The British Academy for Training and Development offers a comprehensive course of EPCIC (Engineering, Procurement, Construction, Installation & Commissioning) Contract Management in Offshore and Marine. The course on EPCIC Contract Management in Offshore and Marine provides an advanced level of theoretical and practical knowledge for effective management of EPCIC contracts in the offshore and marine industries. The course teaches how to manage the EPCIC contract's full life cycle, including procurement process, risk management, and contract administration aside from dispute management. The course magnitudes off into the niches of offshore and marine project contracts about more compliance, stakeholder management, and contractual obligations. It suits professionals like project managers, lawyers, and contract administrators who are in the offshore and marine industries working environment.

In this course of EPCIC Contract Management in Offshore and Marine, attendees will explore the critical aspects of contract completion in offshore and marine projects. 

1. Legal Framework and Contract Structure

The legal framework and contract structure section of the course explores the legal principles and structures that underpin EPCIC contracts in the offshore and marine industries. It includes the essential components of these contracts, including terms, conditions, and scope of work, and examines the legal and regulatory frameworks that govern this type of project. Attendees learn how to structure contracts to ensure clarity in responsibilities, risk distribution, and compliance, as well as how to manage dispute resolution effectively. This section provides the skills needed to create legally sound contracts that align with industry standards and project requirements.

2. Contract Completion – Critical Issues

The Contract Completion stage is the most significant point for closing EPCIC contracts for offshore as well as marine projects. This course covers key issues which may affect the completion phase as well as best practices that should guide in the management of that stage. The 3 main critical issues of contract completion are:

a. Deliverables and Final Inspection

During contract completion, ensuring compliance by all deliverables to specifications as agreed is very important. There must be a final inspection to confirm that all aspects of the contract have truly been fulfilled before the actual closure is effected. This will certainly help avoid future claims by ensuring proper documentation of approvals.

b. Handover Process

The handover of assets as well as responsibilities to the client will mark the end of the contract. It should be fully documented transfers indicating all necessary information like operation manuals and warranties. It minimizes risk through a smooth transition of the project to the client for a complete operation.

c. Compliance and Documentation 

As far as possible, it must always be ensured that during the course of the project, all legal and regulatory requirements are complied with under the contract completion phase. Certain documentation presents a certificate of completion, inspection reports, and regulatory approvals, which affirm that a project is following industry standards and local laws.

Objectives: 

The objective of the EPCIC Contract Management in Offshore and Marine course is to equip attendees with a comprehensive understanding of processes, strategies, and best practices for managing Engineering, Procurement, Construction, Installation, and Commissioning (EPCIC) contracts in the offshore and marine industries will be provided at the end of the course:

1. Key aspects and phases of EPCIC contracts in offshore and marine projects.

2. Effective risk, schedule and cost management within the scope of complicated offshore contracts.

3. Develop negotiation techniques and contract management approaches towards project success.

4. Understand legal, compliance, and regulatory issues concerning offshore and marine projects.

5. Increase contact and coordination among contractors, clients, and regulators. 

6. Use tools and techniques that will aid tracking and controlling the performance of EPCIC contracts.

Who Should Attend?

1. Commercial Contract Professionals

2. Commercial Operation Professionals

3. Contract Engineers

4. Procurement Supply Chain Professionals

5. Risk Manager / Contract Risk Professionals

How will attendees benefit?

The attendees will benefit by:

1. Giving the project management team a new and sober take on contract management in Offshore and Maritime contracts.

2. Analysis and resolution of contract problems before they become a cause of inconvenience in time and cost to the organisation.

3. An eye-opener into the importance of clarifying ambiguities in contracts before signing.

4. Provides procurement and other project personnel with a new understanding of negotiating contracts.

5. Strategy planning on risk management techniques which can be incorporated in the contracts to safeguard organisational interests.

6. Senior management options available to negotiate terms and conditions of upstream and downstream contracts for themselves.

EPCIC Overview, Legal Framework & Contract Structure and Risk Allocation

• EPCIC, EPC. EPCM Contract Structure and Strategy

• Legal formation of contracts  

• Maximizing Parties’ Rights and Interests

• Contractor’s Single Point of Responsibility and Its Effects on Parties

• Fixed Price Lump Sum Contracts

• Split Contract Structures to Minimize Tax and Legal Exposure

• EPCIC used in Shipbuilding Contracts for “Floaters” and Floating Platforms

• Collaborative Contract Strategies to Avoid the “Blame Game”

Tender Process Leading to an EPCIC Contract

• Legal, Technical and Commercial Pre-qualification of Tenderers

• Best Practices in Tender Evaluations and Selection of Tenderer

• Important of Scope of Work and Specifications and Terms and Conditions

• Exceptions – What to accept and what to deny

• Finalising Tender Negotiations & Award

• LOI and LOA Essential Terms and Legal Effects

• Exercise on the Selection Process and Main Elements to Ensure a Successful Tender Exercise

Negotiating Essential Contractual Terms of EPCIC Contracts

• Identifying Critical Issues in the Project Life-cycle

• Managing Cost Impact Clauses like Delay, Price Fluctuations

• Changes in Law and Regulations in Host Country & Stabilization Clauses

• Political Risk Insurance

• Force Majeure & Termination for Cause and without Cause

• Negotiating Essential Contractual Terms of EPCIC Contracts

Essential Aspects of Risk Management Strategies

• Design, Technology & Process Risk

• Procurement & Specification risk

• Variations and Cost Impact

• Payment and Multi- currency Contracts

• Indemnities and Other Liabilities, MAC Clauses, HSE

• Delay, Liquidated Damages and Extensions of Time (EOT)

• Completion and Testing & Effects of Acceptance

• Using Contractual Clauses to Manage Liabilities and Risks

Contract Completion – Critical Issues

• Acceptance of Punch List of Defects - What is the effect?

• Passing of Tile and Risk - Safety & Insurance

• Dealing with Disputes – Considering the Different Options

• Effective dispute resolutions in EPCIC contracts; i.e. negotiations, mediation, arbitration, litigation

• Warranties and Guarantees

• Passing of Intellectual Property Rights

• Defects - Exculpatory Clauses

• Discussion on Issues Participants have Faced and How It was Handled