MoW, BES delegates to attend EPCIC seminar

Session to be hosted by James Bremen 

Manama

A delegation from the Works Ministry and key members of the Bahrain Engineers Society (BES) will attend a session on Engineering, Procurement, Construction, Installation and Commissioning (EPCIC), and Engineering, Procurement, Construction and Commissioning (EPCC) by industry law veteran James Bremen in Abu Dhabi the coming week.

The construction and infrastructure-focused analysis scheduled from September 27 to 29, would be presented by Bremen, who is a partner at Herbert Smith Freehills – an international law firm co-headquartered in London and Sydney. Qatar Petroleum recently lauded Bremen and said, “James is clearly very experienced in the EPC-and-major-projects world. It was very relevant for us in our business.” According to an official statement by the programme organisers, the attendees of the session can learn, in detail, the issues to be addressed when negotiating EPCIC and EPCC contracts and develop an awareness of the procurement options for projects, understanding the associated risks and opportunities. 

The session would also help in considering alternative pricing, incentivisation and risk allocation approaches and learning about current market trends.

The delegates attending the event expect to acquire an understanding of the current EPCIC and EPCC markets and the legal risks associated with it. It would also help them gain insights on major areas of dispute expected in construction projects and how to manage them. Moreover, it would also help develop an understanding of the key specificities of construction projects in the Middle East.

This workshop, which aims to provide an in-depth analysis of EPCIC and EPCC contracts, would also discuss the financing aspect of such contracts, including the mechanisms to  examine a contract precedent clause-by-clause. The participants would also be introduced to the key terms and negotiation issues in EPCIC and EPCC arrangements, and the impact of project specifications in EPCIC and EPCC arrangements.