THE POWER INTERVIEW: NEGOTIATING THE DETAILS OF POWER PROJECT CONTRACTS
https://s.yimg.com/ny/api/res/1.2/VSuRMD9pccAEpwLSxaEvhw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04NDI-/https://media.zenfs.com/en/power_magazine_984/b8c80ceb796fad2ba5a81826186b4b65
✍️ Negotiating contracts is crucial for electric utilities, requiring preparation, communication, and clarity to mitigate risk and minimize disputes.
👉 EPC and EPCM contract models for large power projects 👉 Importance of clarity and specificity of language in contract negotiation 👉 Factors to consider when negotiating contracts: schedule, liability, and dispute resolution 👉 Warranty provisions, indemnification, and dispute resolution as key contractual terms 👉 Importance of negotiating realistic schedules and meaningful penalties for delays
-- #LauraFraher #DarrellProctor #energy
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