EPC Commercial Training

The EPC Contract course provides project team members from contractor organisations with the essential knowledge of engineering, construction, and procurement (EPC) contracting on international projects.

For complex energy-related projects, including power plant projects, the preferred contract module used is normally the EPC (Engineering, Procurement, Construction) Contracts. This training course is specifically designed to address the key issues as it relate to all the parties involved in the contract. It gives you the best approach on how to allocate and manage risks, liabilities, and Force Majeure events. You will learn effective contracting strategies for successful EPC project delivery.

Objectives

• Understand the structure, components, and lifecycle of EPC contracts from project initiation to completion.
• Gain clarity on the roles, responsibilities, and liabilities of key stakeholders involved in EPC projects.
• Learn how risk is allocated under EPC contracting models and how to manage or mitigate these risks effectively.
• Analyse key contractual clauses such as scope of work, performance guarantees, variation orders, delays, and dispute resolution.
• Develop the ability to evaluate EPC procurement strategies and select appropriate contracting models for different project types.
• Enhance skills in contract negotiation, drafting, and managing contractor performance and compliance.
• Understand cost control, scheduling, and quality assurance requirements within EPC frameworks.
• Learn how to identify common pitfalls in EPC projects and apply best practices to ensure successful project delivery.