An Interactive 5-Day Training Course

Effective Purchasing, Tendering & Supplier Selection: Managing & Negotiating with Consultants & Contractors

NASBA

Course Introduction

Organisations across every sector now rely on an expanding mix of suppliers, consultants and contractors to deliver core work, from major capital projects to specialist advisory support. Surveys of procurement and contracts functions consistently show that poorly structured tendering, weak contract terms and under-prepared negotiation are among the most common sources of cost overrun, schedule slippage and disputed performance.

This creates a persistent challenge for hiring managers, procurement professionals and contract owners: how to select the right supplier, consultant or contractor, agree terms that protect the organisation, and then manage and negotiate the relationship so that performance, cost and risk stay under control from tender through to contract close-out.

This training course brings together the full commercial and legal lifecycle of working with external suppliers, consultants and contractors, from defining the business need and running a competitive tender, through evaluating bids and negotiating contract terms, to awarding, monitoring and continuously improving performance.

This Managing, Tendering & Negotiating with Suppliers, Consultants & Contractors training course will highlight:

  • Defining the business need, Statement of Work (SOW) and Terms of Reference (TOR)
  • Supplier, consultant and contractor selection and pre-qualification methodology
  • Preparing tender documents, running competitive tenders and evaluating bids
  • Total cost, value and life cycle costing analysis
  • Key contract clauses and principled negotiation technique
  • Contract award, performance monitoring and continuous improvement

Objectives

By the end of this training course, participants will be able to:

  • Define business needs and prepare a robust Statement of Work or Terms of Reference
  • Evaluate and select the best-fit suppliers, consultants and contractors
  • Prepare and understand key clauses in contract documents
  • Apply total cost, value and life cycle costing analysis to purchasing decisions
  • Negotiate as a principled negotiator across the pre- and post-award process
  • Manage and improve the ongoing performance of suppliers, consultants and contractors

Training Methodology

This training course will be delivered through a highly interactive and participative workshop style, combining direct input from a recognised Contracts & Procurement Professional with group discussions, case studies and practical exercises.

Delegates will work through a carefully designed case study spanning the full tender-to-contract-close-out cycle, with role plays used to build hands-on negotiation practice matched to real commercial scenarios.

Organisational Impact

Enrolling staff on this training course will help your organisation to:

  • Achieve a higher return on investment from suppliers, consultants and contractors
  • Reduce risk and potential liability arising from poorly structured contracts
  • Deliver materials and services at reduced cost and increased value
  • Improve control over on-time, on-budget delivery from external parties
  • Raise the success rate of selecting the right supplier, consultant or contractor
  • Retain money within the organisation through more productive negotiations

Personal Impact

By attending this training course, participants will be able to:

  • Engage confidently in tendering, contract and negotiation processes
  • Apply increased skill in the selection and management of suppliers, consultants and contractors
  • Use cost, value and life cycle analysis as practical decision-making tools
  • Manage internal and external relationships more effectively
  • Deliver improved negotiated outcomes and control project progress against baseline
  • Gain greater professional recognition through improved commercial performance

Who Should Attend?

This training course is a great way to develop those new to the purchasing, procurement or contracts function, to prepare for a significant project, or to act as a refresher for veteran professionals.

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Purchasing and Procurement Professionals
  • Contract and Contracts Management Professionals
  • Project and Engineering Project Professionals
  • Those involved in preparing, analysing or evaluating bids
  • Those with responsibility for supplier, consultant or contractor relationships
  • Financial Personnel whose leadership wants advanced contracting and negotiation skill sets

Course Outline

Day 1

Foundations: Purchasing & Contracting Strategy

  • Understanding and Defining the Business Need
  • The Role and Positioning of the Purchasing & Contracting Function
  • Preparing a Cost-Benefit Analysis
  • Defining the Statement of Work (SOW) or Terms of Reference (TOR)
  • Market Intelligence and Benchmarking for Suppliers, Consultants and Contractors
  • Developing a Sourcing and Contracting Strategy
  • Vision, Mission and Value of the Purchasing Function
Day 2

Supplier & Contractor Selection and Tendering Preparation

  • Supplier and Contractor Selection Methodology
  • Criteria for Pre-Qualifying Suppliers, Consultants and Contractors
  • Conducting Sourcing Analysis
  • Preparing a Tender Document
  • Establishing Service Level Agreements (SLAs)
  • Types of Tender and Electronic Commerce / E-Auctions
  • Conducting the Tender Briefing
Day 3

Bid Evaluation & Cost/Value Analysis

  • The Competitive Tendering Process
  • Proposal and Bid Evaluation Techniques
  • The Total Cost Approach to Purchasing
  • Analysing Cost and Analysing Value
  • Life Cycle Costing
  • Contract Pricing and Price Adjustments
  • Tender Clarification
Day 4

Contract Development & Negotiation

  • Understanding the Concept and Principles of Contract Law
  • Model Contract Formats for Suppliers, Consultants and Contractors
  • Important Contract Terms to be Included
  • Key Clauses: Finance, Progress Reporting, Payment, Confidentiality, IPR, Insurance and Warranties
  • The Pre-Negotiation Process
  • Negotiating as a Principled Negotiator: Tools and Phases
  • Overcoming Obstacles to Effective Negotiation
Day 5

Contract Award, Performance & Continuous Improvement

  • Awarding of Contract
  • Monitoring Progress and Performance Against SLAs and KPIs
  • Tracking Progress in Achieving Savings
  • Managing Risk and Change Control
  • Contract Administration
  • Evaluating Performance Gaps
  • Preparing a Plan of Improvement Action; Learning from Engagements

Certificate

On successful completion of this training course, Oxford Management Centre Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor will be awarded to the delegates

Accreditation

NASBA
Effective Purchasing, Tendering & Supplier Selection: Managing & Negotiating with Consultants & Contractors
Duration
5 Days
Format
Classroom
Language
English
Certificate
Yes
Choose the date and location that suits you:
Classroom Sessions
London
31 Aug - 04 Sep 2026
Fee: $ 5,950
Book your place

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FREQUENTLY ASKED QUESTIONS

Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:

Yes, Oxford Management Centre is accredited by the following professional bodies;

National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.

Yes, discounts are available. For further information please call +971 50 985 0174 or email, info@oxford-management.com

Note: Discounts are not applicable with any other special offer that may be available.

All course bookings made through Oxford Management Centre are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.

Oxford Management Centre reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.

There are 2 easy ways to register:

  • Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
  • E-mail: Send your details to info@oxford-management.com

We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.

For more information request, email info@oxford-management.com or call +971 50 985 0174.

The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.

While, online training fees cover the course presentation and digital documentation and relevant materials.

The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.

Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.

Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.

Upon receipt of your registration form, we will send you the following by e-mail:

  • Registration Confirmation
  • Invoice/Receipt (where appropriate)

If you register online you will receive an e-mail within 24 hours confirming your registration.

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