Managing EPCIC Contracts For Independent Power Plants and Waste-to-Energy Plants
By attending this 3-day, two part intensive workshop, you will be able to:
- Gain Working Knowledge of the legal principles governing international Contracts from tender invitation, bid submission, contract formation, execution to breaches, redresses and dispute resolution.
- Safeguard Corporate Interests by understanding the basic principles of contract management in plain English and learning simple contract language, so as to identify risks and develop risk mitigation techniques.
- Quickly Identify Dangerous Words/Phrases in the project correspondences, which could cost your company millions.
- Effectively Manage Risks of Your Projects, With Enforceable Contract Documents, by learning the purpose and potential benefits of maintaining evidence in compliance to the contract clauses.
- Learn the Contract Enforcement Nuggets of Owners and the Variation Claims Strategies of the Contractors from a practitioner, who has worked and consulted, for major EPCIC contractors in Oil & Gas segments, Power Plants and Offshore & Marine construction yards.
- Effectively Use Your Project Execution Time by adopting the issue-spotting checklists and innovative tools for avoiding contractual pitfalls.
- Use of Contract Terms & Conditions for enhancing project performance, monitoring, reporting and achieving timely completion, thereby avoiding delays and disputes.
Expected Learning Outcomes
On completion of the workshop, the participants will have learned: –
- How to manage Contractors and Owners representatives;
- Expertise in ITB to successful bid preparation process;
- How to build a Business Case for financing from Banks and potential investors;
- How to ensure that Variations and post bidding changes are duly accounted from both risks and cost exposures aspects;
- How to interpret contracts and modify the contract conditions according to the changes in the project context and or scope;
- When and how to obtain / grant extension of time (EOT) and additional costs;
- How to manage sub-contractors when reviewing requests for additional claims, extension of time and advance payments;
- Ability to identify rights and obligations of each party to a contract instead of making subjective decisions;
- Ability to be firm in negotiations without violating terms of the agreements;
- Ability to spot different legal systems, contract laws and arbitration rules;
- Ability to negotiate and avoidance of disputes and resolution in amicable manner, in accordance with the provisions of the contract;
- Improvement in writing skills for commercial correspondences; and
- Competency in developing and maintaining documentary evidence and traceability for all works executed during the project.
Who Must Attend this Workshop?
- Heads of Power Plant Development Business Units
- EPCIC Contracts Managers
- Project Directors
- General Managers and Project Managers
- Corporate Legal Counsels
- Procurements and Supply Chain Managers
- Lawyers and Legal Professionals interested in EPCIC Segments of the Oil & Gas and Power Plant Industry