Garry Andrews MSc MRICS ACIArb AMDRAS’ Post

View profile for Garry Andrews MSc MRICS ACIArb AMDRAS, graphic

Testifying Expert Witness | Quantum | Mediator | Executive Director | Construction | Energy | Infrastructure

What terms should be included in EPC Contracts for renewable energy projects? When reviewing and preparing EPC Contracts in the renewable energy space, the following clauses must be considered in detail: 1. Commencement and completion dates 2. Variation clauses 3. Liquidated Damages for delays by the contractor 4. Delay damages for delays by the Principal 5. Unforeseen site conditions 6. Extension of time regimes 7. Warranties on the workmanship 8. Indemnities 9. Insurances 10. Intellectual property 11. Termination rights 12 Is the the Principal going to supply any materials? In particular, for solar projects, the following must also be considered: 1. How do you manage unforeseen site conditions under the contract? Will the Contractor wear the risk, the Principal or will the risk be shared? 2. Ensuring the Contractor can connect to the power grid smoothly and on schedule. This involves meeting generator performance standards and adhering to the requirements set by the Australian Energy Market Operator (AEMO). 3. Maintaining consistency in how we test and commission the solar setup. We need to make sure everything runs smoothly when it's time to flip the switch. 4. Addressing warranty and design life requirements for essential components. 5. Handling the various relationships between government bodies, landowners, local communities, the Principal and the Contractor. The complexity of any renewable project requires proper planning and consideration as to the risk profile for both the contractor and principal.

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics