The issue of which party is responsible for design and how this risk is apportioned is central to all construction contracts. EPC contracts resemble design and build...
EPC (engineering, procurement and construction) contracts are frequently drafted to be turnkey agreements—the contractor builds the works and all the employer has to do...
EPC contracts are normally set up so that the contractor accepts much of the risk inherent in the project. The employer simply wants the project to be delivered on time...
The concept of 'handover' under an EPC contract is of fundamental importance. It determines when the main obligations and duties of the EPC contractor come to an end and...
This Practice Note provides specific guidance on exclusions and limits of liability relevant to EPC contracts. It should be read alongside Practice Note: Limiting...
There are three main procurement routes used in UK energy projects: • engineering, procurement and construction (EPC) contract procurement • split EPC contract...
This Practice Note looks at the FIDIC Conditions of Contract for EPC/Turnkey Projects 1999, commonly known as the Silver Book 1999. FIDIC published a new edition of the...
Comparison with traditional building or engineering contract The label 'EPC Contract' (or 'Turnkey Contract') is not a term of art. It is easier perhaps...