EPCM Contract Strategy explained | Podcast

This video explains the EPCM contracting strategy (Engineering, Procurement & Construction Management) Contract using a Cost Plus Incentive Fee (CPIF) payment structure, commonly used in medium, large, and mega projects.

You’ll learn how EPCM contracts define the contractor’s role, including engineering oversight, procurement management, site supervision, mechanical completion, and start-up support. The video also breaks down CPIF incentive mechanisms, where contractor compensation is linked to performance indicators such as cost control, safety, quality, and project schedule.

We cover key commercial and legal protections, including bank guarantees, liability caps, audit rights, and structured procedures for cost reporting, document control, and communication management. The final section explains how EPCM contractors support project financing, including coordination with international lenders, export credit agencies, and financial institutions.
This video is ideal for project engineers, contract managers, commercial teams, students, and professionals working in EPCM, EPC, oil & gas, infrastructure, power, industrial and renewable projects.

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