About this course
- Identify the contracting stages from setting the scope of work to awarding the contract.
- Prepare the scope of work and specifications as well as plan the evaluation process.
- Evaluate in-depth the process of preparing tenders and selecting potential suppliers.
- Identify the issues involved in assessing tenders for quality as well as value for money including e-auction.
- Apply several approaches to bid evaluation using criteria, weights and scoring measures.
Who this course is for
- Procurement Managers
- Supply Chain Managers
- Shared Services Managers
- Internal Auditors
- Bid Managers
- Procurement Officers
- Financial Directors
- CFOs
- Financial Managers
- Everyone else who is involved in the Bidding and Tendering processes and All individuals seeking to acquire in-depth knowledge of the latest trends in the best practice in Procurement Excellence, Tendering and Fraud Prevention.
Course Outline
Topics covere in this course include but are not limited to
1. Contracting and Tendering
- Definition of a Contract
- Stages in Contracting
- Preparation and Tendering
- Award and Administration
- Defining Tendering
- Purpose of Tendering
- Alternatives of Tendering
- Problems in Tendering
2 Objectives of Tendering
- Tendering Process
- Contracting Methods
- Competitive Bidding
- Competitive Proposals
- Reverse Auction
3 Tendering Preparation
- Identifying Requirements
- Setting Scope of Work
- Planning the Evaluation Process
- Identifying Suppliers
- Developing Tender Documents
- Invitation to Tender
- Terms and Conditions
- Tender Briefing
- Receive and Open Bids Commercial and Financial Consideration
- Contract Pricing, Fixed Price, Cost Plus, Unit Price and Bill of Quantities
- Payment Terms
- Value for Money
- Whole Life Costing
- Most Economically Advantageous Tender (MEAT)
- Contractor's Strategy
- Bid/No-Bid
4. Tender Evaluation and Award
- Evaluation Process
- Preliminary Examination of Bids
- Detailed Examination of Bids
- Rating Scale
- Scoring Protocol
- Compliance Matrix
- Technical Bid Scoring
- Evaluation Report
- Awarding of Contract
- Post Award Conference
- Debriefing Unsuccessful Bidders
- Documentation
- Protests