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Contracting Fundamentals & Drafting Contracts

  • Overview

    Training program in this section cover skills and competencies required not only for the effective contracts drafting but for successful business in general. Drafting an accurate contractual term is very essential element for keeping company’s right and mitigating its risks against contractor’s violation. It’s also important to understand what is behind drafting a contractual term and how to evaluate a contract on hand. Also managing contracts claims is integral part of contract administration eying on the applicable ways of dispute resolution.
  • Duration

    Course duration :20 hrs
  • Location

    Available at Maadi Branch
  • Course Outlines

    Day 1:
    • Introduction to drafting contracts.
    • Contract in the law.
    • Ways of commitment.
    • Tendering process.
    • Scope of work.
    • Invitation to Tender and Tender Document.
    • Bonds.
    • Procedures of opening Sealed Bids.
    • Technical evaluation.
    • Commercial evaluation.
    • Fax of Award.
    Day 2:
    • Contract formal elements.
    • Writing.
    • Execution.
    • Exchange of copies.
    • Contract substantive elements.
    • Agreement (offer and acceptance).
    • Contract object.
    • Cause / consideration.
    • Intension to contract.
    • Drafting Parameters.
    • Drafting principles.
    • How to draft a contractual term?
    Day 3:
    • Punctuation.
    • Contract structuring.
    • How to avoid contract misinterpretation / violation?
    • Standard clauses of concern.
    • Parties.
    • Preamble.
    • Definitions.
    • Interpretation.
    • Term.
    • Applicable law.
    • Jurisdiction, arbitration, or amicable settlement.
    • Termination.
    • Entire agreement.
    Day 4:
    • Standard clauses of concern.
    • Severability.
    • No assignment and no waiver.
    • Confidentiality.
    • Notices.
    • Language.
    • Counterparts.
    • Exemption clauses.
    • Force majeure.
    • Hardship.
    • Liquidated damages.
    • Indemnity and insurance.
    • Suspension.
    • Other special clauses.
    • Contractor’s obligations.
    • Company’s obligations.
    • Independent contractor.
    • Warranty.
    • Payment / auditing.
    Day 5:
    • Other special clauses.
    • Performance management.
    • Laws and regulations to be observed.
    • Survival.
    • Contract evaluation process.
    • The three ways of checking a contract
    • Areas of concern.
    • Check list.
    • Contract appraisal.
    • Arbitration procedures.
  • Objectives

    • Be familiar with formal and substantive elements of the contract.
    •  Prevent contract misinterpretation.
    •  Be able to achieve balanced terms with contractors.
    •  Understand how to review and evaluate a contract on hand.
    •  Dealing with claims and dispute resolution different methods.

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