Understanding and negotiating turnkey and EPC contracts
This work is a practical commentary on the FIDIC standard turnkey contract widely used in the international construction industry. It provides clause-by-clause analysis of the contract, accompanied by practical guidance on its application in specific projects.
925 pages
9780421674103, 0421674105
222895300
Types of contract. Turnkey and EPC contracts. The FIDIC Designbuild, Turnkey and EPC contracts. The contract. The employer. The employer's administration. The contractor. Design. Staff and labour. Plant, materials, and workmanship. Commencement, delays and suspension. Tests on completion. Employer's taking-over. Defects liability. Tests after completion. Variations and adjustments. Contract price and payment. Termination by employer. Suspension and termination by contractor. Risk and responsibility. Insurance. Force majeure. Claims, disputes and arbitration. Negotiation of the Orange Book. Appendices.
Previous edition: 1997