Contract Formation Guide: From Tendering To Contract Award

Learn essential pre-contract management principles and practices, and gain access to over 15 free MS tools

What you'll learn

Learn pre-award contract management in a single course

Draft effective contracts and develop Request For Proposal (RFP)

Learn how to develop Invitation to Tender (ITT) Package

Learn how to prequalify (PQ) bidders in a better way

Discuss bid opening, technical and commercial evaluations

Tips and tactics for effective Letter of Award (LoA) and Notice to Proceed (NTP)

Learn how and when to receive key submittals from the winning bidder

Requirements

Some knowledge on fundamentals of contract management would be perfect.

Description

Looking to level up your pre-award contract management skills? Look no further than this comprehensive course! With 29 lectures divided into 7 easy-to-follow sections, you'll learn everything you need to know in just 2 hours. Each lecture video is only 3-5 minutes long, so you'll get the practical information you need without any lengthy or theoretical explanations. What's more, you'll get:high-quality video lectures that explain the different terms and concepts with real-world examples and applications, downloadable free tools and resources that you can immediately apply on the job,quizzes to test your knowledge, 1-on-1 expert instructor support to answer your questions or clear up any confusion you might have lifetime access with no expiration, so you can complete the course at your own pace, anywhere, on any device, and come back for a refresher anytime. Free course updates so you can continue to benefit from enhancements made to this course.It comes with Closed Captions (CC) (subtitles in English).Everything to know under a single course. The course covers the whole spectrum of pre-award contract management in just one course!And it's not just theory - you'll learn from a contract and commercial expert who applies this daily to his professional projects.Within the course, you will find handy and popular tools for which you don't need to spend much time designing from scratch, like:  Sample Bid Evaluation Table,Procurement Routes: Advantages and Disadvantages,Contracting Plan,Comprehensive List of Documents in an Invitation to Tender (ITT) Package,A Typical Agenda for Pre-Bid Meeting,A Typical Checklist for Site Visit, Prequalification (PQ) Questionnaire, Letter of Application for PQ, Sample Bid Clarification Meeting Agenda, Confidentiality Form,Sample Pre-Award Meeting Agenda, Sample Letter of Award (LoA),Checklist For Insurance Policy Review,Sample Letter to Regret, etc. ready-to-use documents in native MS Word and Excel formats are inside the course!  Whether you're new to pre-award contract management or an experienced professional looking to refresh your skills, this course has something for everyone. And with ready-to-use documents in native MS Word and Excel formats, you'll have all essentials you need to manage the whole spectrum of pre-award contract management with confidence. Plus, you can even claim 2 PDUs and 2 CPDs for renewing your existing PMI-PMP and RICS-MRICS Certificates. Enroll today and take your career to the next level!

Overview

Section 1: Course Introduction

Lecture 1 Welcome to the Course

Lecture 2 Course Sections Overview

Lecture 3 Welcome to Udemy

Lecture 4 The Most Negotiated Contract Terms

Section 2: Your Organization and Fundamentals

Lecture 5 Knowing About Your Organization

Lecture 6 Your Project Team and Their Responsibilities

Lecture 7 Contract Basics: A Short Review

Section 3: Developing Request for Proposal (RFP) Documents

Lecture 8 Team Member's Responsibilities

Lecture 9 Planning and Drafting Contract

Lecture 10 Flow Down Requirements

Lecture 11 Managing Contractual Risks

Lecture 12 Liquidated Damages

Lecture 13 Insurance

Section 4: ITT Formation and Handling Tender

Lecture 14 Defining Bid Evaluation and Award Criteria

Lecture 15 Forming Invitation to Tender (ITT) Package

Lecture 16 Determining Type of Tender

Lecture 17 Prequalification (PQ) of Bidders

Lecture 18 Organizing Pre-Bid Meeting and Site Visit

Section 5: Handling Received Bids

Lecture 19 Bid Receipt and Initial Evaluation

Lecture 20 Bid Clarification Meeting

Lecture 21 Technical and Commercial Bid Evaluations and Scoring

Lecture 22 Bids Final Scoring Presentation and Bidder Selection Decision

Section 6: Contract Awarding

Lecture 23 Conducting Pre-Award Meeting

Lecture 24 Issuing Letter of Award (LoA)

Lecture 25 Signing Off the Contract

Lecture 26 Receiving Bonds, Guarantees, and Insurance Policies

Lecture 27 Issuing Notice to Proceed (NTP)

Lecture 28 Transfer Documents to Project Implementation Team

Section 7: End of Course

Lecture 29 Thank you, and good bye!

Anyone who wants to learn pre-award contract management in a project,Anyone who wants to refresh or level up their pre-contract management skills,Anyone who considers to make a career change to manage tenders,Anyone who needs ready-to-use documents in native MS Word or Excel formats,PMI-PMP Certificate holders who want to earn 2 PDUs (PMI Talent Triangle Skill Area: Strategic and Business Management),RICS-MRICS Certificate holders who want to earn 2 CPDs