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
Understanding Tendering Process
Types of Bids
Amendments and Variations
Contract close out
Duration – 30 hours