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15 April 2013 · Article

The role of contracts in owner/contractor engagements Maintaining project control through correct contract planning

Who is to blame for project overruns? Many owner/operators who have watched a capital project or plant turnaround spiral out of control will point the finger at one or more contracting companies. But is that fair? Often the owners cannot make the blame stick, because the original contract specifying the work was not clear enough. And that's their fault.  In the case of a safety disaster, the public also will blame the owner/operator, not the contractor. Think back on recent catastrophes. Though the contractor is accountable to the owner/operator, final responsibility for all projects lies with the owner who drew up the contract in the first place.

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