EPC Contracts and Major Projects (2nd Ed)

Provides a guide to the components of engineering, procurement and construction contracts for major projects
Takes an in-depth look at the issues covered by EPC contracts identifying what those contracts cover and what are the variables and negotiating points
Examines the approach to and issues arising in respect of contracts related to EPC contracts including letters of intent, bonds and guarantees and direct agreements
Examines many of the issues covered in the context of PFI/PPP projects, addressing the interrelationship between the construction arrangements and other project contracts including concession agreements
Examines other procurement options, such as engineering, procurement and construction management (EPCM) contracts
It looks at how the risks in projects can be allocated and managed by the project participants and the interface issues which exist between construction and operation subcontractors
Provides a comprehensive list of the issues covered by each project contract and operates as a checklist for the parties preparing and negotiating such contracts
Covers other related project contracts including joint venture agreements, consultant's appointments, operation and maintenance agreements and concession agreements
Discusses construction financing, procurement, competitive bidding and environmental issues
Includes references to market practice and particular industry sectors where relevant