Understanding and Negotiating EPC Contracts, Volume 2

The challenge of the parties to an EPC contract is not to eliminate risk but rather put into place a narrative structure that enables you to predict the contractual result if a risk materializes. If the EPC contract does not allow the parties to determine the consequences of an unanticipated situation, they will have to look to an expert, mediat

Provocarea partilor la un contract EPC nu este de a elimina riscul, ci mai degraba de a implementa o structura narativa care sa permita prezicerea rezultatului contractual in cazul in care un risc se materializeaza. Daca contractul EPC nu permite partilor sa determine consecintele unei situatii neprevazute, acestea vor trebui sa apeleze la un expert, la un mediator.