EPC Contracts and Project Management

Ensuring bankability and maximising return on your power EPC contract

  • Conduct strategic analysis as a precursor to understanding strategic sourcing & its impact on supplier selection
  • Understand EPC and other project specific contracts to identify assignable causes for the successes and failures of EPC contracts
  • Effectively plan & prepare for a tender call or RFPs to form of Cross Functional
  • Sourcing Teams and define the Scope of Work (SOW)
  • Review Performance Measures to understand the process for score carding and develop the basis for establishing the KPI
  • Gain insights into contract clauses, reason behind them and their impact to draft key element of the contract

EPC contracts are growing in popularity due to an infrastructure drive within the African power sector. These multi-faceted and complex contracts are the ideal platform to ensure projects are managed and completed in a timeous fashion, with maximum stakeholder satisfaction. However, there are a growing number of risks that threaten the successful completion of the EPC project. We will guide you step by step through practical models and practices to ensure you can confidently navigate these legal entities and mitigate these risks effectively.

Join our comprehensive EPC course for perspectives from project owner to project manager, gain insights into reducing risks to the entire supply chain, master cross border contract and projects management and ensure compliance within the dictating regulatory frameworks. Position yourself to identify and quantify opportunities for EPCs in the African power sector with this powerful 2-day training.

This programme will be relevant to a wide range of participants working for organisations involved in the power sector including:

  • General Managers
  • Project managers, Project engineers
  • Purchasing, sourcing and supply management professionals
  • Sales contracting professionals
  • Contract lawyers and attorneys
  • Contra ct management professionals
  • End-users who impact, or are impacted by, the contracting process
  • Finance professionals involved in contracting
  • Operational managers
  • Commercial relationship managers

DAY 1

STRATEGIC ANALYSIS AS A PRECURSOR FOR CONTRACTS

  • Understanding strategic sourcing & its impact on supplier selection
  • Pre-qualification of suppliers (Approved Supplier List)
  • Market Intelligence: performing SWOT of potential vendors
  • Importance Internal Alignment in Projects

EPC CONTRACTS EXPLAINED

  • EPC and other project specific contracts
  • Memorandums of Understanding
  • Master Services Agreement
  • Differences between EPC/EPCM/EPCICM
  • FEED
  • Advantages & disadvantages of EPC contracts (Break out session)
  • Assignable causes for the successes and failures of EPC contracts
  • FIDIC Contracts

SECURING COMMITMENT & TEAMWORK FOR CONTRACTS

  • Need for a Terms of Reference
  • Stakeholder alignment
  • Effective Teamwork
  • Value for Money explained
  • Key points in evaluation criteria
  • A typical Evaluation criteria matrix
  • Lessons learned from court cases & experience

HOW TO EFFECTIVELY PLAN & PREPARE FOR A TENDER CALL OR RFPS

  • Terms of Reference (TOR): need and format explained
  • Formation of Cross Functional Sourcing Team (CFST): why is this essential;
  • SOW
  • Essential elements of SOW explained
  • Construct a SOW (exercise)
  • Rules during the RFP process

Interactive session: Participants will create an evaluation criteria checklist and run through

different scenarios to identify strengths and weaknesses.

PERFORMANCE MEASURES

  • Understand the process for score carding
  • Understand the basis for establishing a the KPI
  • A practical exercise

DAY 2

HOW TO CONSTRUCT A COMPREHENSIVE RFP/TENDER PACKAGE

  • Understand when you need a RFI, RFQ, RFP, or a tender and their differences
  • 3 critical elements to follow in a RFP
  • Understand the key points for a RFP document
  • Understand the 2 stage process for complex agreements
  • Terms to ensure avoidance of claims
  • Creating a RFx & Bid Package for an EPC contract (TOC)

DRAFTING KEY ELEMENTS OF A CONTRACT

  • Understand the key elements of a EPC contract
  • Review of Clauses, reason behind it and its impact
  • Case study
  • Prepare a TOC for an EPC Contract

EFFECTIVELY ADDRESS RISK THROUGH CONTRACT TERMS

  • Understanding risk & its impact
  • How to identify risks
  • How to allocate risk through contract terms
  • How to secure against risks
  • Risk assessment & reporting
Course Categories

Topics Covered: 

Complex Negotiations

Delivered by

Larry Khuvutlu completed his BSc in Electrical Engineering at the University of Cape Town in 2000

Dates & Locations



This course is only available as a custom course tailored for your business, contact us to discuss your requirements.

Testimonials for our Courses

"The experience was a good one, the trainer was very articulate"