Strategies for Negotiating with EPC Contractors: Exclusive Remedies and Liquidated Damages

2019-11-07T16:00:23+00:00

Prepared By Alan Cohen.  The EPC (engineering, procurement and construction) contracting model frequently is used for renewable energy projects because it establishes a single point of responsibility for issues bearing on time, cost and quality. An EPC contract normally includes detailed performance specifications and guarantees, along with a guaranteed completion date. In the event [...]