Selecting the right contracting strategies for construction works is vital and shall commensurate with the construction execution plan and availability of resources.
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The selection of the most appropriate commercial & contracting strategies is vital for EPC construction works and needs to be aligned with the construction execution strategies and plan and availability of resources. Incorrect or inappropriate strategies impact the construction progress and jeopardizes the project completion.
Such an impact on construction leads to claims & overruns. Disputes that could easily been avoided in the first place can result in sizeable delays potentially costing millions. The focus should be always on selecting the right commercial & contract strategy through an appropriate risk assessment process.
Petrocontracts has in-depth experience in capturing such issues while developing pragmatic contracting strategies. Our proven contract management methodologies enable us to provide early advice on how contracts can be optimized and managed to avoid claims, and also in the event of that claims do arise, how they are best managed.
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