This Masterclass will focus on bankability issues pivotal to securing project financing for EPC contracts.

Intervenants: Peter Rosher Victoria Westcott Simon Harvey

Type d’évènement: Conférence, Webinar

Reed Smith LLP, 112 Avenue Kleber, Paris 75116
Date/heure de début
21 March 2018, 8:00 AM Germany Daylight Time
Date/heure de fin
21 March 2018, 12:00 PM Germany Daylight Time

Topics will include:

  • Certainty – fixed price and fixed date – longstop dates - use of completion guarantees
  • Monitoring – Lenders Technical Advisor v. Independent Expert
  • Dealing with delays – remedial plans – liquidated damages
  • Dealing with under-performance – acceptance testing – performance guarantees – liquidated damages
  • Security Package – caps on liability – exclusions – performance bonds – parent guarantees
  • Contractor claims – restrictions on contractor including equivalent project relief and protections for the project company
  • Step in rights – common issues surrounding a direct agreement – expectations of lenders