The construction arrangements for any project must interrelate carefully with the project's other arrangements and fit within the overall risk profile of the owner to ensure that the project is delivered on time and within budget. Our lawyers are trained to anticipate issues, identify risks and solve problems in both project development and project finance contexts, so that the
project agreements (including the construction contract) properly allocate risks.
Baker Botts lawyers routinely structure, draft and negotiate a broad array of construction contracts, including engineering, procurement and construction (EPC) contracts, in a wide variety of projects. Our experience and market knowledge enable us to provide solutions and give our clients the best contractual protection available in the context of the specific project. Our experience is built upon a broad base of transactions involving the development and financing of capital-intensive projects throughout the world on behalf of sponsors, developers, construction contractors, equipment suppliers, lenders and governmental agencies.
Much of the firm's EPC know-how has been developed in greenfield projects and project finance and other structured finance transactions. In these deals, our lawyers work closely with clients to structure and negotiate EPC arrangements that meet the competing requirements of owners, contractors, lenders and other project participants.
Because of Baker Botts' extensive history in energy and natural resources, our lawyers understand and are sensitive to the issues that affect the bottom line for companies in this sector. The additional structural and documentation requirements in the world of project and structured finance demand a high level of creativity and hard work on the part of lawyers handling EPC matters. Baker Botts lawyers are ready to continue handling such challenges for our clients.
Types of Matters and Projects
- Upstream, midstream and downstream oil and gas projects including:
– pipelines
– refineries
– LNG liquefaction and regasification projects
– terminals
– production platforms
- Electric power projects
- Vessels and transportation systems
- Airport projects
- Telecommunications projects
- Transportation Projects
- Infrastructure Projects