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Contract Administration
Course Type: Non - Certification
Duration: 1 Day
Professional Development Unit (PDU): 8
Availability: In-House Training | Public Training
Course Overview
This 1-day course provides an overview of the key important factors in contracts, the module has been developed based on the Contracts Act of Malaysia 1950. It is important for the participants to know their role in drafting, reviewing, and apportioning risk response measures in every contract.
At the end of the training, participants will address how to apply a logical, systematic and comprehensive approach to reading, managing and implementing a contract so that the team is able to manage the vendors and to satisfy the legal obligations detailed in the contract.
Course Outline
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Discharge of Contracts
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What is Quantum Meruit Claims?
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Financial Remedies for Breach of Contract
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Legal application of Liquidated Ascertained Damages (LAD)
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Nature of construction Disputes and Claims
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Liability of the Contract Administrator
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Dispute Resolution via:
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Mediation
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Arbitration
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Adjudication
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Closing out the contract and procurement process
Learning Outcome
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The consequences of non-compliance to the contract
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Methods of dispute resolution
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Obligations of the parties to the contract
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Defining and discerning Breach of Contract
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Application of the law to LAD and EOT
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How contracts can come to an end (the conditions for termination)
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Case studies of common claims and disputes in Malaysia
Target Audience
This course is tailored for Project Managers, Project Leaders, Project Controllers, Contract Managers, Construction Managers, Offshore Managers, Contract Administrators, Procurement Department Personnel & Sub-Contract Department.
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