The Essentials of Contracting Course

BMC Training provides The Essentials of Contracting in Project , Procurement and Contracts. There are 54 training sessions in different cities.

The Essentials of Contracting Course Schedule

Type a city name
Venue Start Date End Date Details
Istanbul , Turkey 24 - 9 - 2023 28 - 9 - 2023
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Istanbul , Turkey 1 - 10 - 2023 5 - 10 - 2023
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Dubai , UAE 1 - 10 - 2023 5 - 10 - 2023
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Paris , France 1 - 10 - 2023 5 - 10 - 2023
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London , UK 1 - 10 - 2023 5 - 10 - 2023
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Kuala Lumpur , Malaysia 8 - 10 - 2023 12 - 10 - 2023
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London , UK 15 - 10 - 2023 19 - 10 - 2023
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Dubai , UAE 22 - 10 - 2023 26 - 10 - 2023
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Paris , France 22 - 10 - 2023 26 - 10 - 2023
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Dubai , UAE 5 - 11 - 2023 9 - 11 - 2023
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Paris , France 5 - 11 - 2023 9 - 11 - 2023
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Kuala Lumpur , Malaysia 12 - 11 - 2023 16 - 11 - 2023
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Istanbul , Turkey 19 - 11 - 2023 23 - 11 - 2023
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Dubai , UAE 26 - 11 - 2023 30 - 11 - 2023
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Paris , France 26 - 11 - 2023 30 - 11 - 2023
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London , UK 26 - 11 - 2023 30 - 11 - 2023
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Kuala Lumpur , Malaysia 3 - 12 - 2023 7 - 12 - 2023
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Istanbul , Turkey 10 - 12 - 2023 14 - 12 - 2023
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Dubai , UAE 10 - 12 - 2023 14 - 12 - 2023
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Paris , France 10 - 12 - 2023 14 - 12 - 2023
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London , UK 10 - 12 - 2023 14 - 12 - 2023
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London , UK 17 - 12 - 2023 21 - 12 - 2023
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Dubai , UAE 24 - 12 - 2023 28 - 12 - 2023
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Paris , France 24 - 12 - 2023 28 - 12 - 2023
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Kuala Lumpur , Malaysia 7 - 1 - 2024 11 - 1 - 2024
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Dubai , UAE 14 - 1 - 2024 18 - 1 - 2024
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Paris , France 14 - 1 - 2024 18 - 1 - 2024
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Dubai , UAE 21 - 1 - 2024 25 - 1 - 2024
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Paris , France 21 - 1 - 2024 25 - 1 - 2024
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London , UK 21 - 1 - 2024 25 - 1 - 2024
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Istanbul , Turkey 28 - 1 - 2024 1 - 2 - 2024
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Kuala Lumpur , Malaysia 4 - 2 - 2024 8 - 2 - 2024
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Istanbul , Turkey 11 - 2 - 2024 15 - 2 - 2024
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Dubai , UAE 11 - 2 - 2024 15 - 2 - 2024
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Paris , France 11 - 2 - 2024 15 - 2 - 2024
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London , UK 11 - 2 - 2024 15 - 2 - 2024
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Dubai , UAE 18 - 2 - 2024 22 - 2 - 2024
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Paris , France 18 - 2 - 2024 22 - 2 - 2024
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London , UK 25 - 2 - 2024 29 - 2 - 2024
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Dubai , UAE 3 - 3 - 2024 7 - 3 - 2024
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Paris , France 3 - 3 - 2024 7 - 3 - 2024
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Dubai , UAE 10 - 3 - 2024 14 - 3 - 2024
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Paris , France 10 - 3 - 2024 14 - 3 - 2024
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London , UK 10 - 3 - 2024 14 - 3 - 2024
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Istanbul , Turkey 17 - 3 - 2024 21 - 3 - 2024
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Kuala Lumpur , Malaysia 24 - 3 - 2024 28 - 3 - 2024
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Dubai , UAE 7 - 4 - 2024 11 - 4 - 2024
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Paris , France 7 - 4 - 2024 11 - 4 - 2024
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Istanbul , Turkey 14 - 4 - 2024 18 - 4 - 2024
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Dubai , UAE 14 - 4 - 2024 18 - 4 - 2024
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Paris , France 14 - 4 - 2024 18 - 4 - 2024
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London , UK 14 - 4 - 2024 18 - 4 - 2024
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Kuala Lumpur , Malaysia 21 - 4 - 2024 25 - 4 - 2024
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London , UK 28 - 4 - 2024 2 - 5 - 2024
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Course Description

Introduction

This course will look at how contracts are created, and some of the main clauses that appear in contracts, together with a number of alternative contracting strategies and structures. The course will then consider methods to be used in negotiating contracts, including techniques relating to negotiating on variations and claims. Moreover, the course will deal with day to day commercial issues arising from business agreements written in the English language. Also, the course will use techniques which have wide application to many types of contract in many countries.

This course will feature:

  • How contracts are created
  • The main clauses that appear in contracts
  • Alternative contracting strategies and structures
  • Methods to be used in negotiating contracts, negotiating  contractual variations & claims
  • Commercial issues arising from business agreements written in the English language

Objectives

  • Understand how contracts are formed.
  • Analyse issues behind major contract clauses.
  • Develop new skills in negotiation of contracts and managing contract disputes.
  • Learn how to transfer risk through different contract types.
  • Explain how to use contract provisions to reduce the risk of disputes.

Content

Day One

How Contracts are Formed

  • The reasons for using contracts
  • Basic principles in contract formation
  • Examples of formalities for contract formation
  • Authority to sign a contract and the principles of agency
  • Basic contractual structures
  • Use of different types of contract for different business models

Day Two

Main Contract Provisions and Associated Issues: Managing Risk

  • Hierarchy of contract terms
  • Warranty, Indemnity and Insurance provisions
  • Distribution of risk and performance obligations
  • Termination, suspension and force majeure
  • Selecting the appropriate law to govern the contract
  • Collateral warranties and entire agreement

Day Three

Changes and Variations

  • Changes to the contract
  • Transfer of rights: assignment and novation
  • Variation to the scope of work and variations clauses
  • Controlling and managing change
  • Minimising Claims and Disputes
  • Delay and disruption

Day Four

Standardising Contractual Documents and Securitising Performance

  • Use of standard form contractual documents
  • International standard form agreements
  • Bonds, guarantees and letters of assurance
  • Managing payment risk
  • Reservation of ownership
  • Remedies for default – rework,  re-performance, damages, penalties and performance

Day Five

Dispute Resolution and Conflict Management

  • Using contracts to avoid disputes
  • Tiered dispute resolution mechanisms
  • The Contract clause to encourage negotiation
  • Litigation and Arbitration
  • Modern dispute resolution processes including mediation
  • Course review and analysis