Type of Contract

Applies to: Pellet Briquette Plant; CHP Plant; Biogas Plant

Description:

This question checks which construction model is used for equipment installation. Depending on the contract, liability is differently arranged, from most liability being on the owner when there are different phases in the project managed by the owner. This is the case in the design, bid, build model, meaning that the owner takes responsibility of coordinating different project phases. On the contrary, in the EPC (energy performance contract), almost entire performance, and sometimes financial, risk is transferred from the client to the contractor.

Question:

What type of contract has been agreed with the contractor?

Rating:

There is an EPC contract that guarantees all aspects of the project (construction, mechanical and electrical works, etc.)

There is a design and build contract or similar

There is a design, build, finance and operate or similar

There is a design, bid, build or similar contract