Turnkey EPC Contracts

Our trainer has a unique blend of experience in Law, Corporate Banking, Investment Banking, Corporate Financial Management, General Management and Workout. He has gained a worldwide reputation for the quality and depth of his training courses which have been developed and presented over 20+ years.

• He trained as a lawyer at Cambridge and the Middle Temple and was called to the English bar.
• 5 years with an American bank (Chase), the world’s largest financier of oil & gas projects, as a corporate relationship manager in New York and London. Whilst in this role, he was exposed to the development of the North Sea projects and petrochemicals.
• 6 years: investment banking in Hong Kong and London (Wardley – the investment bank subsidiary of HSBC), primarily involved in mergers and acquisitions and corporate restructurings.
• 6 years: CFO of a public group with a joint head office in the United States and Australia. In this role he was engaged in some 35 acquisitions, over 20 equity raisings and a large number of complex financings, many of them structured on a limited recourse basis.
• 18 months: responsible for the ‘workout’ of a company in severe financial difficulties, being appointed as General Manager by KPMG.

For the past 20 years, our trainer has acted as an independent consultant and financial trainer. On the consulting side, he has been primarily involved in the financial modelling and structuring of power generation, LNG, mining, and petrochemical projects, as well as undertaking project vetting for a number of clients. On the training side, he conducts training courses in Financial Modelling, Loan Documentation, Project Finance and Corporate Finance, Corporate Valuation and M&A.

• Understand why traditional contracts often fail to meet lenders' requirements in limited recourse financing transactions.
• Identify key risks in the construction phase of projects and explore strategies for effective risk allocation.
• Learn about various risk management structures and arrangements, including their application in the FIDIC Silver Book.
• Examine related topics such as insurance coverage and dispute resolution mechanisms.
• Review real-world case studies to understand the impact of construction-phase risks and mitigation strategies.

• The course links & integrates the commercial aspects of the pre-completion phase to the documentation that controls it
• This Turnkey EPC contracts training course has a strong practical bias.
• Participants will take away a substantial body of written materials for further investigation and research.
• EPC contract training will be accompanied by videos prepared by the trainer.
• Delivered by a trainer with multidisciplinary expertise in law, finance, and operations.
• Engaging Format - with Interactive webinars incorporating case studies and tailored discussions

This course is ideal for professionals involved in developing and financing infrastructure projects, particularly those utilizing limited recourse financing. Participants may include:

• Treasury and analytical staff in construction companies.
• Promoters of renewable energy projects.
• Lenders and financial analysts.
• Consultants and legal advisors.
• Government officials in infrastructure planning and development.

The content is especially relevant for those seeking to understand risk management, contractual frameworks, and the financial nuances of the pre-completion phase.

In the great majority of project financings, the greatest challenge is to get the infrastructure built and get it to work to specification. Once it works, the chances of it subsequently failing are remote, save for political interference risk or macroeconomic risk. Accordingly, this pre-completion phase is ordinarily the period of greatest risk to both the financiers and the Sponsors of the project. This Turnkey EPC contracts training course will enable participants to identify the various and significant risks that are present in the construction phase of any project and to observe how those risks can be allocated, together with the variant arrangements that can be adopted. The treatment then follows how those structures are captured, and the contractual protections that are put in place in the FIDIC Silver Book.