Online: Effective Contract Formation

Start Date:
 
End Date:
 
Start Time:
 
End Time:
 
Timezone:
(GMT-05:00) Eastern Time (US & Canada)
Location:
 
Instructor:
Online Learning
Contact Hours:
4.00 
CEUs:
 
Access Period:
N/A
Hosted By:
 
 
 
  1. Overview

    Procurement entities form contracts for products or services, in order to ensure that purchases achieve the desired results. Contract formation is a series of pre-award procurement steps that result in a legally-binding contract between an entity and a supplier.
    Contract formation is the most important phase of contract administration, as it ultimately determines the success of a contract. Procurement officials need to understand how to prevent risks and retain the ability to mitigate issues after the contract is executed.
     
    This course covers all contract administration activities that occur prior to the award of the contract.
    This course is recommended for individuals who have less that three years public procurement contract management experience. 


    Course Objectives

    After taking this course, learners will be able to:
    1. Identify the parts of a contract.
    2. Clarify ambiguous contract language.
    3. Determine appropriate specification type for a project.
    4. Identify the roles and responsibilities of contract administration team members.
    5. Identify appropriate contract vehicles and deliverables.
    6. Prepare implementation and payment milestones plans.
    7. Determine appropriate specification type for project.
    8. Determine inclusion of appropriate contract clauses for inspections, reporting, and remedies.
    9. Identify the entity’s rights to rejections, damages and contract termination.
    10. Identify contract risks.
    11. Choose the appropriate contract clauses for a given situation.
    12. Prepare a contract administration plan.
    13. Establish a performance assessment plan.

    Browser Requirements 

    Windows:

    Google Chrome (latest version)
    Microsoft Edge (latest version)
    Internet Explorer 11
    Firefox (latest version)
     
    Mac:

    Google Chrome (latest version)
    Safari (latest version)
    Firefox (latest version)

    Mobile:

    Safari in Apple iOS 8 or later
    Google Chrome in Apple iOS 8 or later
     
  • Online: Effective Contract Formation (Non-Member Rate)
    $175.00 USD
    Note: Prices may increase as the event nears
  • Fees:   

    $125 Members/ $175 Non-Members


    Methods of Payment Accepted:
    Register online with credit card by clicking the green register button.

    This course is to be accessed by the purchaser only, it is non-transferable. 
  • Refunds:


    There are no refunds, all sales are final.

     
"