Posts Tagged ‘contract’
5 Features of EPC contracts
Estimated reading time: 3 minutes <5 Features of EPC Contracts> EPC contracts are the most common form of contract used to undertake construction works of large scale and complex infrastructure…
Read MoreWhat is Contract Negotiation?
Estimated reading time: 6 minutes Contract negotiation is the process in which two or more organisations discuss the details of the contract before committing the terms to writing. The organisations…
Read More6 Best Practices to Increase Supply Chain Value
Estimated reading time: 5 minutes Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product’s flow, from acquiring raw materials and…
Read MoreTips on How to Prevent Disputes When Dealing with EPC Contracts
Estimated reading time: 5 minutes When understanding contractor costing in the international power generation industry, it involves preparing an accurate cost estimate for any project. The preparation of this…
Read MoreAdvantages of Production Sharing Contracts
Estimated reading time: 5 minutes Production Sharing Contracts 2019 A PSC (Production Sharing Contract), or PSA (Production Sharing Agreement), creates a contractual relationship between an IOC (International Oil Companies)…
Read More5 Tips to Minimise Unexpected Demurrage Fees
Estimated reading time: 5 minutes Laytime and demurrage are traditionally one of the most contentious issues in the shipping industry, owing to the frequency with vessels are delayed in…
Read MoreManaging EPC Contracts
Estimated reading time: 6 minutes There are several key success factors to manage EPC contracts. These types of contract are often referred to as Engineering, Procurement and Construction (EPC) contracts…
Read MoreUnderstanding Production Sharing Contracts
Estimated reading time: 3 minutes Production Sharing Contracts 2019 The Production Sharing Contract is one of the most significant form of legal contracts/agreement to be found in the oil and…
Read MoreUnderstanding A Contractor’s Capabilities and Readiness to Perform
Estimated reading time: 3 minutes Refineries, petrochemical plants and power plants are all major investments. Ongoing care and maintenance of the assets can involve up to 50% of the…
Read MoreTips On Achieving Successful Contract Negotiation
B2B sales negotiations is not a simple task. It requires careful steps by both the seller and buyer. How can we ensue success in our contract negotiation? Here are some…
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