Full-Day Classroom Seminar
Managing EPC Contracts under FIDIC & Model NITI Aayog
Contract administration, risk allocation, claims management, dispute resolution, and effective management of EPC projects.
A practical programme to help project, contract, commercial, legal, and EPC teams manage complex contracts with greater clarity and control.
The Programme
Programme Overview
Introduction
Course Overview
EPC projects involve multiple stakeholders, strict contractual obligations, project timelines, performance guarantees, variations, claims, risks, disputes, and compliance requirements. Without strong contract administration and clear understanding of FIDIC and Model NITI Aayog EPC contract provisions, project teams may face delays, cost exposure, disputes, and weak contractual control.
This programme helps participants understand the practical management of EPC contracts under FIDIC and Model NITI Aayog frameworks. The workshop focuses on contract administration, performance management, risk allocation, variations, claims, contractual compliance, dispute resolution, commercial negotiation, project closure, and end-to-end EPC contract management planning.
Outcomes
What You Will Learn
- Understand the EPC contracting model and project lifecycle.
- Review FIDIC Conditions of Contract and Model NITI Aayog EPC documents.
- Identify key contractual obligations of Employers, Contractors, Engineers, and Consultants.
- Compare FIDIC provisions with Model NITI Aayog EPC contracts.
- Manage contract commencement, milestones, deliverables, and contractual timelines.
- Handle performance securities, guarantees, insurance, warranties, notices, and correspondence.
- Manage variations, change orders, Extension of Time, delay management, and claims.
- Assess contractual, commercial, project, subcontractor, and third-party risks.
- Understand dispute resolution mechanisms under FIDIC and Model NITI Aayog contracts.
- Develop an end-to-end EPC Contract Management Plan.
Methodology
How We Teach
- Practical comparison of FIDIC and Model NITI Aayog EPC contract provisions.
- Hands-on contract clause and responsibility identification exercises.
- Contract administration scenario review and compliance gap analysis.
- Variation and claim submission preparation using project scenarios.
- Contractual risk assessment for EPC project situations.
- Dispute resolution and contract negotiation simulations.
- Real project case studies and practical exercises.
- End-to-end EPC Contract Management Plan development.
The Outcome
Impact & Audience
For the Organization
Organizational Impact
- Improve EPC contract administration through better clarity on roles, obligations, timelines, notices, and documentation.
- Strengthen risk allocation and contractual responsibility management across project stakeholders.
- Reduce disputes through proactive contract governance, compliance monitoring, and timely communication.
- Improve claims readiness through stronger documentation, variation management, and entitlement review.
- Support better commercial control through negotiation, dispute avoidance, and settlement strategies.
- Build organizational capability for EPC project closure, handover, defect liability management, final accounts, and contract close-out.
For the Individual
Personal Impact
- Build confidence in understanding FIDIC and Model NITI Aayog EPC contract frameworks.
- Improve your ability to interpret contractual obligations, responsibilities, and risk allocation.
- Learn how to manage project schedules, deliverables, milestones, and contractual timelines.
- Develop practical skills in handling variations, claims, EOT, delays, and compensation events.
- Strengthen your ability to negotiate contractual issues and manage dispute resolution processes.
- Create an EPC Contract Management Plan for practical project application.
Audience
Who Should Attend
- Project Directors: To strengthen strategic oversight of EPC contract risks, performance, disputes, and project close-out.
- Project Managers: To manage timelines, deliverables, obligations, risks, variations, claims, and project execution controls.
- Contract Managers: To administer FIDIC and Model NITI Aayog EPC contracts, notices, records, claims, and compliance requirements.
- Commercial Managers: To manage commercial entitlements, settlements, claims, payments, final accounts, and negotiations.
- EPC Contractors: To understand obligations, variation processes, risk allocation, claim preparation, and dispute management.
- Owners: To manage employer-side responsibilities, contractor performance, compliance, claims, and contract governance.
- Consultants and Engineers: To understand contractual roles, communication requirements, performance obligations, and dispute prevention.
- Procurement Professionals: To align procurement decisions with contract terms, risk allocation, subcontractor obligations, and project requirements.
- Legal Teams: To interpret EPC contractual provisions, claims, dispute mechanisms, compliance obligations, and commercial risk.
Curriculum
Course Outline
Session 1: EPC Contract Fundamentals & Contract Framework
- Understand the EPC contracting model and project lifecycle.
- Review FIDIC Conditions of Contract and Model NITI Aayog EPC documents.
- Identify key contractual obligations of Employers, Contractors, Engineers, and Consultants.
- Understand risk allocation and contractual responsibilities.
- Compare FIDIC provisions with Model NITI Aayog EPC contracts.
- Identify key clauses and responsibilities in an EPC contract through a hands-on exercise.
Session 2: Contract Administration & Performance Management
- Understand contract commencement, milestones, and performance obligations.
- Manage project schedules, deliverables, and contractual timelines.
- Review performance securities, guarantees, insurance, and warranties.
- Manage notices, correspondence, and contractual communication.
- Maintain documentation and contract records effectively.
- Review contract administration scenarios and identify compliance gaps through a hands-on exercise.
Session 3: Variations, Change Orders & Claims Management
- Manage scope changes and variation orders.
- Understand Extension of Time and delay management.
- Review cost claims, compensation events, and contractual entitlements.
- Identify documentation required to substantiate claims.
- Manage employer and contractor claims effectively.
- Prepare a variation and claim submission for a project scenario through a hands-on exercise.
Session 4: Risk Management & Contractual Compliance
- Identify contractual, commercial, and project risks.
- Manage force majeure, unforeseen events, and contractual relief.
- Understand quality, safety, statutory, and regulatory compliance obligations.
- Manage subcontractors and third-party contractual risks.
- Apply best practices for contract governance and compliance monitoring.
- Conduct a contractual risk assessment for an EPC project through a hands-on exercise.
Session 5: Dispute Resolution & Commercial Negotiation
- Prevent disputes through proactive contract management.
- Negotiate contractual issues and commercial settlements.
- Understand dispute resolution mechanisms under FIDIC and Model NITI Aayog contracts.
- Review arbitration, mediation, adjudication, and dispute avoidance strategies.
- Learn from major EPC infrastructure project cases.
- Simulate a dispute resolution and contract negotiation case through a hands-on exercise.
Session 6: Best Practices for Successful EPC Contract Management
- Manage project closure, handover, and defect liability obligations.
- Handle contract close-out, final accounts, and payment settlements.
- Conduct contract audits and performance evaluation.
- Use digital tools for EPC contract administration and monitoring.
- Develop an EPC contract management roadmap for organizational excellence.
- Prepare an end-to-end EPC Contract Management Plan through a hands-on exercise.
Faculty & Inclusions
Your Trainer
Faculty
Instructors Details
The programme is designed to be led by instructors with practical knowledge of EPC contracts, FIDIC Conditions of Contract, Model NITI Aayog EPC documents, contract administration, risk allocation, variations, claims management, dispute resolution, commercial negotiation, contract compliance, and large capital project management.
What's Included
Certificates & Inclusions
- Certificate and inclusions to be confirmed as per programme format.
- Practical exercises on EPC contract clauses, responsibilities, claims, and risk assessment.
- Real project case studies and contract administration scenarios.
- Dispute resolution simulation and EPC Contract Management Plan development.
Need Assistance?
Talk to a Programme Advisor
Have questions about your specific industry, or want to enquire about group discounts? Reach out to our programme coordinators directly.
Or register by e-mail
register@princetonacademy.co.inFor Teams
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Upcoming Managing EPC Contracts under FIDIC & Model NITI Aayog Sessions
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Questions
Frequently Asked Questions
This programme is designed for Project Directors, Project Managers, Contract Managers, Commercial Managers, EPC Contractors, Owners, Consultants, Engineers, Procurement Professionals, and Legal Teams involved in infrastructure, power, oil and gas, transportation, industrial, and large capital projects.
Yes. The programme covers FIDIC Conditions of Contract, Model NITI Aayog EPC documents, and comparison of relevant provisions between both frameworks.
Yes. The programme covers scope changes, variation orders, Extension of Time, delay management, cost claims, compensation events, contractual entitlements, and claim documentation.
Yes. The programme covers dispute prevention, commercial negotiation, dispute resolution mechanisms under FIDIC and Model NITI Aayog contracts, arbitration, mediation, adjudication, and dispute avoidance strategies.
Yes. The programme includes hands-on exercises, real project case studies, contract administration scenarios, claim submission preparation, contractual risk assessment, negotiation simulation, and EPC Contract Management Plan development.
