The right contracting strategy may improve energy project performance, manage risk among parties reasonably and ensures contractors remain profitable.
Historically, project performance in the power industry has been lacking with frequent drivers of lower than planned performance often related to:
A robust contracting strategy that allocates project risks among contract parties in a reasonable fashion is a key driver of good project performance.
KPMG’s six steps for developing a contract strategy
Download KPMG's article for a deeper dive on contracting strategies, contract types and lessons learned.
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