Understanding and Negotiating EPC Contracts, Volume 2

Howard M. Steinberg is of counsel and a retired partner in the law firm Shearman & Sterling LLP and has more than 25 years of legal experience in the infrastructure sector in more than 100 countries. He is named a leading lawyer in project finance by Chambers & Partners and IFLR 1000. He represents sponsors, offtakers, miners, suppliers, engineering firms, consultants, financial advisors, contractors, operators, underwriters, lenders, export credit agencies and multi-lateral institutions in the development, acquisition, restructuring and privatization of projects around the world. He holds bachelor’s and business degrees from Columbia University and a law degree from New York University.

• Introduction How To Use These Sample Contract Forms Part A Sample Form of Letter of Intent for Fixed Price, Lump Sum, Turnkey, Engineering, Procurement and Construction Contract Part B Sample Form of Limited Notice to Proceed Agreement Part C Sample Form of Fixed Price, Lump Sum, Turnkey, Engineering, Procurement and Construction Contract Part C Supplemental Provisions for Certain Types of Projects Part C 1A Power Plant Specific Provisions Part C 1A 1 Coal Fired Power Plants Part C 1A 2 Gas Fired Power Plants Part C 1A 3 Hydroelectric and Geothermal Power Plants Part C 1A 4 Solar Power Plants Part C 1A 5 Wind Power Plants Part C 2A 1 Simple Cycle Part C 2A 2 Combined Cycle Part C 2A 3 Cogeneration Part C 2A 4 With Desalinization Part C 2A Electrical Transmission Facilities Part C 2A Liquid Natural Gas Terminals Part C 2A 1 Gasification Facilities Part C 2A 2 Re Gasification Facilities Part C 3A Air Separation Units

’Every lawyer involved in project finance should read this book!’ Oscar Frota, Senior Legal Counsel, GDF Suez Energy Latin America ’From the finance side, before we can even look at the economics of a project, we need to know that its contractual structure is sound. This book is a must for any serious banker.’ Edmundo Lujan, Executive Director, Project Finance Latin America, Banco Bilbao Vizcaya Argentina S.A. (BBVA) ’There would be a lot less restructuring work if a proper risk allocation had been put in place since inception. This book provides a must-read guide to project parties to achieve that goal.’ Jean-Valery Patin, Managing Director and Head of Project Finance Latin America, BNP Paribas ’It’s truly astounding how much money companies will spend only to learn they do not have a project that can be financed. This book should be the first investment for any project.’ Halil Sunar, Director of Power for Turkey, State Oil Company of Azerbaijan (SOCAR) ’Financing projects is all about understanding the risks. Anyone who hasn't read this book is just giving himself an unnecessary handicap.’ Natasha Kirby, Associate Director, Strategic Energy Solutions Group, HSBC