Navigating Tender Bids Proposal: Effective Drafting, Vetting and Dispute Management (27 - 28 November 2024) St. Giles Boulevard Hotel, Kuala Lumpur

OVERVIEW

Lack of knowledge in tendering processes, contract negotiation, and dispute management exposes legal professionals to considerable risks.


Non-compliance with legal and procedural requirements can result in costly errors and penalties. Poorly drafted contracts may lead to disputes or unenforceable terms, resulting in financial losses and increased legal liabilities. Additionally, ineffective dispute resolution can damage business relationships and hinder successful outcomes. Comprehensive understanding in these areas is crucial to mitigate risks and ensure effective contract management and dispute resolution.


This comprehensive two-day training is designed specifically for professionals engaged in tendering, contract negotiation, and dispute management within the Malaysian business environment. Participants will gain a deep understanding of the entire tender lifecycle, from pre-tender stages to post-award procedures. The training will provide a detailed walk-through of pre-tender, tendering, and award stages, highlighting legal obligations, liabilities, risks, and implications. Attendees will receive practical insights into best practices, tools, and proven strategies for managing tenders and bids, including drafting and vetting procurement agreements, negotiating tender contracts and recognizing critical legal clauses.


The course covers both public and private sector considerations, addressing dispute management, mediation and arbitration processes. Additionally, it will explore e-tendering, bid rigging and legal implications within the Malaysian context, supported by real-life case studies.


5 REASONS PROCUREMENT, CONTRACT & LEGAL PROFESSIONALS SHOULD ATTEND:

Non-compliance: Failing to adhere to legal and procedural requirements.

Inaccurate Contracts: Poorly drafted agreements leading to disputes or unenforceable terms.

Financial Losses: Costly errors in bid evaluation and contract management.

Legal Liabilities: Increased risk of litigation and penalties.

Ineffective Dispute Resolution: Inability to manage conflicts effciently, impacting business relationships and outcomes.


JOIN US for an unparalleled opportunity to master the intricacies of tendering, contract negotiation, and dispute management. Elevate your expertise with cutting-edge insights and practical strategies that will set you apart in the competitive legal landscape.


PROGRAM HIGHLIGHTS

  • EXAMINE pre-tender, tendering procedures, and award stages
  • IDENTIFY the legal responsibilities of both tenderers and bidders
  • APPLY best practices, tools and proven strategies for effective tender and bid management
  • UNDERSTAND legal obligations, liabilities, risks associated with tendering processes
  • INTERPRET critical legal clauses, including mediation and arbitration processes
  • ENHANCE skills in drafting and structuring technical bid documentation
  • DEVELOP competencies in drafting specifications for requests for tender (RFT)
  • ANALYZE e-tendering practices and bid rigging through real-life case studies
  • COMPREHEND both practical and legal dimensions of tendering processes

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Internal Controls Masterclass (14 - 15 August 2025) St. Giles Boulevard Hotel, Kuala Lumpur

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OVERVIEW In recent years, the issue of “internal control” has become more significant within organisation. How to strengthen your internal control system? A strong internal control system is one of the best mitigation strategies for managing internal operational and financial risks. Effective internal controls can assist an organisation to protect itself against misuse, loss of its assets and also manage its assets in a more effective and efficient manner. Additionally, putting the right effective internal controls in place can help alert management to potential problems, reducing the probability of unnecessary financial loss due to operational or regulatory non-compliance issues. This workshop aims to convince you of the importance of effective internal controls for financial, operational and compliance reasons with a practical focus to enable you to apply effective control practices at your workplace. Attending this 2-day instructor-led training programme will equip you with relevant risks and controls knowledge to enable you to identify control weaknesses, as well as implement effective control activities for the common core business processes (namely procurement, payment, revenue, receipts, inventory and fixed asset management ) found in a typical organisation. You will also learn to develop your own Internal Controls Checklists to evaluate internal control practices currently implemented in your organisation.

Leveraging ChatGPT in Risk Management and Internal Audit (13 August 2025) The Gardens Hotel, Kuala Lumpur

May 13, 2025
OVERVIEW How will risk management and internal audit professionals leverage its capabilities and address its risks? “Risk Management and Internal Audit professionals have been talking about Chat GPT. Many are curious about how it can enhance risk management and internal audit work, be it risk assessment or report writing. If you haven’t heard of it, where have you been ?" As technology continues to evolve, risk management & internal audit professionals are constantly on the lookout to implement new tools to improve the efficiency of their work . The incorporation of Artificial Intelligence (AI) tools, such as ChatGPT, has the potential to bring about huge benefits to the industry. ChatGPT represents a prime example of AI technology that warrants close monitoring in the coming year as its many benefits continue to unfold. Before diving into the opportunities and risks of using ChatGPT in the audit process, it is important to understand what we are dealing with. ChatGPT is essentially language model developed by OpenAI. It has been trained on vast amounts of data and is able to understand and respond to human language to complete various language-based tasks. For example: answering questions, writing, researching & summarizing information. ChatGPT is a great tool that can assist day-to-day risk management & internal audit work. Nevertheless, it is crucial to acknowledge its limitations and maintain professional scepticism when using it. By incorporating appropriate safeguards, ChatGPT can increasingly support risk management & internal audit functions, resource optimization, and knowledge development. Favourite Asked Questions: • How can risk management & internal audit professionals leverage ChatGPT? • What are ChatGPT’s limitations? • What are the risks of using ChatGPT in risk management & internal audit work? • Should risk management & internal audit professionals be concerned that ChatGPT would replace them in their organisations? The new language technology is a big leap forward, but are you ready to take advantage of its rapid development and leverage its capabilities and address its risks? Our 1 Day Practical Application of ChatGPT in Risk Management and Internal Audit course provides participants with a focused understanding of how ChatGPT, a cutting-edge language model, can be effectively used in risk management and internal audit processes . There will be mini lectures, interactive discussions and practical exercises using ChatGPT for risks and internal audit tasks. SIGN UP with us if you are MAD enough. MAD stands for “ Making a Difference ” if your organization wants your employees to gain the knowledge and skills required to integrate ChatGPT into their risk management and internal audit functions, optimising decision-making and enhancing overall effectiveness.