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Worlds apart EPC and EPCM contracts risk issues and allocation

By: Contributor(s): Language: English Series: International Construction Law Review ; 24(3) July 2007, 252-270(19)Publication details: 2007Subject(s): Summary: Explains how the typical Engineering, Procurement and Construction Management (EPCM) contract works and highlights some of the key differences from the Engineering, Procurement and Construction (EPC) contract. Notes that under an EPC contract, a single contractor takes responsibility for all elements of design, construction and procurement whereas an EPCM contract is a professional services contract and under it other parties construct the project. Discusses the project participants, front-end engineering and design, the scope of EPCM and the services to be performed under an EPCM contract, cost control, schedule control, insurance, net contribution, and dispute resolution.
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Journal article London Journal article L139839 (Browse shelf(Opens below)) 1 Available 139839-1001

Explains how the typical Engineering, Procurement and Construction Management (EPCM) contract works and highlights some of the key differences from the Engineering, Procurement and Construction (EPC) contract. Notes that under an EPC contract, a single contractor takes responsibility for all elements of design, construction and procurement whereas an EPCM contract is a professional services contract and under it other parties construct the project. Discusses the project participants, front-end engineering and design, the scope of EPCM and the services to be performed under an EPCM contract, cost control, schedule control, insurance, net contribution, and dispute resolution.