Jason Roth, Geoffrey Stenger and Victoria Tulk write in Alberta Solar Review on key considerations for solar project developers when entering into an engineering, procurement and construction (EPC) contract. They provide their insights on:
- Selecting the right contractor
- Supply chain issues
- Clearly defining project requirements
- Fixed price contracts
- Long-lead items
- Connecting to the grid
Jason, Geoff and Victoria also look at additional EPC contract considerations in warranties, dealing with the unexpected and the impact of Alberta's Prompt Payment & Construction Lien Act, which comes into force on August 29, 2022.
The EPC contract remains attractive to the Alberta solar industry developer. But with the rise of inflation and other risks, both project developers and contractors will need to be flexible in the finalization of their risk-profile for the EPC contract.
Please note that this publication presents an overview of notable legal trends and related updates. It is intended for informational purposes and not as a replacement for detailed legal advice. If you need guidance tailored to your specific circumstances, please contact one of the authors to explore how we can help you navigate your legal needs.
For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com.