The course will look at why EPC Contracts are used,and the challenges that they present, both for Clients and Contractors. It will also examine the drafting of EPC Contracts, and look at real examples, with a view to showing how to avoid or manage problems. The key skills addressed will include understanding different contracting strategies, appreciating the problems that EPC solves, and those it does not; considering the issues from both the Client’s and Contractor’s point of view, drafting and negotiating contracts, and managing contractual relationships to avoid disputes. In just 3 days you will:
Understand what ""EPC"" means, and how this type of contract differs from other types of contract (such as Design&Build or Turnkey)
Master negotiating techniques for the tendering process
Learn how to select an appropriate contracting model and appreciate the consequences of making the wrong selection
Examine a real EPC contract to understand the development, formation and issues involved in negotiations with contractors
Understand how to manage international contracts
Learn how to deal with conflict and practise negotiation strategies