An EPC contract is utilized for the development of power and energy projects and comprehensively addresses all aspects of the design, procurement, and construction of the project. It sets forth the duties, obligations, and responsibilities of the parties, defines the scope of work, allocates risk among the parties, and sets forth the financial obligations and entitlements of the parties. Understanding the provisions, mechanisms, and concepts regularly utilized in an EPC contract is critical to successfully developing a project from inception to commercial operation.
This course will cover everything from conception to completion, with the end goal of teaching the attendees everything they need to know to go back to their organizations with a vast and holistic knowledge of the contracting process in order to participate in in-depth conversations.