IMCA Contracting Guides
IMCA has published a variety of guides, templates and discussion documents aimed at raising awareness on contracting issues, promoting discussion and providing tools that may be useful for its contractor members, their clients and sub-contractors.
Each is published with these aims as an aide for clients and contractors alongside their in-house standard contracts and other industry publications. Every IMCA member is, of course, free to negotiate their own terms, qualify such contracts and to make use of the principles should they wish to do so in order to achieve a contract satisfactory to both parties.
Further details on IMCA's work in this area is available in the contracting issues area of this website or from Hugh Williams, IMCA Chief Executive.
IMCA Contracting Principles
A discussion document that IMCA believes will serve the long-term interests of all participants in the oil and gas industry by encouraging an equitable contractual balance based on the parties' respective risks and rewards. This in turn should improve relations, increase efficiency and reduce overall costs.
Risk allocation goals with the very apt acronym 'FAIR' lie at the heart of the principles.
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Identifying and Assessing Risk in Construction Contracts
The handling of risk in construction contracts can vary considerably depending on the nature of the work, the operator and contractor involved, the prevailing contracting climate and a variety of external factors.
This IMCA discussion document aims to promote dialogue by addressing specific risks in seven specific areas.
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IMCA has also published the following selection of related documents, available for downloading free of charge from this website. For further information, including how to obtain printed copies, click the 'Info' link to the right.
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