Current segment
Segment 5.6 Contracting for Major Programs and Projects
Segment 5.6 Contracting for Major Programs and Projects
Knowledge: Will know and understand | Capabilities: Will be able to |
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The development and implementation of contracts |
Advise and lead on the development and implementation of contracts |
The use and application of a range of contracting options for major programmes, projects and complex procurement activity |
Evaluate the range of contracting options for major programmes, projects or complex procurement activity, including the situations when each should be used, taking account the full scope of the project and the project outcomes |
The use of standard model form contracts for procurement activity |
Evaluate the range of standard model form contracts that are available for major programmes and projects. Select the most appropriate for the programme or project |
The development of business cases, specifications, contract terms and lotting strategies |
Create contracting plans with stakeholders that develop effective business cases, specifications, contract terms and lotting strategies |
Key clauses included in contract forms for major programmes and projects |
Interpret the key clauses included in contract forms for major programmes and projects to provide advice to colleagues and other stakeholders |
The use of optional clauses and schedules |
Evaluate and make any necessary revisions to optional clauses and schedules included in contract forms for major programmes and projects |
The use of pricing mechanisms for major programmes and projects, such as:
|
Evaluate the range of pricing arrangements available for major programmes or projects and recommend the most appropriate mechanism for the specified project, ensuring that the flows of money in the performance of contracts are equitable |
The use of partnering relationships in procurement and supply |
Encourage stakeholders to form effective on-going relationships with their supply chains |
The use of early warning notices and risk reduction meetings in projects and programme management |
Work to ensure suppliers perform contractual duties, and encourage good practice in the management of projects and programmes to avoid escalating costs and delays |
Mechanisms for managing risks with suppliers in programmes and projects |
Create risk registers and other mechanisms for managing risks in programmes and projects, and recommend arrangements for the sharing of risk with the organisation's supply chain to minimise disruption and costs |
Timescales and approvals for contracts |
Streamline contracting processes that maximise efficiency and effectiveness |
The development and implementation of contracts
Advise and lead on the development and implementation of contracts
The use and application of a range of contracting options for major programmes, projects and complex procurement activity
Evaluate the range of contracting options for major programmes, projects or complex procurement activity, including the situations when each should be used, taking account the full scope of the project and the project outcomes
The use of standard model form contracts for procurement activity
Evaluate the range of standard model form contracts that are available for major programmes and projects. Select the most appropriate for the programme or project
The development of business cases, specifications, contract terms and lotting strategies
Create contracting plans with stakeholders that develop effective business cases, specifications, contract terms and lotting strategies
Key clauses included in contract forms for major programmes and projects
Interpret the key clauses included in contract forms for major programmes and projects to provide advice to colleagues and other stakeholders
The use of optional clauses and schedules
Evaluate and make any necessary revisions to optional clauses and schedules included in contract forms for major programmes and projects
The use of pricing mechanisms for major programmes and projects, such as:
- Fixed lump sum
- Activity schedule
- Bills of quantity
- Target costing methods
- Risk and reward pricing mechanism
- Cost reimbursable
Evaluate the range of pricing arrangements available for major programmes or projects and recommend the most appropriate mechanism for the specified project, ensuring that the flows of money in the performance of contracts are equitable
The use of partnering relationships in procurement and supply
Encourage stakeholders to form effective on-going relationships with their supply chains
The use of early warning notices and risk reduction meetings in projects and programme management
Work to ensure suppliers perform contractual duties, and encourage good practice in the management of projects and programmes to avoid escalating costs and delays
Mechanisms for managing risks with suppliers in programmes and projects
Create risk registers and other mechanisms for managing risks in programmes and projects, and recommend arrangements for the sharing of risk with the organisation's supply chain to minimise disruption and costs
Timescales and approvals for contracts
Streamline contracting processes that maximise efficiency and effectiveness
This segment was last updated on: 5th November 2024