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Contract  & Tender Management Minimise Risk Exposure Anand Subramaniam
[object Object],[object Object]
Highlights ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Contract – Elements & Form
Elements of a Contract  ,[object Object],[object Object],[object Object],[object Object],[object Object]
Contract Form ,[object Object],[object Object]
Contractor’s Risk
Contractor’s Risk FFP CPFF Contractor’s Risk HIGH LOW LEGEND FFP  FIRM FIXED PRICE CPFF  COST PLUS FIXED FEE
Firm-Fixed-Price Contract (FFP) 0 % 0 % 100 % 100 % Contractor’s Risk Customer’s Risk Risk Sharing Meter RISK LOCATION ,[object Object],[object Object],[object Object]
Incentive Contracts ,[object Object],[object Object]
Fixed-Price Incentive Fee Contract (FPIF) 0 % 0 % 100 % 100 % Contractor’s Risk Customer’s Risk Risk Sharing Meter RISK LOCATION ,[object Object],[object Object],[object Object]
Cost Plus Incentive Fee Contract (CPIF) 0 % 0 % 100 % 100 % Contractor’s Risk Customer’s Risk Risk Sharing Meter RISK LOCATION ,[object Object],[object Object],[object Object]
Cost Plus Award Fee Contract (CPAF) 0 % 0 % 100 % 100 % Contractor’s Risk Customer’s Risk Risk Sharing Meter RISK LOCATION ,[object Object],[object Object],[object Object]
Cost Plus Fixed Fee Contract (CPFF) 0 % 0 % 100 % 100 % Contractor’s Risk Customer’s Risk Risk Sharing Meter RISK LOCATION ,[object Object],[object Object],[object Object]
Cost Plus %age of Cost Contract (CPPC) 0 % 0 % 100 % 100 % Contractor’s Risk Customer’s Risk Risk Sharing Meter RISK LOCATION ,[object Object],[object Object],[object Object]
Contract Risk Summary RISK LOCATION FFP FFE FPIF CPIF CPAF CPFF CS C CPPC 0 % 100 % Contractor’s Risk 0 % 100 % Customer’s Risk Risk Sharing Meter
Contract Administration Cycle & Changes
Contract Administration Cycle ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Changes ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Clauses of Constructive Changes ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Order of Precedence ,[object Object],[object Object],[object Object],[object Object],[object Object]
Termination & Rights
Reasons for Termination ,[object Object],[object Object],[object Object],[object Object],[object Object],Convenience of the Customer
Reasons for Termination (Contd.) ,[object Object],[object Object],[object Object],Default Due to Contractor’s Actions
Contract Administration Rights ,[object Object],[object Object],[object Object]
Negotiations & Award
Negotiation Factors ,[object Object],[object Object],[object Object]
Negotiation Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Negotiation Objectives Buyer Seller Min Min Objective Objective Max Max Price
Award Contract ,[object Object],[object Object],[object Object]
Tender Articles
Definition & Principles ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tender Dossier & Invitation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Instructions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tender - Submission & Examination ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Award of Contract ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Contract Documents
Include Documents / Samples – viz., ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
[object Object],[object Object]

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Contract & Tender Management