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Understanding and Negotiating EPC Contracts, Volume 2: Annotated Sample Contract Forms

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Description

Any project which involves an EPC contract is also likely to involve a lot of other complicated contracts. The challenge of the parties to an EPC contract is not to check out to eliminate risk but moderately put into place a narrative structure that enables the parties to predict the contractual result that would obtain if a risk materializes. If the EPC contract does not allow the parties to resolve the consequences of an unanticipated situation, they’re going to have to look to an expert, mediator, tribunal, or court to impart guidance or pass judgment.

The sample forms of contract contained in Volume 2 of Understanding and Negotiating EPC Contracts are intended to serve as a guide to demonstrate how risks and responsibilities will also be allocated among project sponsors, EPC contractors and the more than a few other parties that can be involved in a project.

Collectively the sample forms in this volume offer an unusual resource that provides the advantage of lessons learned and priceless insight into any project being undertaken which can help assure the resilience of any EPC project.


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