Tendors & Negotiation Skills 2019 | Princeton Academy | 25 May 2019 | JW Marriott, Juhu Tara Rd, Uditi Tarang Housing Colony, Juhu Tara, Juhu, Mumbai, Maharashtra 400049, India
Venue
JW Marriott
JW Marriott, Juhu Tara Rd, Uditi Tarang Housing Colony, Juhu Tara, Juhu, Mumbai, Maharashtra 400049, India
What is Qwoted?
Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.
| Event Date |
Sat May 25 IST (over 5 years ago)
In your timezone (EST): Sat May 25 7:30am - Sat May 25 7:30am |
| Location |
JW Marriott
Juhu Tara Rd, Uditi Tarang Housing Colony, Juhu Tara, Juhu, Mumbai, Maharashtra 400049, India |
| Region | APAC |
Details
Seeds for a successful contract are sown at the tendering stage itself and hence it is necessary to be clear on fundamentals of Tenders, Bids and Contracts along with the Risk perception. The global playing fiel d now available for the business makes the subject applications further challenging because of sheer complexities involved.
Tenders and Contracts parameters:
• Legal
• Commercial
• Managerial
• Critical Elements of Tenders, Bids and Contracts :
• Payment Terms
• Modes of Payment
• L/C and BPO
• Liquidated Damages
• Variations
• Force majeure
• Limitation of liability
• Construction of Contracts
• FIDIC and INCOTERMS, standard templates- FIDIC and INCOTERMS, salient features, uses
• Tendering Practices:
• Invitation for bids
• Tendering process- IFB, NIT, GCC, SCC
• Bid Preparation & Evaluation- taking deviations, non-responsiveness clauses, pricing strategies
• NOA
• Team work and group dynamics
• Effective Negotiations skills:
• Evaluating & Managing risks in critical elements
• Risk mitigation at tendering stage
• Soft skills for effective negotiation
• Target Audience
• Executives and Managers engaged with Tendering, Bidding, Contracting and execution functions will get ready to apply inputs from the programme.
• The arena will include Buyers (all Supply Chain), Sellers (Domestic, overseas), Projects, Finance, Legal, Admin and HR amongst others.
• This programme would be of immense benefits to the Executives from organisations engaged with Projects, EPCs, Supplies, Services, IT, Infrastructure, Banking etc.