Contract Management

A contract, in its simplest form, is an agreement between two parties, enforceable by law, and based on the principles of offer and acceptance. A contract or agreement is said to exist when one party offers to execute work or provide services to another party for some form of consideration or remuneration and that party accepts the proposal.

The objective of this course is to provide students a clear understanding of tendering process, bid evaluation, formation of contract, Contract award, contract administration and closing out of contracts.

The key areas covered in this course are

Definition of Scope of works
Tender document
Understanding Tendering Process
Types of Bids
Bid Evaluation
Contract award
Contract administration
Amendments and Variations
Contract close out

Duration – 30 hours

One week FREE training in PIPING DESIGN for Mechanical Engineers, Contact +91 999 510 3333,