EPC or Engineering, Procurement and Construction contracts are a common form of arrangement in Oil & Gas projects. Also known as “Turnkey” contracts because of the fact that the client has little to do apart from “turning the key” at the end of commissioning they are also known by other acronyms such as EPCC (Engineering, Procurement, Construction, Commissioning); LSTK (Lump sum Turnkey); EPIC (Engineering, Procurement, Installation and Commissioning) in different parts of the world but they are all variations of a common base which is covered by the FIDIC Silver Book.

This course will look at the Silver Book from the perspective of client Organisations and Contractors so that delegates will be able to appreciate both sides of the arrangement leading to a satisfactory outcome for all concerned. The course focus is essentially practical in nature based on the extensive experience of the trainer and utilising the delegates’ own experience and knowledge. 

The Course is designed for experienced Project and Procurement Managers from client organisations and contractors to enhance their own experience in this field.

It will also be of benefit to less experienced junior managers who wish to enhance their knowledge in this area as a means of career progression. 

The three course objectives are to:

• Enable the use of the EPC form of contract in the correct situation.
• Understand the benefits and risks in this form of contract
• Learn how to pro-actively manage an EPC contract from Client and Contractor viewpoint.

By the end of this course you will:

• Know what an EPC contract is and where it is best used.
• Have a detailed understanding of the FIDIC Silver Book
• Learn how to pro-actively manage an EPC contract
• Manage Risk Allocation on the Project.
• Learn the benefits and dangers of drafting bespoke clauses

Key topics explored include:

Professional Award

• Module 1 – An understanding of EPC contracts
• Module 2 – Introduction to the FIDIC Silver Book 
• Module 3 – Managing a contract under the Silver Book
• Module 4 – Procurement and Risk

 Professional Certificate

• Module 5 – Drafting special clauses

 Professional Advanced Certificate

• Module 6 – a Risk Strategy

We strongly recommend that in preparation for this course, participants take the time to complete the pre-course work; both so that they reap the fullest rewards and benefits of the courses, and so that it can be tailored and personalised where possible to their individual requirements.

• Think about what your learning priorities and objectives are
• Think about a possible leadership topic, issue, challenge or objective you have a special interest in for discussion in coaching, supervision / tutorials
• Think about what real-world organisational strategic, transformational and resilience objectives you have
• Think about what real-world organisational and business disruption, issues and challenges you face
• Think about how you can use the current climate as a catalyst for change.

The investment fee encompasses:

• Face to face contact learning via webinar, online and collaborative technology
• A minimum number of whole class contact hours per days / week / month – subject to programme and course duration selected
• Micro group sessions – depending upon participant numbers and webinar / programme / course duration
• Individual / pair / micro group supervisions / coaching / personal and operational consulting and action planning – depending upon participant numbers and webinar / programme / course duration
• Core course materials – send by email and online
• Supplementary materials – send by email and online
• Complimentary materials – materials – send by email and online
• Access to documents and resources library for the webinar / programme / course duration
• Certificate