Domain Specific Job Skills
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FID304-1
1 Week Training Program
Understanding FIDIC Standard Contracts for Turnkey, EPC, Design and Build Projects (The Silver Book)
Building Skills & Competencies in
Understanding the Risks & Mitigation Options
Understanding Enforceability, Desired Performance, Effective Risk Transfer through included Particular Conditions
- Understanding Standard Contract Conditions
- Project Specific Contract Conditions Drafting that is Effective
- Contract Administration & Dispute Resolution that Avoids Harming Project Objectives
- Protecting your Organization through Documenting Project Events & Problems
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What is Covered in this Program
This program covers the FIDIC Silver Book for Standard EPC Turnkey Contracts Understanding, Analysis, Risks, Contract Administration, and Disputes Resolution.
This program will discuss how the standard contract clauses can be modified or supplemented to add Project Specific Requirements.
This program will discuss Key Aspects and Administration of the Bidding on Turnkey Projects.
This program will focus on FIDIC Standard Turnkey EPC D-N-B Contracts and will bring Benchmarking Info from other STandard Contracts.
This program will understand in detail the Key Contract Condition and Clauses.
Program will also discuss
(1) Among Contractor, Owner, Consultant, Who is responsible for What;
(2) A Clause by Clause Understanding of the Range of Possible Contractual Situations that can arise;
(3) The Actions required to be Taken to Minimize Delay and your Contractual Liability.
(4) Recommended Contract Administration Procedures;
(5) Possible Disputes & Claims;
(6) The Site Records & other Documentation to be Generated, including that for resolving usual disputes;
(7) Situations under which you should consult your Legal Advisers;
(8) Effectively Perform Clause Specific Contract Administration Responsibilities;
(9) Benchmark your Contracts with Good & Best International Practices to identify the details you can draft and changes in risk allocation you can consider.
This program covers the FIDIC Silver Book for Standard EPC Turnkey Contracts Understanding, Analysis, Risks, Contract Administration, and Disputes Resolution.
This program will discuss how the standard contract clauses can be modified or supplemented to add Project Specific Requirements.
This program will discuss Key Aspects and Administration of the Bidding on Turnkey Projects.
This program will focus on FIDIC Standard Turnkey EPC D-N-B Contracts and will bring Benchmarking Info from other STandard Contracts.
This program will understand in detail the Key Contract Condition and Clauses.
Program will also discuss
(1) Among Contractor, Owner, Consultant, Who is responsible for What;
(2) A Clause by Clause Understanding of the Range of Possible Contractual Situations that can arise;
(3) The Actions required to be Taken to Minimize Delay and your Contractual Liability.
(4) Recommended Contract Administration Procedures;
(5) Possible Disputes & Claims;
(6) The Site Records & other Documentation to be Generated, including that for resolving usual disputes;
(7) Situations under which you should consult your Legal Advisers;
(8) Effectively Perform Clause Specific Contract Administration Responsibilities;
(9) Benchmark your Contracts with Good & Best International Practices to identify the details you can draft and changes in risk allocation you can consider.
Who Should Attend
This program is intended for Turnkey EPC D-N-B Project Contracts Professionals, Project Legal Staff, Project Site Staff, Quantity Surveyors, Project Managers, Consultants, Project Coordinators.
Turnkey EPC Design & Build Contract Drafting and Contract Administration Participants will gain valuable Benchmarking and Analysis Competencies by attending this program even if they DO NOT use The Silver Book FIDIC Turnkey EPC Design & Build Project Contracts.
This program is intended for Turnkey EPC D-N-B Project Contracts Professionals, Project Legal Staff, Project Site Staff, Quantity Surveyors, Project Managers, Consultants, Project Coordinators.
Turnkey EPC Design & Build Contract Drafting and Contract Administration Participants will gain valuable Benchmarking and Analysis Competencies by attending this program even if they DO NOT use The Silver Book FIDIC Turnkey EPC Design & Build Project Contracts.
Program Content & Modules
Understanding FIDIC Standard Contracts for Turnkey, EPC, Design and Build Projects
Understanding the FIDIC Silver Book for Standard EPC Turnkey Contracts
(1) Specify requirements Mostly in Performance Terms;
(2) Make Technical Expertise on Contractor
(3) Contractor has better Expertise and Opportunity to Optimize Design and Value Engineer the Project
(4) No Owner Strategic Plan to Master the Project Design Technologies
(5) Owner is not interested in Closely Monitoring Contractors Design and Other Activities. Except for purposes of Standardization, Preferences for Specific Vendors,
(c) Preference for Certain Technologies;
(d) Preferences for Local Component or In-country value.Components of the Contracts
(a) Project Specifics
(b) Special Conditions
(c) Implement Owner's contracting preferences.Payment Methodology to the Contractors.
Bidding Processes on Turnkey Projects
(1) Understand and verify Owner's requirements
(2) Sufficient design calculations to meet performance requirements
(3) Identify the risks and estimate risk related contingencies
(4) Supporting bids from key sub-contractors
(5) Compiling the bid
(6) Underground surveys
(7) Owner supervision and review of the Design and Construction Drawings.Standard Contract Conditions
(1) Key Definitions and Terms
(2) Contract Documents Priority
(3) Employer's Use of Contractor's Documents, Contractor's Use of Employer's Documents, Confidentiality
(4) Compliance with Laws, Joint and Several Liability, Limitation of Liability.
(5) Contract Termination.
(6) Responsibilities of the Employer and for his Provided Data & Materials.
(7) Employers Involvement
(8) The Contractors Responsibilities
(9) Contractor’s Design Responsibilities
(a) Design Obligations
(b) Contractor's Documents,
(c) Contractor's Undertaking,
(d) Technical Standards and Regulations,
(e) Training,
(f) As-Built Records,
(g) Operation and Maintenance Manuals,
(h) Design Error
(10) Contractors Manpower and Conduct.
(11) Contractor’s Plant, Materials and Workmanship Related Matters.
(12) Commencement of Work, Programs, Delays, Extension of Time, Delay Damages, and Suspension of Works.
(13) Tests on Completion of Works and Defects Identified.
(14) Taking Over by Employer.
(16) Defects after Taking Over
(17) Variations and Price Adjustments
(a) Value Engineering,
(b) Variation Procedure,
(c) Provisional Sums,
(d) Daywork,
(e) Adjustments for Changes in Laws,
(f) Adjustments for Changes in Cost.
(18) Contract Price and Payment Matters
(a) Advance Payment,
(b) Application for Interim Payment,
(c) Schedule of Payments,
(d) Plant and Materials intended for the Works,
(e) Interim Payments,
(f) Method of Payment,
(g) Delayed Payment,
(h) Release of Retention Money,
(i) Statement at Completion,
(j) Final Statement,
(k) Discharge,
(l) Final Payment,
(m) Cessation of Employer's Liability,
(n) Currencies of Payment .
(19) Termination by Employer and Processes to follow.
(20) Contractor’s Suspension of Works or Termination of Contract Processes.
(21) Responsibilities for Care of Works
(22) Cross Indemnities and Shared Indemnities.
(22) Exceptional Events Notification and handling.
(23) Insurance Obligations on the Parties.
(24) Employer and Contractor Claim Processes.
(24) Dispute Settlement Process through DAAB and other Remedies.
(25) Arbitration.
(26) Dispute Avoidance Processes.Other Topics:
(1) Among Contractor, Owner, Consultant, Who is responsible for What;
(2) A Clause by Clause Understanding of the Range of Possible Contractual Situations that can arise;
(3) The Actions required to be Taken to Minimize Delay and your Contractual Liability.
(4) Recommended Contract Administration Procedures;
(5) Possible Disputes & Claims;
(6) The Site Records & other Documentation to be Generated, including that for resolving usual disputes;
(7) Situations under which you should consult your Legal Advisers;
(8) Effectively Perform Clause Specific Contract Administration Responsibilities;
(9) Benchmark your Contracts with Good & Best International Practices to identify the details you can draft and changes in risk allocation you can consider.Program Recommendations
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