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Role of Procurement in EPC Construction Projects

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Role of Procurement in EPC Construction Projects


On this course, we’ll stroll you thru the whole the Role and duties of  Procurement Skilled in EPC / Construction Business in a step-by-step format in a easy and simpler method from the Procurement course of Pre-ordering to Publish Ordering not limiting to

  • Introduction to EPC contracts
  • Planning
  • World / worldwide sourcing
  • Vendor improvement and pre- {qualifications}
  • Standards of prequalification
    • Subject experience
    • Expertise listing
    • Monetary background
    • Organizational construction
    • Three way partnership
    • High quality certifications
    • Earlier completion certifications
    • Well being security atmosphere tradition
    • Manpower
    • Equipment
  • Request for quotes
  • Technical bid analysis
  • Single supply vendor or monopoly choice
  • Industrial negotiations
    • Investigation
    • Comparability Assertion
    • Presentation
    • Bargaining
    • Closure
  • Leverage impact of Procurement
  • PO Acknowledgement
  • Notification for Unsuccessful Distributors
  • Processing advance funds
  • Kick off conferences
  • Vendor element engineering
  • Overview cycles
  • Progress monitoring
  • Contract Drafting
    • Buy order and amendments
    • Authority of particular person signing paperwork:
    • Duty for efficiency of buy order
    • Common
    • Sub – letting of buy order
    • Duty for completeness
    • Buy order and reference doc
    • Acceptance
    • Value & cost phrases
    • Phrases of cost
    • Safety financial institution assure
    • Invoicing course of
    • Ultimate cost
    • Financial institution fees
    • Insurance coverage and taxes
    • Taxes and duties
    • Property and threat
    • Acceptance of buy order
    • Ensures / warranties
    • Gear ensures and warranties
    • Efficiency
    • Royalties and patents
    • Vendor represents and warrants
    • Schedule
      • Liquidated damages
      • Liquidated damages (LD) for late supply
      • Liquidated damages in the direction of non- achievement of efficiency parameters
    • Indemnity
    • Limitation of legal responsibility
    • Cost by the seller and liens
    • Assertion of rights
    • Task and chapter
    • Compliance with specs
    • Drawings
    • Property of drawings and knowledge
    • High quality assurance
    • High quality management
    • Expediting and inspection
    • Modifications in items to be provided
    • Transport instruction and transport documentation
    • Invoicing directions
    • Deliverables to be supplied after launch of buy order
    • Supply
    • Receipt
    • Consequential damages
    • Vendor manuals
    • Supervision of set up until efficiency assure exams
    • Packaging & marking
    • Rights not waived by cost or certificates
    • Termination of buy order
    • Insolvency and breach of buy order circumstances
    • Pressure majeure
    • Arbitration
    • Governing legal guidelines
    • Cures of contractor
    • Transport phrases
    • Confidentiality
    • Total settlement
    • Effectiveness
    • Liens
    • Well being security environmental necessities
  • Interdepartmental Coordination’s
  • Coordination with Finance Division
    • – Price range forecast on bill funds
    • – Milestone funds delay
  • Logistics Coordination
    • – Outsized consignments
    • – Warehouse
  • Construction coordination
  • Commissioning coordination
  • Vendor Efficiency Analysis
  • Procurement QMS Audits

We’ll additionally cowl all of the massive new modifications coming down the pike in phrases of Incoterms 2020 and different important contract clauses in basic phrases and circumstances paperwork.

  • Incoterms
  • E- phrases
    • EXW Ex-works
  • F- phrases
    • FCA Free Profession
    • FAS Free Alongside Ship
    • FOB Free on Board
  • C- phrases
    • CPT Carriage Paid To
    • CFR Value and Freight
    • CIF Value Insurance coverage Freight
    • CPT Carriage Paid To
  • D- Phrases
    • DPU Delivered at Place Unloaded
    • DAP Delivered at Place
    • DDP Delivered responsibility paid
    • LOA – Letter of Award

The course will change and enhance notion of Procurement Skilled on the Business. Recommending Freshers and Budding EPC Procurement and Challenge Administration Professionals to check the whole course. The procurement course of is one of crucial components of any building challenge. With out the precise supplies and tools, the constructing won’t be able to face up. To make sure that your challenge has all the pieces it must be profitable, it’s crucial to have a procurement skilled who understands the trade and the way it works.



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