EPCIC Contract Management in Offshore and Marine

Course Information

  • the date

07/04/2025

  • Duration

5 days

  • The city

Kuala Lumpur

  • Cost
  • Type

in-house

Course details

EPCIC (Engineering, Procurement, Construction, Installation & Commissioning) Contract is the most commonly used form of construction contract. In particular for complex projects, the preferred contract module that is used is EPCIC. Mastering the ins and outs of EPCIC contracts will prove to be an essential tool in driving effective contracting strategies to minimize delays, cost overruns and liability issues.

This EPCIC Contracts Management in Offshore & Marine training course for both Offshore and Marine is specifically designed to address the key issues as it relates to all the parties and stakeholders who are involved in the execution of the contract. and as to the best means available to allocate and manage their risk and liabilities.

Under an EPCIC model, the main contractor carries the risks for the project, they must, at the same time minimize these risks through effective contracting strategies.

في نهاية دورة إدارة عقود EPCIC في الخارج والبحرية، سيتمكن المشاركون من:

فهم البيئة العالمية والمحلية والمالية الحالية لعقود EPCIC وتقييم المخاطر التشغيلية والتجارية والقانونية والمالية في عقود EPCIC
فحص وتحليل الفرق بين عقود EPCIC وEPCM وتقدير المبادئ القانونية الأساسية
تقدير العنصر الأساسي لمراحل العقد المختلفة من ما قبل وما بعد العطاء إلى الانتهاء وتسليم المشروع
معالجة القضايا الرئيسية التي تواجهها دورة حياة المشروع وكيفية معالجتها من خلال البنود التعاقدية القابلة للتنفيذ
تجنب أخطاء صياغة الشروط التعاقدية الغامضة

دورة تدريبية في إدارة العقود في البحار والمحيطات من EPCIC مناسبة لمجموعة واسعة من المهنيين ولكنها ستفيد بشكل كبير محترفي العقود ومديري المشاريع العاملين في مشاريع بحرية وبرية معقدة في البناء والهندسة البحرية وأحواض بناء السفن، سواء على مستوى المبتدئين أو المتوسطين، وأيضًا:

محترفو العقود التجارية
محترفو العمليات التجارية
مهندسو العقود
محترفو سلسلة التوريد في مجال المشتريات
مدير المخاطر / محترفو مخاطر العقود

Course outline

EPCIC Overview, Legal Framework & Contract Structure and Risk Allocation

  • EPCIC, EPC. EPCM Contract Structure and Strategy

  • EPCIC, EPC. EPCM Contract Structure and Strategy

  • Contractor’s single point of responsibility and its effects on parties

  • Fixed Price Lump Sum Contracts

  • Split contract structures to minimize tax and legal exposure

  • EPCIC used in Shipbuilding Contracts for “Floaters” and floating platforms

  • Collaborative contract strategies to avoid the “blame game

Tender Process Leading to an EPCIC Contract

  • Legal, Technical and Commercial Pre-qualification of tenderers

  • Best practices in tender evaluations and selection of tenderer

  • Important of scope of work and specifications and terms and conditions

  • Exceptions – what to accept and what to deny

  • Finalising tender negotiations & Award

  • LOI and LOA essential terms and legal effects

  • Exercise on the selection process and main elements to ensure a successful tender exercise

Negotiating Essential Contractual Terms of EPCIC Contracts

  • Identifying Critical Issues in the Project Life-cycle

  • Managing Cost Impact Clauses like Delay, Price Fluctuations

  • Indemnities and Other Liabilities, MAC Clauses, HSE

  • Changes in Law and Regulations in Host Country & Stabilization Clauses

  • Political Risk Insurance

  • Force Majeure & Termination for Cause and without Cause

Essential Aspects of Risk Management Strategies

  • Design, Technology & Process Risk

  • Procurement & Specification risk

  • Variations and Cost Impact

  • Payment and Multi- currency Contracts

  • Delay, Liquidated Damages and Extensions of Time (EOT)

  • Completion and Testing & Effects of Acceptance

  • Using Contractual Clauses to Manage Liabilities and Risks

Contract Completion – Critical Issues

  • Acceptance of Punch List of Defects - What is the effect?

  • Passing of Tile and Risk - Safety & Insurance

  • Warranties and Guarantees

  • Passing of Intellectual Property Rights

  • Defects - Exculpatory Clauses

  • Dealing with Disputes – Considering the Different Options

  • Discussion on Issues Participants have Faced and How It was Handled

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