e-PROCUREMENT AND EPC CONTRACT MANAGEMENT
1. COURSE OVERVIEW
This training course is an exciting programme looking at the important and cost cutting topic of e-Procurement and the complete procurement process. Many organizations either do not have or are having experiences with e-Procurement, this training course looks at solving the problems as well as improving processes in order to maximize the benefits of e-Procurement to the organisation.
The second part of this stimulating and informative training course examines a vital part of the organisation – procurement and how to improve the organisation’s procedures to benefit both suppliers and customers.
E-Government procurement (e-GP) projects are often part of the wider e-government efforts of countries to efficiently and effectively serve their citizens and businesses. E-GP promotes better governance in public procurement by increasing transparency and eliminating opportunities for fraud and corruption. The application of ICT to procurement processes has resulted in e-Procurement platforms that are ideally suited to address the e-GP objectives. Pursuing an e-Procurement system implementation is an effective way to improve public procurement management, through the automation of all underlying processes. Many governments worldwide have adopted end-to-end e-Procurement systems which cover the full procurement cycle.
Engineering, Procurement & Construction (EPC) Contracts are uniquely challenging. Parties who are currently involved or will be involved in these types of contracts, which are mainly large and complex and often fast-track, must find ways to reduce potential financial losses through effective contract negotiation, drafting, and management.
Mastering the contractual clauses will give you the know-how to effectively implement EPC contracts to ensure a successful project. This training course is specifically designed to address the critical issues related to all the parties involved in the contract. It gives you the best approach to allocating and managing risks, liabilities, and Force Majeure events. The delegate will learn effective contracting strategies for successful EPC project delivery.
2. CORE OBJECTIVES
The delegates will achieve the following objectives:
- Examine the Processes of e-Procurement
- Develop Improvements to e-Procurement
- Understand How to Use e-Procurement More Effectively
- Appreciate How Procurement Can Improve the Bottom Line
- Understand How to Make the Procurement Department More Productive
- Know How to Make Significant Savings in the Organisation’s Costs
- Capable in EPC contract negotiation and administration
- Able to manage risks in the EPC contract in a team
- Develop execution and project management to minimise risk delay and costs over-runs
- Maintain the essentials of the project and uphold contractor relationships for long-term accomplishment and competence
- Attain the project goals in line with the company’s overall objectives
3. WHY ATTEND
Become familiar with project execution processes. You will acquire a framework from which to define and manage an EPC project. Participants will understand the importance and the main functions of engineering, procurement and construction phases. Gain an understanding of the issues that must be addressed to become more effective in timely and cost effective delivery of projects.
4. TRAINING APPROACH
The delegates of this training course will receive thorough training on the subjects utilising a variety of proven learning teaching and facilitation techniques, including interactive sessions with role-playing, case studies, discussion groups, and scenario building, and the high-point of the training course is a simulation exercise of an EPC contract negotiation involving interactive role play by the delegates.
5. THE TARGET CUSTOMERS
Likewise, it will be valuable to the professionals but not limited to the following:
- Contract/Project Professionals
- Commercial Contract Professionals
- Commercial Operation Professionals
- Contract Engineers
- Procurement Supply Chain Professionals
- Risk Manager/Contract Risk professionals
- Purchasing
- Procurement
- Contracts
- Finance
- Supply chain
6. COURSE OUTLINE
Module 1: E-procurement Management
- Steps to Becoming World Class
- Evaluating Your Own Operation
- e-Procurement Development
- Continuous Improvement Roadmap
- Supplier Management Approaches
- e-Procurement Management
- Improving the Image of Procurement
- Traditional Procurement Procedures
- e-Procurement Models and Negotiation
- Organizational Improvement Through e-Procurement
Module 2: Main Characteristics of EPC Contracts
- Understanding EPC Role Matrix and Contract Structure
- Maximising parties’ rights and interests with an appropriate contracting strategy
- EPC Contractor’s Single Point of Responsibility
- Split Contract Structure
- Fixed Contracts Price and Milestone Payment Terms
- Fixed Completion Date
Module 3: Importance of Tender Process in EPC Contract
- Legal, Technical, and Commercial Pre-Qualification of Tenderers
- Best Practices in Tender Evaluations and Selection of Tenderer
- Significant of the Scope of Work and Specifications
- Use of Standard Terms and Conditions
- Exceptions: What to accept and what to deny?
- Finalizing Tender Negotiations & Award
- Letter of Intent and Letter of Award: Essential Terms and Legal Effects
- Discussion & Analysis of different Tendering & Contracting Strategies
Module 4: Key Contractual Terms of EPC Contracts
- Identifying Critical Issues in the Project Life-cycle
- Managing Cost Impact Clauses: Delay and Price Fluctuations
- Indemnities and Liabilities
- Force Majeure & Limiting events of Force Majeure
- MAC Clauses
- Changes in Law and regulations in the host country & stabilization clauses
- Political Risk Insurance
- Termination for Cause and Convenience
- FIDIC EPC Contract
Module 5: Contract Completion – Critical Issues
- Date of Completion
- Acceptance of Punch List of Defects: What is the effect?
- Passing of Title and Risk: Safety & Insurance
- Warranties and Guarantees
- Passing of Intellectual Property rights
- Defects Liability period, Contract Claims, and Employer Remedies
- Termination of Contract: Rightful & Wrongful Termination
Module 6: Contract Negotiation & Dispute Resolution
- Acquiring Negotiation Skills
- Key Roles and Responsibilities of the Negotiating Team
- Identifying Key Success Bargaining Positions
- Concluding Negotiations
- Dealing with Disputes: Choosing the Best Disputes Resolution Process
- Should you Mediate or Arbitrate
- Costs and other Considerations
FOR MORE DETAILS AND COURSE OUTLINE PLEASE CONTACT:
PIERRE DUPLIS BRENNER
The Admission Director
AFRICA INSTITUTE FOR CAPACITY DEVELOPMENT (AICD)
HEAD OFFICE:
21 Detroit Plaza |Pretoria Road|Kempton Park|
Gauteng. SOUTH AFRICA
Telephone : +27 733797377
Whatsapp Number : +27 733797377
For more information https://aicdtraining.com/apply-online/
