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Excerpt from Practical Guidance

Expert Analysis

Limitation Of Liability Provisions In EPC Contracts

By Jed Ruccio, McCarter & English LLP (April 18, 2017, 3:45 PM EDT) -- Under a traditional design-bid-build approach, a project owner or sponsor (referred to herein as "owner") enters into one contract with a designer to engineer the project, another contract with a general contractor to construct the project, and possibly other contracts with suppliers to procure the project materials. Rather than entering into multiple contracts, an owner may instead choose to have a qualified firm handle all of the engineering, procurement and construction (EPC) work for a given project and to enter into a single contract (referred to as an "EPC contract") with the firm....

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