In Understanding and Negotiating EPC Contracts Volume 1 Howard M. Steinberg presents a practical and comprehensive guide to understanding virtually every aspect of engineering procurement and construction (EPC) contracts for infrastructure projects. The 25 chapters in Volume 1 are supplemented with real-life examples and court decisions and offer tactical advice for anyone who must negotiate or understand EPC contracts in connection with the implementation financing or operation of infrastructure projects. Emphasizing current market practices and strategic options for risk sharing the book contains a narrative explanation of the underpinning of all of the issues involved in EPC contracting. Exhaustive in scope it clarifies the fundamental commercial principles and pitfalls of turnkey contracting for all types of capital investments ranging from electrical and thermal power generation (including combined heat and power nuclear wind solar natural gas and coal) to refining to chemical processing to LNG liquefaction and re-gasification to high speed rail bridging tunneling and road building. Providing clear and thorough analyses of the issues and challenges this volume will be of great value to all those involved in complex construction projects. |Understanding and Negotiating EPC Contracts Volume 1 The Project Sponsor's Perspective
