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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.

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Register for this course

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

  1. 01Risk in Supply and Works Contracts
  2. 02Performance Bonds and Advance Payment Guarantees
  3. 03Insurance Requirements for Contracts
  4. 04Verifying Bonds, Guarantees and Cover
  5. 05Retention, Warranties and Defect Liability
  6. 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

DatesVenueDaysFeeCalendarRegister
6 to 8 Oct 2026Johannesburg3R13,000Register
7 to 9 Oct 2026Cape Town3R13,000Register
12 to 14 Oct 2026Durban3R13,000Register
13 to 15 Oct 2026Pretoria3R13,000Register
14 to 16 Oct 2026Windhoek3US$1,500Register
19 to 21 Oct 2026Gaborone3US$1,500Register
20 to 22 Oct 2026Maseru3US$1,500Register
21 to 23 Oct 2026Mbabane3US$1,500Register
26 to 28 Oct 2026Lusaka3US$1,500Register
27 to 29 Oct 2026Harare3US$1,500Register
28 to 30 Oct 2026Lilongwe3US$1,500Register
2 to 4 Nov 2026Blantyre3US$1,500Register
3 to 5 Nov 2026Mozambique3US$1,500Register
4 to 6 Nov 2026Nairobi3US$1,500Register
9 to 11 Nov 2026Dar es Salaam3US$1,500Register
10 to 12 Nov 2026Kigali3US$1,500Register
11 to 13 Nov 2026Kampala3US$1,500Register
16 to 18 Nov 2026Accra3US$1,500Register
17 to 19 Nov 2026Lagos3US$1,500Register
18 to 20 Nov 2026Cairo3US$1,500Register
23 to 25 Nov 2026Mauritius3US$1,500Register
24 to 26 Nov 2026Dubai3US$1,500Register
25 to 27 Nov 2026Online3US$900Register

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.

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