Seeds for a successful contract are sown at the tendering stage itself and hence it is necessary to be clear on fundamentals of Tenders, Bids and Contracts along with the Risk perception. The global playing field now available for the business makes the subject applications further challenging because of sheer complexities involved.
Tenders and Contracts parameters :
Critical Elements of Tenders, Bids and Contracts :
Modes of Payment
L/C and BPO
Limitation of liability
Construction of Contracts FIDIC and INCOTERMS, standard templates- FIDIC and INCOTERMS, salient features, uses
Executives and Managers engaged with Tendering, Bidding, Contracting and execution functions will get ready to apply inputs from the programme. The arena will include Buyers (all Supply Chain), Sellers (Domestic, overseas), Projects, Finance, Legal, Admin and HR amongst others. This programme would be of immense benefits to the Executives from organisations engaged with Projects, EPCs, Supplies, Services, IT, Infrastructure, Banking etc.