Government Contracts Review & Negotiation

Name: Government Contracts Review & Negotiation
Rating: 4.4 (8 reviews)

Know how to make your Contracts Profitable

Created byVijaya Krishna Boddu

Last updated 2/2023

English

What you'll learn

What are Contracts and their Management.
How to review the Contracts (World Bank Model Contract & FIDIC Yellow Book)
Contracts Risk Identification & Risk Mitigation in Projects and contract terms & conditions
Contracts Life Cycle Management
Speed Reading Techniques
Contracts Negotiation on Contract Terms & Conditions and the Project Risks with complete process.

Course content

5 sections • 15 lectures • 5h 15m total length

Contracts History, Review & Negotiation Introduction32:34
This Lecture explains about what is Contract? Why Oral Contracts are valid contracts?, brief introduction on Contracts History, Contracts Review & Contracts Negotiation.
Oral Contract
Job Opportunities in Contracts Management22:41
They are several job opportunities across the World for Contracts Management Professionals. This lecture demonstrates why & how there's huge demand for Contracts Management through reports.
Poor Contracts Management
Legal Maxims & Legal Principles26:39
Very Important Lecture. Very much useful in our Day to Day Activities. The whole legal system across the World is majorly as per the legal maxims & legal principles as explained in this lecture.
Legal Maxims
Speed Reading Techniques24:09
This Lecture explains, how we can reduce time in reading large volume pages books in short time by following the speed reading techniques
Speed Reading

Structure of Contract & Cause Title Introduction17:46
The 5 structure points in a contract (Cause Title, Preamble, General, Operation & Boiled Plate Clauses) are explained as an overview in this lecture. Cause Title concept was explained in detailed.
Cause Title
Preamble on World Bank Contract16:23
All contracts require introduction about the contract transaction, objective and isn't a valid contract. The concept of structure point point preamble was explained with 2 practical reading on preamble's of different contracts in this lecture.
General Clauses on World Bank Contract & FIDIC Yellow Book18:52
The contract structure point "General Clauses", the objective of these clauses, the concept of more clarity in the definition & interpretation clauses relying on World Bank Contract and FIDIC Yellow Book was explained in detail in this lecture.
General Clauses
Operation Clauses on World Bank Contract & FIDIC Yellow Book26:05
The structure point Operational Clauses were explained through index to save time and with practical clauses. These Operational Clauses, help the parties to perform their obligations in the Contract.
Operation Clauses
Boiled Plate Clauses on World Bank Contract & FIDIC Yellow Book32:51
The Boiled Plate Clauses concept "providing solutions to any problems that may arise while executing the contract" were explained in this Lecture.
Dispute

Risk Identification & Risk Mitigation - Part - 121:45
This Government Contracts Review & Negotiation Course, the important requirement in a review is to understand the risk factors in the contracts terms & conditions that were explained in this Lecture.
Risk Identification
Risk Identification & Risk Mitigation - Part - 213:37
This lecture demonstrates on the project risks and contracts risks by suggesting how to mitigate such risks in the World Bank Contract.
Risk Identification

Negotiation on Contract Clauses & Project - Part - 115:54
Negotiation is a key factor for getting the Award of the Contract. Six Sigma standard practice PCTA in Negotiation is explained in this lecture. For succeeding in the Negotiation, clarity on our requirements, proper homework in convincing the other party is required. All these important requirements were explained in this lecture in practical way.
Negotiation
Negotiation on Contract Clauses & Project - Part - 217:27
All the Negotiation stages were explained with demonstration on point wise for contractual & project requirements in this lecture.
Negotiation

Contract Life Cycle Stages & Importance19:11
Contracts Management will not be completed by executing the contract. The starting point is execution of the contract, 2nd point is executing or operating according to the contract terms and conditions and communicate the same to other party appropriately, the 3rd point is to complete the contract work as planned or submit & settle the claims if any. All these 3 stages were explained in this lecture.
Contracts Life Cycle
Conclusion on all Sections Learnings & Disclaimers9:46
The learnings as mentioned in the first video were explained in detail as a recap of the entire course in this conclusion lecture. With Best Wishes.

Requirements

No Experience Required
Looking for Jobs in Contracts Management
Budding Entrepreneurs & Small Business Owners
Anyone who would like to learn contracts managment

Description

This Government Contracts Review & Negotiation Course ("Course") was designed to every one from across the World like to know about contracts management. In this Course, relied on World Bank Design and Build Model Contract ("Contract"). This Contract relies on FIDIC Yellow Book. Accordingly, the importance, demand and the Course Curriculum and the important speed reading techniques in Lecture - 4 (Helps to review huge volume books in less time and as well more effectively) were explained in Section 1 of this Course.

The Section 2 of this Course explains how to review the Contract by following the structure of the Contract (Cause Title, Preamble, General, Operation & Boiled Plate Clauses) according to the World Bank Contract & FIDIC Yellow Book. These lectures will be certainly helpful to review any contract through this structure and also through the speed reading techniques.

This Course guides how to identify & mitigate the risks through contracts terms and conditions were explained in Section 3 - Contracts Risk Management.

As Negotiation plays a vital role before concluding the Contract, Section - 4 - Contract Negotiation guides from the start point till the award of the contract negotiation process.

To make contracts profitable, implementing the 3 stages in the Contract was explained in detailed in the last Section - 5 in Lecture 14 - Contracts Life Cycle Management and in Lecture - 15 - Conclusion.

In Conclusion lecture, the learnings on effective review of a contract through contract structure and through speed reading techniques, risk identification, risk mitigation, negotiation, contracts life cycle management were demonstrated.

Who this course is for:

Freshers with any graduation looking for various Opportunities
Working professionals in Construction, Infrastructure and Software looking for career growth
This is an Intermediate Course on the First stage of Contracts Management, i.e., Contracts Review

Government Contracts Review & Negotiation

What you'll learn

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Course content

Introduction4 lectures • 1hr 46min

Contracts Structure (World Bank Model Contract & FIDIC Yellow Book)5 lectures • 1hr 52min

Contracts Risk Management2 lectures • 35min

Contracts Negotiation2 lectures • 33min

Contracts Life Cycle Management and Conclusion2 lectures • 29min

Requirements

Description

Who this course is for: