Efficient Contract Risk Management is an integral element of ensuring the commercial success of an offshore wind farm. Inadequate risk assessment and inefficient management of interfaces often results in gaps in liability, unfair risk distribution and ultimately compromises the Internal Rate of Return on a project.
Windpower Monthly’s 2nd annual Contract Risk Management Forum on 11 & 12 February in London takes a detailed look at how contracts can be used to deliver projects on schedule with transparent risk assessments and technical allocation of risks according to expertise rather than pressured contract negotiations.
Industry experts come together to debate pressing issues, such as:
- Understanding contracting strategies according to projects needs: Multi-contracting vs EPC
- Including alliancing mechanisms in contracts to ensure effective risk management and maximum contractor buy-in
- Developing strategies to ensure definitive risk identification to deliver projects on-budget with a long-term view of reducing costs
This is the only forum in the offshore wind farm construction industry which brings together professionals from all sides of the contract interface to address challenges in the industry on risk allocation, liability for delays and barriers in reducing the cost of energy.
This is a must-attend event for:
- Contract Managers
- Procurement Managers
- Commercial Project Managers
- Risk Managers
- In-house Counsel
“Very Interesting! Good speakers, interesting topics!” Senior Contract Manager, Ballast Nedam
“It’s important to challenge current thinking for tomorrow’s projects” Head of Project Management, AREVA