EPC Contract clauses and specificities

  1. General: Status of the Parties – Assignment – Sub-Contractor

  2.  Performance of the Contract: Work Time Schedule and Progress Control - The Certificates - Guarantees & Warranties - Change Orders & Claims

  3. Financial Conditions: Price structure – Price revision – Price perimeter – Invoicing conditions – Payment terms - Liquidated Damages

  4. Liabilities & Insurances: Various Liability principles – Insurances - Limitation of Liability

  5. Legal Clauses: Suspension – Termination – Force Majeure - Applicable Laws – Governing Law