Legal Compliance in Contract and Tender Management

Details

This course provides a thorough understanding of the legal aspects of contract preparation, tender management, and execution, essential for minimizing risk and enhancing the integrity of financial operations in any organization.

Target Group

Target Group:

• Finance professionals
• Auditors and compliance officers
• Contract managers
• Legal advisors within financial departments
• Procurement and tender committee members

Goals

• Master the legal principles governing contracts and tenders.
• Understand the statutory requirements for tender processes and contract drafting.
• Develop strategies to mitigate risks associated with contract and tender management.
• Enhance skills in auditing for compliance during and after contract execution.
• Build capabilities in managing disputes and enforcing contract terms.
• Apply best practices in documentation and reporting to ensure transparency and legal adherence.

Target Competencies

Target Competencies:

• Legal expertise in contracts and tenders
• Risk management and mitigation
• Auditing for legal compliance
• Dispute resolution skills
• Ethical procurement and contract management

Outlines

Legal Foundations and Principles

• Overview of contract law relevant to corporate contracts.
• Understanding the legal framework for tenders and public procurement.
• Principles of fairness and transparency in tender processes.
• The role of contractual obligations and rights.
• Ensuring enforceability of contracts under various jurisdictions.

Preparing and Managing Tenders

• Steps in the tendering process from announcement to selection.
• Legal requirements for bid documents and tender advertisements.
• Handling conflicts of interest and maintaining ethical standards.
• Strategies for evaluating bids legally and effectively.
• Use of technology in secure and compliant tender management.