
“Contract Management requires the attention of a range of knowledge and skills to ensure contractors and suppliers deliver their obligations under a contract. The role of Contract Management is undertaken by a range of staff including Purchasing , Heads of Service and external providers and administrative staff”
The Risks
The risks attached to non-delivery of contractual obligations currently include:
- Supplier’s subcontracting
- The financial failure of suppliers
- Inadequate provision of trained resources
- Lack of adequate contract reviews
- In a recent audit it was found that of a sample:
- 30% of contracts examined had irregularities
- 15% of contracts had the basis of payment breached
- There was a risk of employer/employee relationships developing with the contractors
- No progress reports were requested on a high value contract
- A 7% mark-up on administration costs was applied to all costs leading to a significant overpayment
- Performance bond required at contract award never put in place
Our Courses are designed with practicality in mind. When the delegates return to their workplace they will be able to apply the knowledge gained. We use real life examples to illustrate the learning points. Our operational experience of contract management through consulting and research provides a background that offers clients an immediate payback on the training investment.
If you wish to learn more about how Brian Farrington Ltd can help you please call me, Ray Gambell on 01744 20698 or email me at [email protected].
The subject matter of an in-house Contract Management Course would typically include
- Knowledge and skills requirements
- Understanding key contract clauses
- Conducting effective contract review meetings
- Maintaining vigilance over supplier’s performance
- Risk profiling
- Contract payment regimes
- Contract change management
- Relationship Management
….Unless of course you want something different
Call me, Ray Gambell on 01744 20698 for more information or email me at [email protected]
Brian Farrington Ltd
Rainford Hall
Crank
St Helens
WA11 7RP