For the unfamiliar reader, EPC contracts are engineering, procurement and construction contracts which explains the method of procurement of the engineered works. EPC contracts are colloquially termed 'turnkey' for the reason that the Contractor has 'single point responsibility' for designing, constructing, completing and then handing over an operational facility, for use by the Owner.\r
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In principle, the formation of disputes is against the natural interests of the parties to an EPC contract. This article provides an insight into the types of disputes which may arise during the lifecycle of an EPC project with practical guidance for both the Contractor and Owner on minimising disputes during the various stages of a project.
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