EPC Contract Risk Review demo
Bid risk managers read the contract form and its annexes together, price each risky clause with its sum open, and check what supplier quotes pass down. 1:22
What the demo shows
Reads the EPC contract before bid and signing, pricing every risk taken, for legal and bids.
Agents read every page, find the clauses with commercial effect, read the form and annexes together, price each risky clause as exposure times likelihood with sources, compare it with what each supplier quote passes on, and draft questions and walk-away positions. Counsel confirms the meaning, the bid risk manager places the number and the bid director signs each change to the bid.
Transcript
- EPC Contract Risk Review Prices, a lump sum contract's risks.
- Four bid desks and counsel, a $1.12 billion bid, 1,380 pages.
- The risk bridge, each priced risk steps up contingency.
- Agents read the form and annexes together.
- NXD adds $68 million of damages beside a 10% cap.
- The agent prices it over the gas forecast.
- $21.6 million. Hannah places it.
- Counsel Elena Vasile opens both passages and confirms.
- Bid director Oscar Wallen signs.
- $61 to $82.6 million.
- Cited and audited. Agents never sign.
- One 5% supplier cap leaves Ostvale $119.5 million found before signing.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.