Petrocontracts Delivers Expert Claims Management Services for Major Pipeline Project
Petrocontracts, a respected claims management services provider, was selected by an EPC contractor to provide Expert Claims Management Services for a major pipeline project in the UAE. The project faced substantial additional costs due to various client instructions and unforeseen extraordinary circumstances, such as a pandemic and economic sanctions, impacting the contractor's performance.
Dealing with a complex technical element comprising 15 claims, Petrocontracts meticulously evaluated the situation, resulting in a comprehensive 152-page final report with extensive supporting substantiations.
The claims advisory strategy was executed in two distinct stages.
Stage 1: Initial Review and Stakeholder Engagement
In stage one, Petrocontracts conducted an initial review, engaged with relevant stakeholders, carefully analysed the intricate contractual obligations and documentation, and holding discussions to grasp the contractor's expectations. This thorough assessment on strengths and weakness of entitlement allowed Petrocontracts to develop an effective strategy and methodology to support the contractors’ objectives.
Stage 2: Claims Preparation / Enhancement / Defence
Building on the insights from stage one, in stage two, Petrocontracts prepared detailed claim reports, enhancing each claim event with techno-commercial justifications of cause and cost parameters in collaboration with the contractor's PMT team. The company also provided robust defence arguments, both technically and contractually, backed by substantial evidence, with the sole aim of securing the rightful entitlement for the Contractor.
Petrocontracts' services encompassed a wide range of support, including:
- Advising on general contractual and claims matters.
- Conducting due diligence reviews of the submitted claims including assessment of the overall entitlement of the claims.
- Recommending strategies for presenting claims to the client in consultation with the contractor’s PMT.
- liaising with various teams (project, engineering, procurement & construction & planning) within the contractor's organization to prepare necessary documents and support contract claims.
- To identity, in consultation with the contractors PMT, the events of projects delays and assessment of delays analysis and preparation of EOT using TIA technique and estimating EOT and prolongation cost.
- Preparation of a structured & substantiated claim report on each Claim event.
- Additionally, Petrocontracts provided negotiation support, assessed delays, and defended claims by drafting responses to the client.
The advice and guidance offered by Petrocontracts have been highly appreciated by the contractor's team, with accolades and acknowledgment from the GM and the team, leading to further engagements with the contractor. Petrocontracts' commitment to delivering excellence and exceeding expectations underscores its value as a trusted partner in achieving successful project outcomes.
By showcasing Petrocontracts' ability to navigate and resolve complex claims with finesse, this Case Study effectively highlights the company's expertise and dedication to achieving positive outcomes in challenging project environments.
Petrocontracts, a leading provider of claims management services. Heralded for its comprehensive suite of solutions, Petrocontracts’ s involvement in the project showcases its commitment to excellence and proficiency in managing complex construction claims. Our expertise covers: -
- Delay, Disruption, Acceleration Claims and Cost Analysis
- Quantum claims including Damage Assessments
- Independent Entitlement Analysis
- Forensic Delay Analysis
- Extension of Time Claims (EOT)
- Dispute Avoidance and Negotiation Strategies
- Dispute Resolution, Arbitration & ADR Support
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Petrocontracts possesses the necessary skills and resources to effectively manage its offered services in the energy sector ranging from simple to complex projects. Petrocontracts will be pleased to provide a more accurate assessment, additional information about Petrocontracts' specific expertise, experience in providing its services, and available resources. Please contact us at [email protected] and one of our senior representatives will get in touch with you.