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EncartaLabs

Tender / Bid Management

( Duration: 2 Days )

This Tender / Bid Management training course provides skills on the good practice in applying the correct techniques throughout the complete tendering process. It is vital for any procurement or non-procurement staff involved in the planning, creation, issue, receipt or evaluation of tenders.

By attending Tender / Bid Management workshop, delegates will learn:

  • The requisite knowledge in order to operate their tender process with the highest levels of accountability and governance
  • Both buyer and seller perspective in Tendering and submitting proposals
  • Legal rights of parties at the Tender stage
  • Commercial terms frequently used in a Tender document and the contractual clauses that deal with transfer of risks
  • The practices and procedures of governing tendering including: issuing, receiving and evaluation
  • International best practices in dealing with LOI, MOU and NDA

COURSE AGENDA

1

Understanding Contract Law principles with regard to Tender Contract/Formation of Contracts

  • Contracts
  • Offer or Proposal
  • Rejection of an offer / Counter offer.
  • Acceptance
  • Consideration
2

Tender Basics

  • Definition of Tender
  • The competitive bidding process
  • Two Step Sealed Bidding
  • Terms and Definitions
  • Types of Tender
  • E- Tendering
  • RFP, RFQ and ITB
  • EOI
  • Tendering Law ( Case Study)
3

Tender Process Management

  • Tender Planning
  • Types of Tender
  • Contents of Tender
  • Pitfalls to avoid when drafting SOW
  • Steps involved in Tender Process
  • Tender Documents
  • Evaluation of Tender
  • Finding a Competent Contractor
  • Negotiations
  • Award
4

Understanding Bid from the Sellers Perspective

  • How to write a powerful proposal
  • Evaluate Proposals
  • Understand Proposal Management
  • Understand Cost Benefit Analysis
  • Tips for Preparing Proposal that Win Contracts.
  • Best Practices in developing proposals
5

Contracting Pricing Arrangements

  • Fixed Price Contracts
  • Cost Reimbursable Contracts
  • Contract Incentives
  • Cost plus incentive fee
  • Cost plus award fee
  • Time and Materials contracts
  • Selecting best contract type
6

Contracting Methods

  • Contracting Methods
  • Simplified Methods
  • Formal Competitive Methods
  • Sealed Bidding
  • Key steps in Source Selection
  • Reverse Auction
7

Commercial Terms/Clauses in a Tender

  • Letter of Credit
  • Comfort letter
  • Tender Bond/Guarantee
  • Performance Guarantee
  • Parent Company Guarantee
  • Advance Payment Guarantee
8

International Best Practices in dealing with LOI,MOU and NDA- Documents signed at the time of Bidding.

  • Letter of Intent/Award
  • Memorandum of Understanding
  • Non -Disclosure Agreements
9

Understanding Clauses which deal with Contractual Risk in a Tender document - How to minimize and transfer the risk

  • Indemnity
  • Limitation of Liability/Total Liability Cap
  • Third Party Liability
  • Force Majeure
  • Damages, Liquidated Damages/ Penalty
  • Consequential Damages
  • Negligence/Gross Negligence and Wilful misconduct
  • Exclusive Remedy Provisions
  • Governing Law

Encarta Labs Advantage

  • One Stop Corporate Training Solution Providers for over 6,000 various courses on a variety of subjects
  • All courses are delivered by Industry Veterans
  • Get jumpstarted from newbie to production ready in a matter of few days
  • Trained more than 50,000 Corporate executives across the Globe
  • All our trainings are conducted in workshop mode with more focus on hands-on sessions

View our other course offerings by visiting https://www.encartalabs.com/course-catalogue-all.php

Contact us for delivering this course as a public/open-house workshop/online training for a group of 10+ candidates.

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