Engineering Contracts

CONTRAC-EN-P

Who should attend?

  • Engineering contracts related to refining, petrochemicals and chemicals significant capital projects.
Public :
  • Project engineers from owners or contractors, involved in the project-related contractual processes.

Level :Knowledge

Prerequisite :
  • Provide evidence of a professional experience of at least 1 month, related to the concerned field.
  • Know the main phases of Oil & Gas project process.

Course Content

  • CONTRACTUAL STRATEGY - Duration : 1 Day

      • Various engineering contract types, advantages and drawbacks. Selection of the best strategy.
      • Main equipment purchase. Validation of the FEED specifications.
      • Interfaces between contracts. Relationship with major international contractors and local design offices.
      • Management of single-source and monopoly situations. Open bid process.
  • BIDDING & SELECTION PROCESS - Duration : 0.5 Day

      • Prequalification. Instructions to tenderers. Technical and administrative specifications.
      • Planning and scheduling. Bid evaluation process. Technical alignment. Selection of the best bidder.
      • Management of financial risks (inflation and exchange rate variations).
      • Final selection, contract award. Single-source contract. Negotiation process.
      • Preparation of the bid response by contractor. Regulations. Risk assessment and reduction.
  • CONTRACT CONTENTS - Duration : 0.5 Day

      • Agreement (articles and attachments). Examples of the main chapters. Supplier lists.
      • Insurance and warranty provisions. Mutual no-claim agreements.
  • CONTRACT ADMINISTRATION - Duration : 1 Day

      • Placing orders and modifications. Progress measurement and control.
      • Management of claims. Project closing, acceptance, activation of warranty.
      • Principles and process of negotiation during contract execution.

Learning Objectives

  • Attendees will be able to implement the following skills:
  • Select the best type and scope for the engineering contract,
  • Organize the tendering process and select the best bidder.

Ways & Means

  • Practical case studies.

Learning assessment

  • Multiple-choice questionnaire.

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Coordinator :IFP Training instructors, with expertise in the field and trained in modern teaching methods adapted to the specific needs of learners from the professional world.

To French entities : IFP Training is referenced to DataDock ; you may contact your OPCO about potential funding. Please contact our disabled persons referent to check the accessibility of this training program : referent.handicap@ifptraining.com