Hide metadata

dc.date.accessioned2013-03-12T11:03:00Z
dc.date.issued2009en_US
dc.date.submitted2009-02-20en_US
dc.identifier.citationKnutsen, Morten. International EPC standard contracts - from dispute settlement of a real case to establishment of a new contract standard for the client. Hovedoppgave, University of Oslo, 2009en_US
dc.identifier.urihttp://hdl.handle.net/10852/22849
dc.description.abstractCompany A and company B enters into an EPC contract for the supply, installation and commissioning of a process plant. During the execution phase they encounters several problems such as delays and extra costs due to changes and increases in scope. The contract is based on Orgalime SE01 with modifications taken from NTK05 as to how to handle variations and the criteria for delivery. In the discussions in order to find the most probable outcome, one of the challenges has been to determine which exact contractual regulation is applicable to the subject matter, as the modifications that have been made, have not made use of the entire regulation from NTK, but only parts of it. Through a cost-income and project valuation analysis, it is determined which elements which has contributed to the largest decreases in contract value and it is shown that Orgalime is very contractor-friendly as concerns interests on late payments which is even far above the contractor s cost of capital. In order to establish a new contract document for the contractor to use on similar projects internationally, an analysis has been made of excisting internationational standards for EPC contracts, where a comparative analysis between FIDIC Silver Book and Orgalime Turnkey Contract has been made. It was found, not unexpectingly, that the Orgalime Turnkey Contract is much more contractor-friendly than the FIDIC alternative. There is made a detailed analysis of the Orgalime Contract with a set of proposed changes based on the experience from the previous projects. Since the Orgalime Contract is already quite contractor-friendly, only modifications considered as essential or which not scare off the buyer has been proposed.eng
dc.language.isoengen_US
dc.titleInternational EPC standard contracts - from dispute settlement of a real case to establishment of a new contract standard for the clienten_US
dc.typeMaster thesisen_US
dc.date.updated2009-11-16en_US
dc.creator.authorKnutsen, Mortenen_US
dc.date.embargoenddate10000-01-01
dc.rights.termsKLAUSULERING: Dokumentet er klausulert grunnet lovpålagt taushetsplikt. Tilgangskode/Access code Cen_US
dc.rights.termsforeveren_US
dc.subject.nsiVDP::349en_US
dc.identifier.bibliographiccitationinfo:ofi/fmt:kev:mtx:ctx&ctx_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:dissertation&rft.au=Knutsen, Morten&rft.title=International EPC standard contracts - from dispute settlement of a real case to establishment of a new contract standard for the client&rft.inst=University of Oslo&rft.date=2009&rft.degree=Hovedoppgaveen_US
dc.identifier.urnURN:NBN:no-23491en_US
dc.type.documentHovedoppgaveen_US
dc.identifier.duo89432en_US
dc.rights.accessrightsclosedaccessen_US
dc.identifier.fulltextFulltext https://www.duo.uio.no/bitstream/handle/10852/22849/1/thesis.pdf


Files in this item

Appears in the following Collection

Hide metadata