Understanding and Negotiating EPC Contracts, Volume 1

Understanding and Negotiating EPC Contracts, Volume 1
  • Author : Howard M. Steinberg
  • Publisher : Routledge
  • Pages : 244
  • Relase : 2016-10-14
  • ISBN : 9781317005223

Understanding and Negotiating EPC Contracts, Volume 1 Book Review:

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.

Understanding and Negotiating EPC Contracts, Volume 2

Understanding and Negotiating EPC Contracts, Volume 2
  • Author : Howard M. Steinberg
  • Publisher : Routledge
  • Pages : 358
  • Relase : 2016-10-14
  • ISBN : 9781317005193

Understanding and Negotiating EPC Contracts, Volume 2 Book Review:

Any project which involves an EPC contract is also likely to involve a number of other complicated contracts. The challenge of the parties to an EPC contract is not to try to eliminate risk but rather put into place a narrative structure that enables the parties to predict the contractual result that would obtain if a risk materializes. If the EPC contract does not allow the parties to determine the consequences of an unanticipated situation, they will have to look to an expert, mediator, tribunal, or court to impart guidance or pass judgment. The sample forms of contract contained in Volume 2 of Understanding and Negotiating EPC Contracts are intended to serve as a guide to demonstrate how risks and responsibilities can be allocated among project sponsors, EPC contractors and the various other parties that may be involved in a project. Collectively the sample forms in this volume offer an extraordinary resource that provides the benefit of lessons learned and priceless insight into any project being undertaken which can help assure the resilience of any EPC project.

Understanding and Negotiating Turnkey and EPC Contracts

Understanding and Negotiating Turnkey and EPC Contracts
  • Author : Joseph A. Huse
  • Publisher : Sweet & Maxwell
  • Pages : 973
  • Relase : 2002
  • ISBN : 0421674105

Understanding and Negotiating Turnkey and EPC Contracts Book Review:

This work aims to keep criminal lawyers up to date with the latest cases and legislation, and includes longer articles analyzing current trends and important changes in the law. Drawing all aspects of the law together in one regular publication, it allows quick and easy reference

Understanding and Negotiating EPC Contracts

Understanding and Negotiating EPC Contracts
  • Author : Howard M. Steinberg
  • Publisher : Gower Publishing Company
  • Pages : 400
  • Relase : 2016-09-07
  • ISBN : 147242378X

Understanding and Negotiating EPC Contracts Book Review:

Any project which involves an EPC contract is also likely to involve a number of other complicated contracts. The challenge of the parties to an EPC contract is not to try to eliminate risk but rather put into place a narrative structure that enables the parties to predict the contractual result that would obtain if a risk materializes. If the EPC contract does not allow the parties to determine the consequences of an unanticipated situation, they will have to look to an expert, mediator, tribunal, or court to impart guidance or pass judgment. The sample forms of contract contained in Volume 2 of Understanding and Negotiating EPC Contractsare intended to serve as a guide to demonstrate how risks and responsibilities can be allocated among project sponsors, EPC contractors and the various other parties that may be involved in a project. Collectively the sample forms in this volume offer an extraordinary resource that provides the benefit of lessons learned and priceless insight into any project being undertaken which can help assure the resilience of any EPC project.

Law Books Published

Law Books Published
  • Author : Anonim
  • Publisher :
  • Pages :
  • Relase : 2002
  • ISBN : IND:30000092436314

Law Books Published Book Review:

International Construction Contract Law

International Construction Contract Law
  • Author : Lukas Klee
  • Publisher : John Wiley & Sons
  • Pages : 584
  • Relase : 2015-01-07
  • ISBN : 9781118717905

International Construction Contract Law Book Review:

Project Management for Construction

Project Management for Construction
  • Author : Chris Hendrickson,Tung Au
  • Publisher : Chris Hendrickson
  • Pages : 537
  • Relase : 1989-01-01
  • ISBN : 9780137312665

Project Management for Construction Book Review:

Quantification of Delay and Disruption in Construction and Engineering Projects

Quantification of Delay and Disruption in Construction and Engineering Projects
  • Author : Robert Gemmell
  • Publisher :
  • Pages : 838
  • Relase : 2017
  • ISBN : 0455500223

Quantification of Delay and Disruption in Construction and Engineering Projects Book Review:

Delay and disruption often impacts entire projects and is prevalent throughout the entire construction and engineering industries - no project or construction professional is immune to the effects. This book is aimed at any construction professional anywhere in the world who is involved in preparing, assessing, managing and/or deciding issues concerning the assessment of additional time to complete the work, and also additional payment for delay and/or disruption to the progress of a construction or engineering project. Delay and disruption is endemic in the construction industry and leads to time and cost overruns. It is therefore essential that delays and/or disruptions are identified early so that corrective action can be taken. However, when delay and/or disruption actually occurs, the issue of quantifying the period of any delay, the effects of disruption, and the quantification of the resulting loss during, and especially at the end, of a project is complicated.

Principles of Project Finance

Principles of Project Finance
  • Author : E. R. Yescombe
  • Publisher : Academic Press
  • Pages : 560
  • Relase : 2013-11-13
  • ISBN : 9780124157552

Principles of Project Finance Book Review:

The Second Edition of this best-selling introduction for practitioners uses new material and updates to describe the changing environment for project finance. Integrating recent developments in credit markets with revised insights into making project finance deals, the second edition offers a balanced view of project financing by combining legal, contractual, scheduling, and other subjects. Its emphasis on concepts and techniques makes it critical for those who want to succeed in financing large projects. With extensive cross-references and a comprehensive glossary, the Second Edition presents anew a guide to the principles and practical issues that can commonly cause difficulties in commercial and financial negotiations. Provides a basic introduction to project finance and its relationship with other financing techniques Describes and explains: sources of project finance; typical commercial contracts (e.g., for construction of the project and sale of its product or services) and their effects on project-finance structures; project-finance risk assessment from the points of view of lenders, investors, and other project parties; how lenders and investors evaluate the risks and returns on a project; the rôle of the public sector in public-private partnerships and other privately-financed infrastructure projects; how all these issues are dealt with in the financing agreements

Performance-Based Contracts (PBC) for Improving Utilities Efficiency

Performance-Based Contracts (PBC) for Improving Utilities Efficiency
  • Author : Philippe Marin,Tom Williams,Jan Janssens,Philip Giantris,Didier Carron
  • Publisher : IWA Publishing
  • Pages : 200
  • Relase : 2018-02-15
  • ISBN : 9781780405957

Performance-Based Contracts (PBC) for Improving Utilities Efficiency Book Review:

Scientific and Technical Report No. 24 Performance-Based Contracts (PBC) for Improving Utilities Efficiency: Experiences and Perspectives is a compendium of articles written by members of the PBC taskforce. It focuses on new approaches without delegated management to private operator i.e. service contracts, consulting contracts, Alliance approach, public-public partnership. It also mentions new design and generation of more traditional PPPs, (MC, lease, concession), where a larger proportion of performance-based design is being applied. List of Contents: Performance Based Contracts – Setting the scene; PBC and Results Based Financing: the inverse approach; PBC and Energy Efficiency; Internal Performance Contracts: A Case of the National Water and Sewerage Corporation in Uganda; Performance-Based Service Contracts in Navi Mumbai; Financial Comparison of PBCs and Conventional Approach; Tegucigalpa PBC Case Study; Performance Based Contracts – Key Design Issues; NRW Reduction Optimization Framework; How to improve water services performance? Performance Based Contracts (PBC) and Regulatory issues; Peer-to-Peer Partnerships Operational for sustainable water services; Performance Based Contracts in Malawi: Teamwork Works; Performance based affermage contracts; Performance based Contracts, The Aroona Integrated Alliance Experience; Experience from Eastern Europe; NRW Performance Contract – Kingdom of Bahrain; The way forward and perspectives/trends

Construction Extension to the PMBOK® Guide

Construction Extension to the PMBOK® Guide
  • Author : Project Management Institute
  • Publisher : Project Management Institute
  • Pages : 215
  • Relase : 2016-09-01
  • ISBN : 9781628251746

Construction Extension to the PMBOK® Guide Book Review:

A Guide to the Project Management Body of Knowledge (PMBOK® Guide) provides generalized project management guidance applicable to most projects most of the time. In order to apply this generalized guidance to construction projects, the Project Management Institute has developed the Construction Extension to the PMBOK® Guide.This Construction Extension provides construction-specific guidance for the project management practitioner for each of the PMBOK® Guide Knowledge Areas, as well as guidance in these additional areas not found in the PMBOK® Guide:•All project resources, rather than just human resources•Project health, safety, security, and environmental management•Project financial management, in addition to cost•Management of claims in constructionThis edition of the Construction Extension also follows a new structure, discussing the principles in each of the Knowledge Areas rather than discussing the individual processes. This approach broadens the applicability of the Construction Extension by increasing the focus on the “what” and “why” of construction project management. This Construction Extension also includes discussion of emerging trends and developments in the construction industry that affect the application of project management to construction projects.

Resource Financed Infrastructure

Resource Financed Infrastructure
  • Author : Håvard Halland,John Beardsworth,Bryan Land,James Schmidt
  • Publisher : World Bank Publications
  • Pages : 113
  • Relase : 2014-06-18
  • ISBN : 9781464802393

Resource Financed Infrastructure Book Review:

In recent decades, resource-rich developing countries have been using their natural resources as collateral to access sources of finance for investment, countervailing the barriers they face when accessing conventional bank lending and capital markets. One of the financing models that have emerged as a result is the Resource Financed Infrastructure (RFI) model, a derivation of previous oil-backed lending models pioneered by several Western banks in Africa. Under a Resource Financed Infrastructure (RFI) arrangement, a loan for current infrastructure construction is securitized against the net present value of a future revenue stream from oil or mineral extraction. The model has been applied in several African countries, for a cumulative contract value of approximately $30 billion, according to publically available sources. This report, consisting of a study prepared by global project finance specialists Hunton & Williams LLP and comments from six internationally reputed economists and policy makers, provides an analytical discussion of resource-financed infrastructure (RFI) contracting from a project finance perspective. The report is meant as a forum for in-depth discussion and as a basis for further research into RFI’s role, risks, and potential, without any intention to present a World Bank–supported view on RFI contracting. It is motivated by the conviction that if countries are to continue to either seek RFI or receive unsolicited RFI proposals, there is an onus on public officials to discern bad deals from good, to judge unavoidable trade-offs, and to act accordingly. The report aims to provide a basis for developing insights on how RFI deals can be made subject to the same degree of public policy scrutiny as any other instrument through which a government of a low- or lower-middle-income country might seek to mobilize development finance.

Drafting International Contracts

Drafting International Contracts
  • Author : Marcel Fontaine,Filip de Ly
  • Publisher : BRILL
  • Pages : 676
  • Relase : 2015-03-31
  • ISBN : 9789047430230

Drafting International Contracts Book Review:

Drafting International Contracts is an essential resource for anyone working in international business. It features the latest trends, fostering an understanding of how international contracts are drafted in practice.

The Making of the Trips Agreement

The Making of the Trips Agreement
  • Author : Jayashree Watal,Antony Taubman
  • Publisher :
  • Pages : 480
  • Relase : 2015
  • ISBN : 9287042330

The Making of the Trips Agreement Book Review:

A comprehensive account of the establishment of the World Trade Organization, focusing on those who shaped its creation as well as those who have influenced its evolution. The book examines trade negotiations, the WTO's dispute settlement role, the presence of coalitions and groupings within the WTO, the process of joining the organization and many other topics, including what lies ahead for the organization.

Public Procurement of Energy Efficiency Services

Public Procurement of Energy Efficiency Services
  • Author : Jas Singh,Dilip R. Limaye,Brian Henderson,Xiaoyu Shi
  • Publisher : World Bank Publications
  • Pages : 256
  • Relase : 2009-12-17
  • ISBN : 0821381024

Public Procurement of Energy Efficiency Services Book Review:

The current universal concerns about global energy security, competitiveness, and environmental protection make energy efficiency more important than ever. However, realizing large-scale savings has proven a significant challenge due to many barriers. 'Public Procurement of Energy Efficiency Services' looks at a largely untapped energy efficiency market the public sector. While the efficiency potential in this sector is substantial, the implementation of energy savings programs has been complicated by a number of factors, such as insufficient incentives to lower energy costs, rigid budgeting and procurement procedures, and limited access to financing. The book looks at energy savings performance contracts (ESPCs) as a means of overcoming some of these barriers. Because public facilities can outsource the full project cycle to a commercial service provider, ESPCs can enable public agencies to solicit technical solutions, mobilize commercial financing, and assign performance risk to third parties, allowing the agency to pay from a project s actual energy savings. The recommendations in this book stem from case studies that identified approaches, models, and specific solutions to ESPC procurement, including budgeting, energy audits, and bid evaluation. Such an approach also offers enormous potential to bundle, finance, and implement energy efficiency projects on a larger scale in the public sector, which can yield further economies of scale. ESPCs can also serve as an attractive element for fiscal stimulus packages and efforts by governments to 'green' their infrastructure, which can create local jobs, reduce future operating costs, and mitigate their carbon footprint. Lower energy bills, in turn, help to create fiscal space in future years to meet other critical investment priorities. Bundled public sector energy efficiency projects can help stimulate local markets for energy efficiency goods and services and 'lead by example', demonstrating good practices and providing models to the private sector.

Introduction to Project Finance

Introduction to Project Finance
  • Author : Andrew Fight
  • Publisher : Elsevier
  • Pages : 208
  • Relase : 2005-08-26
  • ISBN : 9780080454689

Introduction to Project Finance Book Review:

The term "project finance" is now being used in almost every language in every part of the world. It is the solution to infrastructure, public and private venture capital needs. It has been successfully used in the past to raise trillions of dollars of capital and promises to continue to be one of the major financing techniques for capital projects in both developed and developing countries. Project Finance aims to provide: *Overview of project finance *Understanding of the key risks involved in project finance and techniques for mitigating risk *Techniques for effective evaluation of project finance from both a financial and credit perspective The author differentiates between recourse and non-recourse funding, tackles the issues of feasibility, identifies the parties normally involved with project finance plans, and details techniques for realistic cash flow preparation. *Inspired by basic entry level training courses that have been developed by major international banks worldwide *Will enable students, and those already in the finance profession, to gain an understanding of the basic information and principles of project finance *Includes questions with answers, study topics, practical 'real world' examples and an extensive bibliography

Boilerplate Clauses, International Commercial Contracts and the Applicable Law

Boilerplate Clauses, International Commercial Contracts and the Applicable Law
  • Author : Giuditta Cordero-Moss
  • Publisher : Cambridge University Press
  • Pages :
  • Relase : 2011-03-17
  • ISBN : 9781139500050

Boilerplate Clauses, International Commercial Contracts and the Applicable Law Book Review:

With the aim of creating an autonomous regime for the interpretation and application of the contract, boilerplate clauses are often inserted into international commercial contracts without negotiations or regard for their legal effects. The assumption that a sufficiently detailed and clear language will ensure that the legal effects of the contract will only be based on the contract, as opposed to the applicable law, was originally encouraged by English courts, and today most international contracts have these clauses, irrespective of the governing law. This collection of essays demonstrates that this assumption is not fully applicable under systems of civil law, because these systems are based on principles, such as good faith and loyalty, which contradict this approach.

Procurement of Works

Procurement of Works
  • Author : Anonim
  • Publisher : World Bank Publications
  • Pages : 76
  • Relase : 2000
  • ISBN : 0821347225

Procurement of Works Book Review:

These Standard Prequalification Documents serve as a guide for those wanting to prequalify to bid on large contracts for projects financed by the World Bank. Qualifying as a bidder is separate from the bid evaluation process. Before invitations to bid on large or especially complex works projects are issued, a process of prequalification is required to select competent bidders. This document helps bidders through the prequalification process. To simplify presentation by applicants for prequalification, standard forms have been prepared for the submission of relevant information. Guidance notes and examples are provided for the implementing agency making the evaluation. Annexes give information about prequalification that are likely to be of interest to potential bidders on World Bank projects. NOTE: This replaces Standard Prequalification Document: Procurement of Works (September 1999), Stock no. 14601 (ISBN 0-8213-4601-6).

Handbook of Plant Biotechnology, 2 Volume Set

Handbook of Plant Biotechnology, 2 Volume Set
  • Author : Paul Christou
  • Publisher :
  • Pages : 1420
  • Relase : 2004-04-23
  • ISBN : STANFORD:36105118027411

Handbook of Plant Biotechnology, 2 Volume Set Book Review:

This important reference is the first work on Plant Biotechnology. Written by an international team of experienced researchers and professionals from both academia and industry, it will bring together the principles and practice of contemporary plant biotechnology to include: * the techniques of plant genetic modification - applications of plant biotechnology, crop improvement in agriculture and a production system for pharmaceutical proteins * ethics and safety issues - public perception, public relations, scale-up and testing, and legislation within the business of plant biotechnology.

Interpreting Construction Contracts

Interpreting Construction Contracts
  • Author : H. Randolph Thomas,Ralph D. Ellis (Ph.D.)
  • Publisher : ASCE Press
  • Pages : 451
  • Relase : 2007
  • ISBN : 0784409218

Interpreting Construction Contracts Book Review:

Thomas and Ellis discuss the most troublesome contract clauses and present rules to construe them so as to avoid disputes that must be resolved in court.