Tendering, Cost Estimating And Contracts Administration

Venue: JW Marriott Hotel

Location: Kuala Lumpur, Malaysia

Event Date/Time: Mar 27, 2008 End Date/Time: Mar 28, 2008
Early Registration Date: Mar 10, 2008
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Description

Objective;
The two-days seminar helps participants to improve and refine their techniques to prepare tender estimates, negotiate and administer cash flow and contracts.

Training Methodology;
This seminar is presented in English by way of
lectures, discussions, group exercises and project presentation.

Who Should Attend;
Estimating engineers, managers, purchasing officers executives, contract administrators, and others who are interested to refine and improve their tender pricing submissions will find this seminar very beneficial from the speaker’s experience

Content

Introduction and Overview of Cost Estimating

· What is cost estimating

· Purpose, functions, objectives of cost estimating

· Uses of cost estimating

· Functions and organization of estimating department

· Roles and responsibilities of cost estimators



Preparing Estimates for Quotation

· Understanding the types of estimates

· Factors in cost estimating

· Steps in preparing a cost estimates for quotations/tendering

· Reviewing the tender requirements



Mechanics of Cost Estimating

· Cost estimate format

· Establish labour rates and labour cost calculations

· Types of overheads and overheads calculations

· Obtaining contractor/subcontractors quotations

- Cost exercises / Preparing quick cost estimates



Preparing Bond Calculations & Assessing Risks

· What are bonds? / Types of bonds

· Assessment of risk and profits

· Stages in the preparation of tender submission



Establishing the right tender pricing

– Types of pricing / Cost and price analysis / Price variations



The Tendering Process

· Determine the needs

· Specification writing and tender documents

· Tender evaluation and procedures

- Types of evaluation / Comparison of bids

Contract Negotiation and Contracts Administration

· Tender negotiation / Negotiation skills / Cash flow

· Project control management / Work exercises



Building a tender information system

· Data classification / Data gathering / Data storage and retrieval

· Software packages and evaluation

Venue

Jalan Bukit Bintang
Kuala Lumpur
Malaysia
MORE INFO ON THIS VENUE

Additional Information

Early Birds – RM1400.00 per person (Registration and Payment by 10 March 2008) Group Discount (Two or more persons from same organization) – RM1450.00 per person Regular Fee – RM1500.00 per person

Types