Engineering Procurement and Construction (EPC) Contracts for Energy Industry

An Interactive 5 - Day Training Course

Engineering Procurement and Construction (EPC) Contracts for Energy Industry

Skills and Strategies for Successful EPC Contracts

Classroom Dates
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15 - 19 Apr 2024
Dubai
$5,950
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02 - 06 Sep 2024
Dubai
$5,950
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14 - 18 Apr 2025
Dubai
$5,950
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For complex energy related projects including power plant projects, the preferred contract module used is normally the EPC (Engineering, Procurement, Construction) or EPCIC (Engineering, Procurement, Construction, Installation & Commissioning ) Contracts.

Though it is the preferred method it is not without its issues and mastering the ins and outs of the EPCIC contracts will prove to be a worthwhile endeavour in mitigating risks and liabilities that are likely to arise in these contracts.

EPCIC contracts are uniquely challenging and parties who are currently involved or will be involved in these types of contracts which are mainly large and complex and often fast-track must find ways to reduce potential financial losses through effective contract negotiation, drafting, and management.

Mastering the contractual clauses will give you the know-how to effectively implement EPC & EPCIC contracts to ensure a successful project.

This training course is specifically designed to address the key issues as it relates to all the parties involved in the contract. It give you the best approach on how to allocate and manage risks, liabilities, Force Majuere events. You will learn effective contracting strategies for successful EPCIC project delivery.

The training course seeks to ensure that the participants will:

  • Be skilled in EPC contract negotiation and administration
  • Be part of a team able to manage risks in EPCIC contract
  • Better execution and project management to minimize risk delay and costs over-runs
  • Safeguard the projects essentials and maintain contractor relationships for long term success and efficiency
  • Achieve the project goals in line with company’s overall objectives

The participants to this training course will receive a thorough training on the subjects covered by the seminar outline with the Trainer utilising a variety of proven learning teaching and facilitation techniques. Seminar methodology includes interactive session with role playing, case studies, discussion groups and scenario building and the high- point of the course being a simulation exercise of an EPCIC contract negotiation involving interactive role play by the participants.

This training course will provide the participants an ideal opportunity to improve and sharpen their skill sets in planning, negotiating and managing EPC contracts.

EPC contracts is the preferred contract module for major complex projects in the energy sector. Your organisation will benefit from this course by :

  • Gaining expertise and improving knowledge and skill sets of personnel dealing with EPC contracts on its essential terms and conditions
  • Knowledge of EPC contracts to work out best contract strategies
  • Understand the risk factors in EPC and how to mitigate them before they affect profits and bottom lines
  • Enhancing internal capacity to manage key contractual risks
  • Better managing claims and disputes and avoiding adversarial approaches
  • Enhancing contract personnel negotiation skills

The participants will gain by attending this training course, as a result of:

  • Appreciating the terms and conditions of EPC contracts
  • Managing and mitigating risks associated with EPCIC contracts
  • Ensuring smooth contract administration
  • Dealing with critical issues involved with contract completion
  • Choosing most appropriate form of dispute resolution
  • Enhancing your ability to negotiate and manage claims and disputes with confidence

This training course is suitable for a wide range of profession, but will greatly benefit:

  • Contract/Project Professionals
  • Commercial Contract Professionals
  • Commercial Operation Professionals
  • Contract Engineers
  • Procurement Supply Chain Professionals
  • Risk Manager/Contract Risk professionals

DAY ONE: MAIN CHARACTERISTICS OF EPC CONTRACTS FOR ENERGY PROJECTS

  • Understanding EPC role matrix and contract structure
  • Maximizing parties rights and interests with appropriate contracting strategy
  • EPC Contractor’s single point of responsibility
  • Split contract structure
  • Fixed Contracts Price and Milestone Payment Terms
  • Fixed Completion Date

IDENTIFYING EPC PROJECT RISKS IN CURRENT MARKET CONDITIONS

  • Roles & Responsibilities of Parties during contract period
  • Assessing risks in times in a challenging economy
  • Assessing how risks have been changed by current challenges in the economy
  • Project Contracting Trends
  • Overcoming Business, Operational, and Project Risk
  • Are Projects Prepared for Market Risks
  • How to contract out project risk and optimize value Chains in EPC Contracts?

IMPORTANCE OF TENDER PROCESS IN AN EPC CONTRACT

  • Legal, Technical and Commercial Pre-Qualification of tenderers
  • Best practices in tender evaluations and selection of tenderer
  • Important of scope of work and specifications
  • Use of Standard Terms and Conditions
  • Exceptions: What to accept and What to deny
  • Finalizing tender negotiations & award
  • Letter of Intent/Letter of Award: Essential Terms and Legal Effects
  • Discussion & Analysis of different tendering & contracting strategies

DAY TWO: KEY CONTRACTUAL TERMS OF EPC CONTRACTS

  • Identifying critical issues in the project life-cycle
  • Managing cost impact clauses like delay, price fluctuations
  • Indemnities and Liabilities
  • Force Majeure & Limiting events of Force Majeure
  • MAC Clauses
  • HSE Liabilities
  • Changes in Law and regulations in host country & stabilization clauses
  • Political Risk Insurance
  • Termination for cause and for convenience
  • Discussion of Case Study on FIDIC EPC Contract

DAY THREE: RISK MANAGEMENT ISSUES EMPLOYER & CONTRACTORS RISK

  • Contracting Out Risk & Optimizing Value Chains
  • Design, Technology, & Process Risk 
  • Procurement & Specification risk
  • Variations and Cost Impact
  • Payment and Multi- currency Contracts
  • Delay and Liquidated Damages
  • Completion and Testing & Effects of Acceptance
  • Passing of Risk on Completion
  • Claims management & the rights and remedies available to the parties
  • Liability, Indemnities, and Insurance Coverage

DAY FOUR: CONTRACT COMPLETION – CRITICAL ISSUES

  • Date of Completion
  • Acceptance of punch list of defects - What is the effect?
  • Passing of Tile and Risk: Safety & Insurance 
  • Warranties and Guarantees
  • Passing of Intellectual Property rights
  • Defects: Exculpatory Clauses
  • Defects Liability period, Contract Claims, and Employer Remedies
  • Termination of Contract: Rightful & Wrongful Termination

DAY FIVE: CONTRACT NEGOTIATION & DISPUTE RESOLUTION

  • Acquiring Negotiation Skills
  • Reviewing the Harvard Law School Points on Negotiation Skills
  • Key roles and responsibilities of the negotiating team
  • Identifying key success bargaining positions
  • Concluding Negotiations
  • Dealing with Disputes: Choosing the Best Disputes Resolution Process
  • Should you Mediate or Arbitrate
  • Costs and other Considerations
  • Inter-active Session on Negotiation Skills

We offer two main training formats to cater to different preferences and needs: 

  • Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
  • Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.

The Energy Training Centre Certificate of Completion with corresponding learning hours who has successfully completed the training course.

Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.

We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at info@energytraining.ae.

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at inhouse@energytraining.ae to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

We have multiple international training venues. You may find this through our website link: https://energytraining.ae/training-locations 

Our training courses are held at our partnered hotels within the city included within our training

Yes, here are the following options we can offer to assist you:

  • Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
  • Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.

Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.

No, we do not provide job placement services after the training course. However, we are confident that our training course equips you with the necessary tools and knowledge to enhance you career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.

Classroom
  • Tuition fee for a 5-day training course
  • Provision of a world-class subject matter expert to deliver this training
  • Meeting at a hotel venue corresponding to your chosen session
  • Welcome food and drinks, AM / PM snack, and Lunch
  • Digital course materials (e-Tablet)
  • Course completion certificates
  • Designing and administration of Pre-& Post Course Assessments
  • Preparation of participant’s Performance and Appraisal Report, if required
  • Issuance of Letter of Invitation for delegates needed visa processing, if required
Online
  • Tuition fee for a 5-day online training course
  • Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
  • An electronic copy of the training manual and relevant hand-outs
  • Issuance of The Energy Training Centre e-Certificate of Completion
  • Administration of Pre-& Post Workshop Assessments
  • Link access of online platform acceptable to both parties

Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to info@energytraining.ae. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at info@energytraining.ae

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receipt of your registration details sent via email at reg@energytraining.ae, we will send you the following by e-mail within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

 If you register online, you will receive an e-mail on the same day confirming your registration.

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at info@energytraining.ae. Our team will guide you through the registration process and provide assistance you may need.

Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.

Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.

Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at info@energytraining.ae. Alternatively, you may call/WhatsApp us at +971 50 746 0956.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggested a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.

We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, Energy Training Centre is an ILM Recognised Provider (ID# 002398B), authorized to register learners and offer training courses recognized by ILM. Participants seeking ILM Recognised Certification would need to complete an assessment post the ILM Recognised courses. ILM is a renowned provider of leadership and management qualifications, part of the City and Guilds Group. Additionally, our company is a CPD Certified Training Company, ensuring our commitment to continuous professional development standards.

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