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Public Training Courses
Certified Training Courses

Contracts Administration: From Award to Completion

Why Attend

The objective of every organization is that the contracting process results in a fair and reasonable price for a high quality on time deliverable. To meet this objective, world-class organizations view the application of best practices in contract administration after the award as being essential skill sets needed by all employees involved in the contracting process. Included in this fast-paced program to show renewed emphasis on this critical phase of contract management is:

Overview

Course Outline

Schedule & Fees

Course Methodology

Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing

Course Objectives

Be able to provide better outcomes from contracts; Review Contract administration techniques; Explore contract monitoring techniques; Learn how to get fair treatment in contract changes; Know how to analyze contracts; Discuss contract termination issues; How to Prepare for claims and disputes; Review acceptance and Contract closeout issues; Study the Inputs and outputs in contract administration

Target Audience

Target Competencies

n/a

DAY 1 - Objectives of contract administration

  • Effective Contract Administration
  • The Most Critical Elements

  • Key Players In Contract Administration

  • Post Award Conference

  • Analysis Of The Contract

  • Establishing Major Deliverables

  • What Needs To Be Measured?

DAY 2 - Outputs and contract types

  • Typical Outputs Of Contract Administration
  • Monitoring Techniques

  • Identify The Risk

  • Responses To Risk

  • Contract Types

  • Administration In Cost Type Contracts

  • Economic Price Adjustments

DAY 3 - Maintaining schedules and contract changes

  • Maintaining Contract Schedules

  • Expediting Techniques

  • Major Causes Of Changes

  • Contract Price Changes

  • Evaluating Price Changes

  • Practical Considerations for Bonds and Guarantees

  • Types of Bonds and Guarantees

DAY 4 - Issues in contract performance

  • Contract Terminations
  • Service Level Termination Event

  • What Constitutes a Breach?

  • Responding To A Breach

  • Right To Cover

  • Manuals And Drawings

  • Supplier/Contractor Relations

  • Sub-contractor Issues

DAY 5 - Acceptance and closeout

  • Warranties
  • Source Code Escrows

  • Forms Of Payment

  • Progress Payments

  • Claims and Disputes

  • Negotiation Of Claims And Disputes

  • Final Acceptance

  • Close-Out Procedures

  • Post Contract Review Meeting

$4475

Vienna

Country: Austria

Duration: One week

Date: 04–08 Aug 2025

Register

$1375

Arusha

Country: Tanzania

Duration: One week

Date: 11–15 May 2026

Register