Steinberg | Understanding and Negotiating EPC Contracts, Volume 1 | Buch |

Steinberg Understanding and Negotiating EPC Contracts, Volume 1

The Project Sponsor's Perspective

Neuauflage 2016, 244 Seiten, Gebunden, Format (B × H): 255 mm x 182 mm, Gewicht: 588 g
ISBN: 978-1-4724-1106-8
Verlag: Taylor & Francis Ltd

Steinberg Understanding and Negotiating EPC Contracts, Volume 1

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.


Weitere Infos & Material


Chapter One A Historical Perspective

Chapter Two Choosing a Development

Chapter Three The EPC Contractor’s Approach

Chapter Four Beginning the Evaluation Process

Chapter Five Full Scale Development

Chapter Six Philosophy of the EPC Contract

Chapter Seven Subcontractors

Chapter Eight Site or Route Survey

Chapter Nine The Work

Chapter Ten The Sponsor’s Obligations Under the EPC Contract

Chapter Eleven Monitoring the Progress of the Work

Chapter Twelve Unforeseen Circumstances, Adjustments and Change Orders

Chapter Thirteen The EPC Contractor’s Failure to Perform

Chapter Fourteen The Owner’s Failure to Discharge Its Responsibilities

Chapter Fifteen Unexpected Market Conditions

Chapter Sixteen Testing and Completion of the Work

Chapter Seventeen Liquidated Damages for Delay and Impaired Performance

Chapter Eighteen The EPC Contractor’s Warranties of the Work

Chapter Nineteen Security for the EPC Contractor’s Performance

Chapter Twenty Limitations on Overall Liability and Contract Expiration

Chapter Twenty One Payment for the Work

Chapter Twenty Two Title and Other Legal Matters

Chapter Twenty Three Indemnification and Insurance

Chapter Twenty Four Dispute Resolution and Governing Law

Chapter Twenty Five Interested Third Parties


Steinberg, Howard M.
Howard M. Steinberg is of counsel and a retired partner in the law firm Shearman & Sterling LLP and has more than 25 years of legal experience in the infrastructure sector in more than 100 countries. He is named a leading lawyer in project finance by Chambers & Partners and IFLR 1000. He represents sponsors, offtakers, miners, suppliers, engineering firms, consultants, financial advisors, contractors, operators, underwriters, lenders, export credit agencies and multi-lateral institutions in the development, acquisition, restructuring and privatization of projects around the world. He holds bachelor’s and business degrees from Columbia University and a law degree from New York University.

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