Energy Industry EPC Contracts – Course in London
An increasing number of energy industry projects are constructed under the terms and conditions of Engineering, Procurement and Construction Contracts (“EPC”). Typically, an EPC contract obligates the Contractor to complete construction by a certain date for a fixed price. In the context of the energy industry, EPC’s have proven to be particularly suited to the three main considerations in construction agreements: Scope, Schedule and Budget.
The use of an EPC impacts upon such considerations as project structure, arranging financing and insurance, and the commercial agreements. The presentation on each topic will be followed by a discussion of sample terms and conditions.
Topics Covered in the Energy Industry EPC Contracts Course
Allocation of Risk under EPC
Impact on Project Structure
Implications for Project Financing
Determination of Damages
Special Circumstances for Refineries, Power Generation, Gas Processing
Who should attend
Business Development Staff
Attendance cost: £3450
Event organizer: Euromoney