Anybody purchasing goods and services on an organization’s behalf should have sufficient knowledge of contract law to know what the pitfalls might be so that they can recognize them and seek appropriate expert advice from the lawyers in a timely manner. Hence, legal issues in Procurement is an essential subject to consider while training employees.
This Legal Aspects of Procurement course is designed to give a clear understanding of the role of law and its impact on the purchasing & supply of goods and services. The course enables delegates to improve their understanding of legal aspects of purchasing, as well as their ability to apply this knowledge to control exposure to risk. Course participants will leave the session with renewed confidence and refreshed skills in the primary legal issues affecting the purchasing and supply sector.
What Is The Training Course Methodology?
This training course methodology depends on enabling participants to interact and exchange experiences, explore their competencies and achieve their career aspirations, using forward-thinking training arts, such as theoretical lectures and/or open discussion to exchange opinions and experiences, scenarios, innovative thinking brainstorming. Participants will receive an agenda including training material as a reference, in addition to some extra notes and booklets.
Who Should Attend This Training Course?
This training course is designed for those who are responsible for the development of contracts and supervision of the implementation process, as well as administrators in the legal departments whose job requires the preparation, formulation and implementation of contracts at private and governmental organizations.
What Is The Training Course Objectives?
Learn the most important legal aspects of procurement contracts
Prepare contract preparation
Ability to analyze offers for external procurement and development of management skills
Address and tackle problems arise from contracting and contract execution
Discuss the most important dynamic aspects involved in negotiation processes
Study new principles to determine the appropriate negotiating strategy with suppliers to reach the best contracting formulation
What Is The Training Course Curriculum?
Legal Aspects of External Procurement Integrated Systems
Specialized committees in external procurement
Concept, elements and elements of procurement contracts
Legal aspects of external procurement contracts and good drafting requirements
Required considerations before, during and after the execution of the contract
Economic Interest in the Contract
Substantive and detailed issues to be considered
Contract and Commitment Phase
Mutual obligations and equalization
Contract drafting skills and general controls
Case study (I)
Implementation Phase of the Contract
Implementation of obligations of contracting parties
Disruption and balance between obligations
Modifying the contract conditions for implementation
Faced problems during implementation process
Required response skills
Case study (II)
Variations in Contract Interpretation, Arbitration: Terms and Procedures
Different models of contracts
Legal rules for documentary letters of credit
Concept of documentary credit
Contract of documentary credit
Termination of the documentary letter of credit contract
Practical application on the preparation and drafting of external procurement contracts