Posts Tagged ‘EPCIC’
EPCIC Contracts Masterclass
Why Choose this Training Course This is a 3-day training course. EPCIC contracts for complex construction projects, the preferred contract module used is the EPC, EPCC or EPCIC (Engineering, Procurement, Construction, Installation & Commissioning) Contracts. However, this preferred method, is not without its issues and mastering the EPCIC contracts will prove to be worthwhile in…
Read MoreEPCIC Contracts Masterclass
Why Choose this Training Course This is a 3-day training course. EPCIC contracts for complex construction projects, the preferred contract module used is the EPC, EPCC or EPCIC (Engineering, Procurement, Construction, Installation & Commissioning) Contracts. However, this preferred method, is not without its issues and mastering the EPCIC contracts will prove to be worthwhile in…
Read MoreEPCIC: Managing issues like Delay
Average reading time is 5 minutes In the oil & gas industry, EPCIC (Engineering, Procurement, Construction, Installation and Commissioning) contracts may encounter delays which can result in billion-dollar losses and multiple lawsuits. Thus, prudent parties would often start scheduling for a project from the Invitation to Bid (ITB) stage itself. Therefore, it is imperative that…
Read More5 Features of EPC contracts
Estimated reading time: 3 minutes EPC contracts are the most common form of contract used to undertake construction works of large scale and complex infrastructure projects in the global power industry. Under an EPC contract, a contractor is obliged to deliver the complete facility to a developer who needs to only turn a key to…
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