Course Objectives  

• Review Contract administration techniques
• Explore contract monitoring techniques
• Learn how to get fair treatment in contract changes

Know how to analyze contracts

• Discuss contract termination issues
• How to Prepare for claims and disputes
• Review acceptance and Contract close out issues

Course Outline

• Objectives of contract administration

• Effective Contract Administration
• The Most Critical Elements
• Key Players In Contract Administration
• Post Award Conference
• Analysis Of The Contract
• Establishing Major Deliverables
•  What Needs To Be Measured?

• Outputs and contract types

• Typical Outputs Of Contract Administration
• Monitoring Techniques
• Identify The Risk
• Responses To Risk
• Contract Types
• Administration In Cost Type Contracts
• Economic Price Adjustments

• Maintaining schedules and contract changes

• Maintaining Contract Schedules
• Expediting Techniques
• Major Causes Of Changes
• Contract Price Changes
• Evaluating Price Changes
• Practical Considerations for Bonds and Guarantees
• Types of Bonds and Guarantees       

• Issues in contract performance

• Contract Terminations
• Service Level Termination Event
• What Constitutes Breach?
• Responding To a Breach
• Right to Cover
• Manuals and Drawings
• Supplier/Contractor Relations
• Sub-contractor Issues

• Acceptance and close out

• Warranties
• Source Code Escrows
• Forms of Payment
• Progress Payments
• Claims and Disputes
• Negotiation of Claims And Disputes
• Final Acceptance
• Close Out Procedures
• Post Contract Review Meeting

Who can benefit?

•  Contract Administrators.
•  Project Coordinators.
• Contracts Officers and Managers
• Engineering Project Managers, Construction Managers.
• Tenders Managers Buyers, purchasing Managers.
• Project Managers
•  Maintenance Mangers and Systems