The course covers in detail the process of estimation of a project, procedure related to
tenders for their execution, contractual conditions applicable, contract administration
for successful execution and dispute resolution.
The course also covers legal issues
related to contracts including Contract Act, Arbitration and Conciliation Act.
cases will be discussed at all stages of the course for the better comprehension.
Project cost estimation, rate analysis, overhead charges, bidding models and bidding
strategies. Owner's and contractor's estimate.
Pre-qualification of bidders and enlistment of
Tendering and contractual procedures, Indian Contract Act1872, Definition of Contract and its
applicability, Types of contracts, International contracts, FIDIC, Conditions and specifications
Contract administration, Duties and responsibilities of parties Claims, compensation
and disputes, Dispute resolution techniques, Arbitration and Conciliation Act 1996, Arbitration
case studies, Negotiation.
No. of Hours
Introduction of the course.
Project cost estimation (a) Approximate Estimate and administrative approval and expenditure sanction.
Project cost estimation (b) Detailed Estimate.
Rate analysis (a) standard methods as followed by government organizations for tendering purposes.
Rate analysis (b) as followed by contractor organizations for bidding Purposes.