Implied Warranty in EPC Contracts

Description

This Skill Bit shows that implied warranties in EPC contracts assure the contractor’s work will meet professional standards and be fit for its intended purpose, even if not explicitly stated. They cover quality, fitness for purpose, and compliance with specifications, complementing express warranties negotiated in the contract. While express warranties are specific and enforceable, implied warranties provide a safety net of minimum standards, though enforcement can be complex. Jurisdictional differences and contractual clarity are crucial considerations to mitigate risks and ensure mutual understanding between parties, balancing protection for project owners and contractors.

Duration approx. 4 Min.

Tier: advanced