As explained in our article, what contract should I use for my EPCM project?, the industry has adopted a range of approaches in procuring Engineering, Procurement and Construction Management (EPCM) projects (either by drafting bespoke contracts, or adapting other forms of contract to use on an EPCM contract. This is because there has been no standard form EPCM contract…until now.
Introducing the IchemE Blue Book
The Institute of Chemical Engineers (IchemE) published a standard form EPCM Contract in April 2023.
Eversheds Sutherland (International) LLP partner’sJo Hatton-Jones was on the drafting committee at the IChemE, as part of a multi-disciplinary team (which included consultants, clients and lawyers). As such our team at Eversheds Sutherland is well placed to advise on the intricacies in the contract, in particular the risk profile, which as we have commented on is so important to understand on an EPCM contract.
Please come back to the EPCM hub or sign up to our mailing list for further details on this contract once it is released.
Eversheds Sutherland takes all reasonable care to ensure that the materials, information and documents, including but not limited to articles, newsletters, reports and blogs (""Materials"") on the Eversheds Sutherland website are accurate and complete. However, the Materials are provided for general information purposes only, not for the purpose of providing legal advice, and do not necessarily reflect the present law or regulations. The Materials should not be construed as legal advice on any matter.
The Materials may not reflect the most current legal developments. The content and interpretation of the Materials and the law addressed in the Materials are subject to revision.
No representation or warranty, express or implied, is made as to the accuracy or completeness of the Materials and therefore the Materials should not be relied upon. Eversheds Sutherland disclaims all liability in respect of actions taken or not taken based on any or all of the contents of the Materials to the fullest extent permitted by law. The Materials are not intended to be comprehensive or to include advice on which you may rely. You should always consult a suitably qualified Lawyer/Attorney on any specific legal matter.
Any views expressed through the Materials are the views of the individual author and may not reflect the views of Eversheds Sutherland or any other individual Lawyer/Attorney.