Online Training – Contract Drafting for Procurement, Tendering and Commisioning

Online Training – Contract Drafting for Procurement, Tendering and Commisioning

April 12, 2023

Jadwal Pelatihan Online Training – Contract Drafting for Procurement, Tendering and Commisioning

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OBJECTIVES

  • Construct relevant contracts for various purposes
  • Examine the commercial impact of particular terms and conditions
  • Examine the impact that would occur commercially to the certain terms and conditions
  • Develop a good contract to minimize disputes between the parties
  • Handle disputes efficiently and effectively
  • Using the methodology used in international contracts

 

COURSE CONTENT

1. The Importance of Contract

  • Supervising The Process of Contract’s Construction
  • The Deal Involved in The Contract
  • Special Tricks to Negotiate Effectively
  • Learning The Offer and Acceptance
  • Learning The Battle of The Forms
  • Learning About The Consideration and Intentions

2. Hands on Guide Drafting Commercial Contract

  • What is a Commercial Contract The Contract Law Fundamentals & Elements
  • Difference Between MOU, Letter of Intent an Agreement
  • Converting MOU, Letter of Intent into a Formal Contract
  • Formation of Contracts Techniques in Drafting Contracts
  • Introductory Provisions Including Parties, Recitals, Definitions
  • Critical Provisions Including Appointment, Conditions Precedent, Consideration, Covenants, Term & Termination, Representations, Warranties and Indemnities
  • General Clauses like Governing Law, Arbitration, Force Majeure, Arbitration, etc

3. Tender Process and Different Contract Types

  • Auctions and Bids
  • Process Dealing with Tender
  • Inviting Tender
  • Proposal’s Request
  • Quotation’s Request
  • Prequalification
  • Compliance
  • Letters of Award
  • Heads of Terms and Letters of Comfort
  • Deciding The Type of Contract to be Used
    • Advantages and Disadvantages
    • Fixed Fee to Solve The Problem
    • Modern Methodology
  • Clauses to Adjust The Economic Price
  • Bonds and Guarantees
  • Compliance with Law/Change of Law

4. Main Contract Clauses

  • Obligation to Deliver/Perform
    • Controlling Subcontractors
    • Monitoring and Milestones
  • Payment’s Secure
  • Ensuring Prompt Payment
  • Nonpayment Remedies
  • Learning the Usage of ‘Letters of Credit’
  • Parent Company Guarantees
  • Time and Place of Delivery
  • Transfer of Title and Risk ICC Incoterms
  • The Retention of Title Clauses
  • The Important of Time
  • Delivery, Ownership and Risk in Procurement
  • Insurance
  • Indemnities When We Need Them
  • Liquidated Damages/Penalties and the Dangers

5. Other Key Considerations During the Commissioning Process

  • Variations and Changes
  • Liability Beyond Contract
  • The Value of Intellectual Property
  • When do Contracts End?
  • Limiting Liability
  • Warranty
  • Which Law to Apply to The Contract?
  • Final Contract Review and Close Out Process

6. Dealing with Disputes

  • Compromise and Settlement
  • Dispute Resolution Clauses
  • Litigation
  • Arbitration
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