Managing International EPC Contracts in the Global Power Industry

Topics

• The key features and contractual provisions of an EPC contract
• The importance of ‘scoping’ an EPC project correctly both from the client/end user perspective and the contractor
• How an EPC contract is structured
• The dynamic nature of contractual provisions and some of the consequences that arise as a result of them within the commercial world
• Key procurement aspects associated with EPC contracts and projects
• The fundamentally important aspects of managing risk in an EPC contract
• What to focus on for managing the commercial performance of an EPC contract
• Be competent in supplier selection and evaluation
• Managing critical interfaces in power projects such as access to grid; fuel specifications and the commissioning regime
• The importance of project change orders and how to efficiently manage change
• The requirements and importance for EPC projects in efficiency of critical (long) lead items and their impacts, both positive and potentially negative

Who should Attend

• Cost estimators
• Project managers
• Project finance individuals
• Individuals involved with the contractual aspect of projects
• Anyone who wished to gain a deeper understanding of the project cost management function