Procurement Risk, Bonds and Insurance for Supply Contracts
When large supply and works contracts fail, the difference between recovery and loss often comes down to the bonds, guarantees and insurance the buyer secured up front. This course helps African procurement teams identify contract risk and select the right performance bonds, advance payment guarantees and insurance cover to protect the organisation. Delegates learn to specify, verify and call on these instruments with confidence.
What you will be able to do
Identify the financial and delivery risks in supply and works contracts.
Select appropriate performance bonds and advance payment guarantees.
Specify insurance requirements for goods, works and liability.
Verify the validity and wording of bonds and guarantees.
Manage retention, warranties and defect liability provisions.
Trigger and call on bonds, guarantees and claims correctly.
Course outline
01Risk in Supply and Works Contracts
02Performance Bonds and Advance Payment Guarantees
03Insurance Requirements for Contracts
04Verifying Bonds, Guarantees and Cover
05Retention, Warranties and Defect Liability
06Calling on Bonds, Guarantees and Claims
Who should attend
This course suits procurement and contract managers, buyers and project procurement staff handling high value supply, service and works contracts.
Dates, venues and fees
Dates
Venue
Days
Fee
Calendar
17 to 19 Aug 2026
Durban
3
R13,000
24 to 26 Aug 2026
Johannesburg
3
R13,000
7 to 9 Sep 2026
Mauritius
3
US$1,500
14 to 16 Sep 2026
Dubai
3
US$1,500
21 to 23 Sep 2026
Lagos
3
US$1,500
28 to 30 Sep 2026
Harare
3
US$1,500
5 to 7 Oct 2026
Kampala
3
US$1,500
12 to 14 Oct 2026
Dar es Salaam
3
US$1,500
19 to 21 Oct 2026
Pretoria
3
R13,000
26 to 28 Oct 2026
Cape Town
3
R13,000
9 to 11 Nov 2026
Online
3
US$900
16 to 18 Nov 2026
Mozambique
3
US$1,500
23 to 25 Nov 2026
Cairo
3
US$1,500
30 Nov to 2 Dec 2026
Accra
3
US$1,500
7 to 9 Dec 2026
Lusaka
3
US$1,500
14 to 16 Dec 2026
Kigali
3
US$1,500
21 to 23 Dec 2026
Nairobi
3
US$1,500
Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.