20-25 May 2022
POWERGEN 2022

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Conference
Best Practices for Structuring and Negotiating EPC Contracts for Renewable Power Power Projects
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query_builder 9:30am - 10:00am
place D220, Second Level
card_travel Presentation
mic English
Best Practices for Structuring and Negotiating EPC Contracts for Renewable Power Power Projects
This discussion will comprise an overview, from the owner’s/developer’s perspective, of two fundamental contracts for building a renewable (wind or solar) electric generation facility: the Equipment Procurement Agreement (EPA) and the balance of plant (BOP) Engineering Procurement and Construction Agreement (EPC). The first half will focus on key provisions that should be in the typical EPA, outlining the key issues and risks inherent in these documents and focusing on how to protect the owner’s/developer’s interests at every step. The presenters will delve into “best practices” and “critical nuances” on key subjects, including in such areas as payment and payment security structures, equipment delivery obligations, performance testing and guarantees, and warranties. The second half will focus on the typical BOP EPC Agreement, focusing on how the three fundamentals of scope, time and money are each addressed throughout the document’s inter-woven provisions, and how various key risks can impact these fundamentals. The panelists will delve into “best practices” and “critical nuances” on key subjects, including in such areas as payment and payment security structures, equipment delivery obligations, performance testing and guarantees, and warranties. Change Order, Force Majeure. Finally, the panelists will explore strategic techniques for “weaving” the EPA and BOP EPC together so as to replicate near-turn-key risk allocation in the multi-prime contracting situation. Such an approach can help decrease a project’s construction risk, helping to prime it for project financing
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Initiate
Initiate Awards
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query_builder 10:00am - 10:30am
place 3755, Exhibit Floor
card_travel Presentation
mic English
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Initiate Awards
Join us for the Initiate awards, where Clarion Events will announce 3 winners and Duke Energy will announce one 1-to 3 winners from the startup pitch competition.
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