Overview

Contracting Strategies for Capital Projects is an executive-friendly, highly practical guide for owners, EPC, EPCM contractors, project managers, and engineering leaders involved in large industrial, Oil & Gas and infrastructure projects. Written in a clear, concise, and bullet-point driven style, the book makes complex contracting concepts easy to understand and apply-without legal jargon or unnecessary theory. Focused on real-world execution, the book explains how to choose the right contract type, structure commercial terms, manage risk, strengthen governance, and avoid the disputes that routinely derail capital projects. It covers the full spectrum of contracting models used across refineries, petrochemical plants, LNG, power, utilities, and public infrastructure. Readers gain a deep yet accessible understanding of lump-sum EPC, cost-reimbursable, target price, design-build, alliances, and other modern delivery models-along with how each impacts cost, schedule, risk allocation, contractor behavior, and overall project performance. Designed for decision-makers, the book breaks down complicated issues into simple executive-level bullets, covering: Contract types, pricing structures, and risk-sharing models U.S. contracting realities-state laws, indemnity rules, warranties, insurance, bonding, and public-sector procurement EPC risk allocation (design maturity, legislative change, force majeure, interfaces, subsurface risk, escalation) Claims management, delay analysis, change orders, and dispute-resolution pathways Contractor prequalification, screening, leadership evaluation, and market behavior KPI development, incentive structures, and performance scorecards QA/QC, safety governance, commissioning, and project controls International contracting frameworks Emerging trends: digital tools, modular execution, transparency models The book also includes ready-to-use templates, checklists, scoring sheets, and evaluation tools, making it a practical reference for daily decision-making. If you are an owner seeking predictable outcomes, a contractor pursuing better contract positioning, or an executive responsible for risk and performance, this book delivers clear guidance. If you are an owner seeking predictable outcomes, a contractor pursuing better contract positioning, or an executive responsible for risk and performance, this book delivers clear guidance, practical tools, and an executive-friendly roadmap for building smarter contracts and achieving successful project delivery.

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