Claims and Change Order Management for FPSO Modules

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Claims, change variation Order management

Client: Large international EPC

End customer: International oil company

Contract size: 105 Million USD

Project details: Delivery of FPSO modules

Dispute: Liquidated Damages defense and enforcement

Claims size: 18,500,000 USD

 

Topics: Cost and schedule overrun due to delays caused by the end customer. Enforcement of LDs towards fabrication contractor. Claims and Change Order management.

Main target: Prepare claim for extension of time, defend against incoming EOT claim, preparation of outgoing VORs, analysis of incoming VORs, defense against sub-contractor claims

Outcome: Defense against 4.7 Million LD claim, reduction of incoming claims amount of 34%, defense against EOT claim, application of LD on delayed sub-contractors

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Project Details
Date 29 Mrz 2017 Categories Change/Variation ManagementClaimsLiquidated Damages Author wordpressadmin Skills Claims management, dispute avoidance, LDs Client International EPC