resolution Procedure
  • Performance   Management

 

Lap New World Hotel Jabi Abuja Nigeria Apr 29 - 02 May, 2024
NGN 300,000.00
(Convert Currency)

Dr Francis Okereke 08035062583

Related Courses

Management Skills Development for Youth Leaders Course Management Skills Development for Youth Leaders Course

4 days, 07 - 10 Oct, 2024 

2024-10-07 12:10:00 2024-10-07 12:10:00
Abuja FCT, Nigeria

Francis Consulting

Effective management of youths is crucial in making them productive members of their communities. Youths are usually filled with bright ideas, initiatives and energy which can contribute ...

Minutes Taking for Board Meetings Minutes Taking for Board Meetings

4 days, 09 - 12 Apr, 2024 

2024-04-09 12:04:00 2024-04-09 12:04:00
Abuja FCT, Nigeria

Francis Consulting

Why Attend The course is designed for individuals who have a basic understanding of board meetings and the need for minutes, and who want to improve their skills and knowledge in this area. ...

Fundamentals of Oil and Gas Accounting Fundamentals of Oil and Gas Accounting

4 days, 13 - 16 May, 2024 

2024-05-13 12:05:00 2024-05-13 12:05:00
Abuja FCT, Nigeria

Francis Consulting

Understanding finance and accounting is often the key to managerial progression, but the special problems in financial reporting and accounting for the Oil and Gas industry can make the whole topic ...

Best Practice in Corporate Internal Auditing-Compliance, Risk Management and Fraud Control Course Best Practice in Corporate Internal Auditing-Compliance, Risk Management and Fraud Control Course

4 days, 06 - 09 May, 2024 

2024-05-06 12:05:00 2024-05-06 12:05:00
Abuja FCT, Nigeria

Francis Consulting

The workshop will highlight current trends and practices in corporate in internal auditing. Issues to be discussed include: The wider scope of roles and responsibilities of a modern internal ...