EPC Contract – Options Shortlisting

📑 10 slides 👁 33 views 📅 1/22/2026

0.0 (0 ratings)

Slide 1 Introduction to EPC Contracts

Slide 2 Key Criteria for Shortlisting

Slide 3 Technical Capability Assessment

Slide 4 Financial Stability Check

Slide 5 Risk Allocation Strategies

Slide 6 Contractual Flexibility

Slide 7 Local Presence & Compliance

Slide 8 Innovation & Sustainability

Slide 9 Comparative Evaluation

Slide 10 Conclusion & Next Steps

Introduction to EPC Contracts

EPC (Engineering, Procurement, Construction) contracts are comprehensive agreements for large projects.

Evaluate contractors based on technical expertise, financial stability, and past performance.
Consider project-specific requirements like local regulations or environmental standards.
Assess risk management strategies and contingency plans offered by contractors.

Review the contractor's experience with similar projects in scale and complexity.
Analyze their engineering and design capabilities through case studies or references.
Check availability of skilled workforce and modern construction technologies.

Examine how risks like cost overruns, delays, and force majeure are allocated.
Preferred contracts balance risk transfer with contractor's ability to manage them.
Insurance coverage and bonding requirements should be clearly specified.

Check provisions for change orders and scope modifications without excessive costs.
Evaluate dispute resolution mechanisms and arbitration clauses.
Assess termination clauses and penalties for non-performance.

Contractors with local offices often navigate regulations and labor markets better.
Verify compliance with safety, environmental, and labor laws in the project location.
Check for necessary licenses and permits required for project execution.

Prioritize contractors with green construction practices and energy-efficient solutions.
Look for innovative approaches that may reduce long-term operational costs.
Assess use of renewable materials and waste reduction strategies in past projects.

Create weighted scorecards for objective comparison of shortlisted contractors.
Conduct side-by-side analysis of pricing, timelines, and value-added services.
Include stakeholder feedback from reference projects for qualitative assessment.

Final selection should balance cost, capability, and risk management optimally.
Prepare detailed negotiation strategy based on shortlisted contractor strengths.
Document evaluation process thoroughly for transparency and future reference.