Application of EPC Contracts in International Power Projects

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21110%2F15%3A00240142" target="_blank" >RIV/68407700:21110/15:00240142 - isvavai.cz</a>
Result on the web
<a href="http://www.sciencedirect.com/science/article/pii/S1877705815031628" target="_blank" >http://www.sciencedirect.com/science/article/pii/S1877705815031628</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.proeng.2015.10.061" target="_blank" >10.1016/j.proeng.2015.10.061</a>

Result language
angličtina
Original language name
Application of EPC Contracts in International Power Projects
Original language description
Engineering, procurement and construction (EPC) contracts are on the way to become the most usual form of contracts applied by the private sector to undertake construction works on large scale infrastructure projects. In every project, it is necessary tohave good contract management in place; otherwise it can have negative consequences for all parties involved ? the client, contractor, lenders, government, etc. If contract management is not implemented and controlled properly, it may have a negative impact on the project as a whole. Such failures may include delayed schedule, cost overruns, quality, safety and more. Nowadays, some contractors refuse to enter into EPC contracts in certain jurisdictions, since a number of contractors suffered from heavylosses in the past. A qualitative approach was applied in order to analyze the critical points of contracts based upon a number of interviews with business professionals and reviews of related case studies from the power sector. This res
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
JN - Civil engineering
OECD FORD branch
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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