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Anatomy of EPC Contracts

Be prepared for the challenges you will face in your EPC projects.

Engineering, procurement and construction projects are complex. In today's climate it is almost inevitable that at some point during your construction project there will be challenges which ultimately can result in one or more parties suffering significant financial losses. This course is intended to provide oversight in some of those challenges when preparing the EPC contract and to highlight areas and challenges that the parties should have foresight. We will analyze the various phases of work leading up to the EPC Contract then highlight specific clauses in the contract that are designed to help the parties to the contract manage challenges. We will also discuss some risk management tools that allow the parties to the contract manage anticipated change.

Runtime: 89 minutes
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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

How Did We Get Here?

  • Phases of Work Leading to the EPC Contract
  • PDP/FEED/EPC

The EPC Contract

  • LSTK/Reimbursable/ Hybrid
  • Contract Clauses
  • Contractor Perspective
  • Owner Perspective

Post Contract Execution Risk Management

  • Change Management
  • The Team
  • Periodic Audits
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More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on March 8, 2017.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • GA CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MO CLE 1.8
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Michael Cortez

Michael Cortez

Andrews Myers, P.C.

  • Shareholder with Andrews Myers, P.C.
  • Practice is focused on construction related transactions, including large complex energy procurement and construction projects, design and construction contracts, project risk management and lien and bond claims. He has represented owners, developers, architects, contractors, and EPC’s on a wide variety of construction projects
  • Frequent speaker and has written numerous publications
  • J.D. degree, Southern Methodist University Dedman School of Law; B.B.A. degree, Texas A&M University
  • Can be contacted at 713-850-8626 or [email protected]
Bart Turner

Bart Turner

K&L Gates

Mr. Turner’s practice is concentrated in the areas of engineering and construction law, commercial law and international law. Mr. Turner has extensive experience negotiating and drafting complex engineering, procurement and construction contracts. He has worked on some of the largest gas processing projects in the world, including LNG and GTL projects, as well as refining, power and industrial projects in various locations, including Indonesia, Australia, Africa, Middle East and Europe, with many of these projects having a total constructed value in excess of several billions of dollars. He has significant experience representing clients in developing contracting strategy, risk mitigation and navigating through complex construction contracts under multiple project delivery systems, including complex lump-sum turnkey and hybrid structures. He has supported his client’s legal and procurement functions in the development of project purchase orders, forming joint ventures, limited liability companies, teaming arrangements and strategic alliances. He has provided counsel on project related claims and change order disputes, with many of them in excess of multimillions of dollars.

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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 397053
Published 2017
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