Engineering Contracts and Procurement

Students will learn how to structure and work with engineering contracts to deliver and procure engineering outcomes in this subject. Students will develop a working knowledge of contract administration and gain an understanding of commercial aspects of engineering. All engineers interface commercially with engineering contracts throughout their careers, and thus the application of the subject content is broad. Those seeking to work as a contractor and as a contract administrator will find a direct application of this subject’s content. Students will learn how to use procurement and contracts to develop successful engineering projects. This includes administration of the contracts and understanding the business environment where these contracts are agreed. These skills will be useful to students in their future work and apply to a wide range of engineering disciplines.

• 1Assess the commercial viability of engineering projects
• 2Evaluate procurement strategies for a particular project
• 3Choose appropriate contract documents for the delivery of engineering projects
• 4Identify and manage risks and opportunities inherent in engineering projects
• 5Apply the fundamentals of contract law
• 6Conduct first principles cost estimating and tendering processes from a contractor's perspective
• 7Evaluate engineering tenders
• 8Apply contracts in respect to extensions of time, variations and quality
• 9Choose appropriate dispute resolution mechanisms for engineering contracts