FIDIC Suite of Contracts
Silver Book 2017 EPC/Turnkey Projects
Analyse key contractor obligations, risk allocation, and performance strategies for EPC/Turnkey projects under FIDIC Silver Book 2017.
-
Intermediate
- ENGLISH
- 6 lessons
- Certificate included
What you will learn?
Analyze contractor liabilities under EPC contracts
Manage fixed-price risks and scope changes
Apply risk allocation principles
Ensure contract compliance and delivery
Course content
Objective
Gain an understanding of EPC delivery models and how the Silver Book 2017 shapes risk and performance obligations.
Key topics
Explain the purpose and scope of EPC/Turnkey contracts
Identify core principles underpinning the Silver Book
Compare risk allocation with other FIDIC forms
Analyse why EPC contracts impose higher contractor liability
Understand implications for commercial strategy
Review updates from previous editions.
Week 1
Lesson 1
Preview available
Online
Video Lectures
60 min
Activity
Take a short quiz and write a 5-bullet summary of Explain the purpose and scope of EPC/Turnkey contracts.
Objective
Learn the contractor’s primary liabilities under EPC contracts and how to manage them effectively.
Key topics
Define key obligations for design and execution
Explain liability for defects and performance shortfalls
Apply strategies for compliance with technical specifications
Address risks linked to fitness-for-purpose requirements
Document obligations for clarity in execution
Maintain neutrality during claims handling.
Week 2
Lesson 2
Online
Video Lectures
60 min
Activity
Produce a practical checklist and a sample clause set aligned with the lesson objective.
Objective
Master techniques to manage fixed-price risk and safeguard profitability under the Silver Book 2017.
Key topics
Understand the financial implications of fixed-price EPC contracts
Analyse provisions for price certainty and risk allocation
Manage unforeseen cost impacts proactively
Apply strategies for pricing accuracy during bid stage
Draft notices to protect entitlements
Use contingency planning for cost stability.
Week 3
Lesson 3
Online
Video Lectures
60 min
Activity
Draft/redline a clause based on the lesson focus and explain your drafting choices.
Objective
Develop robust scope management practices for successful EPC project execution.
Key topics
Identify obligations for complete project delivery
Apply contractual provisions for managing scope changes
Draft compliant variation notices
Mitigate risks from scope creep
Maintain accurate documentation for all instructions
Communicate changes transparently to avoid disputes.
Week 3
Lesson 4
Online
Video Lectures
60 min
Activity
Draft/redline a clause based on the lesson focus and explain your drafting choices.
Objective
Understand contractual risk allocation and how to manage exceptional circumstances effectively.
Key topics
Analyse clauses allocating risk for unforeseeable events
Understand contractor obligations in adverse conditions
Apply procedures for claims under exceptional circumstances
Manage force majeure and cost/time impacts
Integrate risk planning into project execution
Use dispute avoidance measures for risk-related claims.
Week 4
Lesson 5
Online
Video Lectures
60 min
Activity
Produce a practical checklist and a sample clause set aligned with the lesson objective.
Objective
Equip yourself with practical strategies for managing EPC risk and ensuring contractual compliance.
Key topics
Create compliance checklists for EPC contracts
Prepare internal governance frameworks for risk control
Implement best practices for documentation and reporting
Review real-life EPC disputes and lessons learned
Apply strategies for proactive claims prevention
Build systems for transparent communication across stakeholders.
Week 4
Lesson 6
Online
Video Lectures
60 min
Activity
Produce a practical checklist and a sample clause set aligned with the lesson objective.
Description
Analyse key contractor obligations, risk allocation, and performance strategies for EPC/Turnkey projects under FIDIC Silver Book 2017.
Instructor
Mian Sheraz Javaid
FIDIC Suite of Contracts
Sheraz draws from his rare dual expertise as an engineer and barrister to offer elite training in contract drafting. These programs are crafted for professionals who draft or review complex contracts and seek to enhance clarity, enforceability, and risk control across jurisdictions and sectors.
