13 - 17 Mar 2023 | Dubai - UAE | $5,950 |
04 - 08 Sep 2023 | Dubai - UAE | $5,950 |
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:
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 :
The participants will gain by attending this training course, as a result of:
This training course is suitable for a wide range of profession, but will greatly benefit:
DAY ONE: MAIN CHARACTERISTICS OF EPC CONTRACTS FOR ENERGY PROJECTS
IDENTIFYING EPC PROJECT RISKS IN CURRENT MARKET CONDITIONS
IMPORTANCE OF TENDER PROCESS IN AN EPC CONTRACT
DAY TWO: KEY CONTRACTUAL TERMS OF EPC CONTRACTS
DAY THREE: RISK MANAGEMENT ISSUES EMPLOYER & CONTRACTORS RISK
DAY FOUR: CONTRACT COMPLETION – CRITICAL ISSUES
DAY FIVE: CONTRACT NEGOTIATION & DISPUTE RESOLUTION
The Energy Training Centre Certificate of Completion will be given to the participants who
attended and completed the training course.
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