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Administering Contracts: From Start to Finish

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Seminar #4309
June 9 - 11, 2014
Chicago, IL

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The objective of every organization is that the contracting process results in a fair and reasonable price for high quality, on-time delivery of goods, equipment or services required. This seminar is designed to take the participant through the many steps of contract administration from the time the award is made through acceptance and final payment. Those attending will have a better chance of ensuring that the contract close out is at the end of a very successful project.

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Bio for Robi Bendorf

Who Should Attend

Anyone with contract administration responsibilities, especially those working in organizations that demand world-class skills sets from those involved in contract administration activities.

You Will Learn...
  • Three phases of the Contract Life Cycle
  • 19 important elements of contract administration
  • Contract administration techniques
  • Three types of Statement of Work
  • How to get fair treatment in contract changes
  • Four major outputs of Contract Administration
  • Developing the Work Breakdown Structure
  • Four ways to manage Risk
  • Seven steps in developing Economic Price Adjustment Clauses
  • Eight ways contracts end
  • Forms of payments and considerations for Progress Payments
  • Acceptance and close out issues
  • The inputs and outputs in contract administration
You Will Earn...

14 continuing education hours

Course Outline
  1. Objectives of contract administration, contract life cycle, important elements, skills sets, key players and inputs to contract administration
  2. The post award conference, contract documentation, Statements of Work, Developing the Work Breakdown Structure
  3. Typical outputs of contract administration, monitoring techniques, performance measurement, identify and controlling risk
  4. Contract types, and contracts with economic price adjustments
  5. Maintaining contract schedules, expediting techniques, major causes of changes, contract price changes and evaluating price changes
  6. Force majeure, liquidated damages, buyer’s rights before performance is due
  7. Breach of contract and supplier/contractor relationships
  8. Final acceptance, forms of payment, progress payments
  9. Claims and disputes, close out procedures and post contract review meeting

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Hotel Information

Hilton Garden Inn Chicago O'Hare Airport
2930 South River Rd.
Des Plaines, IL 60028

The discounted room rate of $139(USD) single/double is available. Be sure to mention ISM to receive the ISM discounted rate.

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In order to ensure maximum participation interaction and learning, enrollment is limited.

Seminar Hours:
2-Day Seminars
First Day: 8:30 a.m. - 4:30 p.m.
Second Day: 8:30 a.m. - 4:00 p.m.

3-Day Seminars
First Day: 8:30 a.m. - 4:30 p.m.
Second Day: 8:30 a.m. - 4:30 p.m.
Third Day: 8:30 a.m. - 4:00 p.m.

One-Day Seminars:       8:30 a.m. - 4:30 p.m.

Half-Day Seminars (On-Point):     1:00 - 4:30 p.m.

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Seminar #4309 Regular Price Member Price
Cost: $1,899.00 $1,599.00
Early Bird*: -$200.00 -$200.00
Total: $1,699.00 $1,399.00
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* Save USD $200 when you register 30 days or more prior to the program start date (not applicable to One-Day programs). Payment must be received at the time of registration in order to qualify for the early bird discount.

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