Share on LinkedInShare on LinkedIn

ARTICLE · 12 NOVEMBER 2024

Essential Clauses In EPC Contracts For Energy Projects

Given the nature of these risks, it is incredibly important to get the contract-drafting right.

United KingdomGovernment, Public Sector

Characteristics of Energy Projects:

  • Large in scale;
  • Technically complex;
  • High value;
  • High risk;
  • Have an environmental impact and therefore must comply with regulations;
  • Long in duration;
  • Require ongoing performance guarantees.

Given the nature of these risks, it is incredibly important to get the contract-drafting right.

Risk Allocation within the Project:

Risk Type: Party Responsible:
The Scope of Works · The project Scope defines the risks, which are usually dealt with within the definition of the 'Works';

· The Contractor generally takes on the risks of the Scope;

· However, if there is a change in Scope, this risk generally passes back to the Employer.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from