Tracking No. 00.00.2010

Establishing a Productive Partnership

• Utility’s Goal

with an EPC Contractor

– High level of reasonable certainty in pricing, schedule and

performance for reduced risk

• EPC Contractor’s Goal

– Owner/contractor structure focused on successful project with

acceptable profit and incentives for reduced risk

• Challenge

– Creating cooperative owner-contractor team with shared focus

on project success and mutual risks

• Ultimate Joint Goal

– Establish relationship of mutual trust and respect to achieve

timely and cost-effective completion of project with shared

balance of risks and incentives that can survive project duration

of 7-10 years


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