Understanding and Negotiating Turnkey and EPC Contracts 3rd ed

This new edition provides a practical commentary on the FIDIC Design-Build, Turnkey and EPC contracts widely used in the international construction industry. It analyses the contracts clause-by-clause, and offers practical guidance on their application in specific projects.

• Enables easy comparison of the terms of the contracts
• Helps practitioners understand what they need to consider when putting together a case, drafting a contract or negotiating terms with a client
• Gives drafting suggestions for selected contract provisions of the Silver Book from the perspective of both the contractor and the employer
• Reproduces the contract in full as an appendix
• Provides new coverage of the ICC Design-Build
• Includes commentary on the FIDIC Gold Book Design-Build
• Discusses how the allocation of risk between parties has changed due to shifts in the construction market
• Acts as an essential reference on international projects, where the use of FIDIC standard contracts is continually increasing