ONLINE - Contracting Best Practices

Through live instruction and collaborative break-out sessions, attendees will understand the overall contracting process from contract strategy selection through the development of contract documents and contract administration. Lump sum, reimbursable, unit prices and incentive contract compensation approaches will be addressed, as well as, contractor pre-screening, bid review, and negotiations. Worldwide engineering and construction activity will be discussed, as well as, the evolving contractor community and resource availability. CII research topics, concepts and tools are introduced throughout the course.

2 Day Agenda

DAY 1
8:00am - 5:00pm EDT

• Introduction
• Section 1 - Philosophy, Principles and General Application Practices
• BREAK
• Section 2 - Contracting Options & Compensation Formats
• Section 3 - Contracting Option Advantages, Disadvantages & Application Requisites
• BREAK
• Workshop #1 - Selecting the Optimum Contracting Strategy
• LUNCH
• Section 4 - Formulating a "Win-Win" Environment
• Section 5 - Contract Development and Administration Work Process
• BREAK
• Section 6 - Integrated Contract and Project Execution Planning
• BREAK
• Workshop #2 - Developing Integrated Plans

DAY 2
8:00am - 5:00pm EDT

• Section 7 - Contracting Documents
• Section 8 - Effective Pre-Screening and Shortlisting Techniques/Criteria
• BREAK
• Section 9 - Bid Solicitation Protocols
• BREAK
• Section 10 - Bid Review Practices & Procedures
• LUNCH
• Workshop #3 - Bidding, Bid Evaluation and Award
• BREAK
• Section 11 - Contract Administration
• Section 12 - Change Management
• BREAK
• Workshop #4 - Dealing with Contract Administration and Change Situations
• Summary and Feedback
• Closing Remarks