After attending this program, the participants will be able to:
● Learn the concept of Contractual obligations.
● GCC of contract and BG encashment procedures and Procurement Policy.
● Understand the documents required for Bill Processing and Financial Concurrence, including the requirements of Internal Audit.
● Preventive Vigilance.
● Dispute Avoidance Mechanism and its procedure.
● Statutory Compliance.
Programmes Course Coverage:
C&M –Contracts and Procurements
Bills payment and documentation and Internal Audit
Labour Laws and Factories Act 1948
Important Policies- Fraud Prevention Policy, Integrity Pact, Banning Policy & PC Act Preventive Vigilance- Do & Don’t in tendering &Contract execution
Dispute Resolution and Arbitration process- Role of EIC Arbitration Process of Arbitration/ Claim & Counter Claim Proceedings/Finalization of Award/Challenge of Award/Execution of Award
Programmes Methodology:
Lecture and Discussion
Programmes Who May Attend:
EICs
Programmes Coordinators:
Surenthiran N
Programme Overview and Objective:
The main objective of this training is to provide the functional inputs related to Contractual obligations and its imperative for the organization, Vigilance related procedures and its implications and avoidance for disputes with the clients etc.