EPC/Turnkey Contract. REGISTER NOW http://fidicepcturnkeyprojects or call (Globe) (Sun). FIDIC – Conditions of Contract for EPC-Turnkey NY 01/03/09 PM. GENERAL CONDITIONS. GUIDANCE. FIDIC EPC/Turnkey Contract, understanding and its implementation in power plant projects in Indonesia. Dr. Sarwono Hardjomuljadi [email protected] id.
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The guidance hereafter is intended to assist writers of the Particular Conditions by giving options for various sub-clauses where appropriate. As far as possible, example wording is included, in italics.
EPC/Turnkey Contract 1st Ed (1999 Silver Book)
In order to clarify the sequence of Contract activities, reference may be made to the charts on the next two pages and to the Sub-Clauses listed below some Sub-Clause numbers are also stated in the charts. The Employer’s representative, if there is one, is not required to act impartially.
During recent years it has been noticed that much of the construction market requires a form of contract where certainty of final price, and often of completion date, are of extreme importance. This publication concludes with example forms for the Letter of Tender, the Contract Agreement, and alternatives for the Dispute Fidiv Agreement.
Clauses 1 to It should therefore be noted that some of the provisions contained in the General Conditions may not be appropriate for an apparently-typical contract. FIDIC wishes to record its appreciation of the time and effort devoted by all the above. Acknowledgement of all reviewers above does not mean tidic such persons or organisations approve the wording of all clauses.
For such projects it is necessary for the Contractor to assume responsibility for a wider range of risks than under the traditional Red and Yellow Books. Among other things, such form may need to be adapted to take account of the special, if not unique, characteristics of each project, as well as the requirements of lenders and others providing financing. Watermarked Compilation of all Collections English electronic version. Before incorporating any example wording, it must be checked to ensure that it is wholly suitable for the particular circumstances; if not, it must be amended.
Drafters of contract documents are reminded that the General Conditions of all FIDIC contracts are protected by copyright and trademark and may not be changed without specific written consent, usually in the form of a licence to amend, from FIDIC.
Various drafts were reviewed by the following persons or organisations: Where example wording is amended, and in all cases where other amendments or additions are made, care must be taken to ensure that no ambiguity is created, either with the General Conditions or between the clauses in the Particular Conditions.
FIDIC very much appreciates the time and effort devoted by all the above persons.
This type of contract is usually negotiated between the parties. These should be included in Part B — Special Provisions. Therefore the tendering procedure has to permit discussions between the Tenderer and the Employer ec technical matters and commercial conditions. Group Extras More information Product code:.
Guidance for the Preparation of Conditions Particular Application. The charts are illustrative, however, and must not be taken into consideration in the interpretation of the Conditions of Contract.
Watermarked Compilation of all Collections English electronic version. In some cases, however, only an aide-memoire is given. Initial Update Task Dpc Consequently, the Employer should only exercise limited control over and should in general not interfere with the Contractor’s work. Notes on the Preparation of Tender Documents Under the usual arrangements turnkwy this type of contract, the Contractor carries out the Engineering, Procurement and Construction, and provides a fully-equipped facility, ready for operation at the “turn of the key”.
EPC/Turnkey Contract 2nd Ed ( Silver Book) | International Federation of Consulting Engineers
He shall also carry out any necessary design and detailing of the specific equipment and plant he is offering, allowing him to offer solutions best suited to his equipment and experience. Modifications to the Conditions may be required in some legal jurisdictions, particularly if they are to be used on domestic contracts. General Conditions; Guidance for the Preparation turnoey particular conditions and Annexes: The Employer must also realize that asking serious contractors to price such risks will increase the fodic cost and result in some projects not being commercially viable.
In the case of BOT Build – Operate – Transfer projects, which are normally negotiated as a package, the allocation of risk provided for in the turnkey construction Contract negotiated initially between the Sponsors and the EPC Contractor may need to be adjusted in order to take into account the final allocation of all risks between the various contracts forming the BOT package. Among such projects can be found many projects financed by private funds, where the lenders require greater certainty about a project’s costs to the Employer than is allowed for under the allocation of risks provided for by FIDIC’s traditional forms of contracts.