Focus on EPCM contracting

First standard form EPCM contract

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’s Jo 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.