This CLE webinar and interactive Q&A provided a comprehensive overview of the contract structures used in construction for energy projects, including traditional engineering, procurement, and construction (EPC) and engineering, procurement, and construction management (EPCM) agreements. The panel discussed key contractual provisions unique to energy projects that must be considered during the negotiation and drafting of project agreements to ensure owner and contractor protections, properly allocate risks throughout project construction, and avoid and mitigate claims.
The panel reviewed these and other important considerations:
- What are the advantages and disadvantages of utilizing EPC vs. EPCM contracts for energy projects?
- What risks are assumed by owners under each? By contractors?
- What types of hybrid agreements may be beneficial for energy projects?
- What are key contractual provisions unique to energy projects?
If you have any questions regarding this webinar, please contact Judah Lifschitz, Power & Energy Construction Practice Area co-chair, at jlifschitz@barclaydamon.com, or Laura Fraher, Power & Energy Construction Practice Area co-chair, at lfraher@barclaydamon.com.