EPC Contracts for Energy Industry

This course discusses key risk allocation issues, and the structuring of the contract in a project financing context. Delegates will be introduced to the key terms and negotiation issues in EPC arrangements, the role and incorporation of technical details, and the impact of project specifications in EPC arrangements.

This course will benefit participants with different levels of experience. For those with no experience, it will provide a basic tool kit of what EPC contracts look like, what are the major terms and perspectives of owners, contractors and lenders, as well as familiarity with what the major areas of dispute may be during the construction phase and how to manage them. For the more experienced, it will be a masterclass on EPC contracts, covering the key commercial and technical issues in the construction market today. The course director has vast experience of EPC contracts and can answer literally any question on the subject.

Course Sessions

1. Legal framework

2. Bankability issues and project structuring

3. Administering EPC contracts

4. Claims and claims resolution

5. Managing contractors and subcontractors

Benefits of Attending

• Best practices in negotiating EPC contracts

• Understand the procurement options for projects and the associated risks and opportunities

• Consider alternative pricing, incentivisation and risk allocation approaches

• Develop an understanding of the current EPC market and the legal risks associated with such forms of contracting

• Learn what the major areas of dispute may be in construction projects and how to manage them

• Understand the key specificities of construction projects in your region of the world