Warranty Period in EPC Contracts
This Skill Bit shows, that in EPC contracts, the warranty period guarantees rectification of defects post-project completion. Lasting 12-24 months from formal acceptance, it obligates the contractor to address issues at no extra cost. The final cut-off date, marking the end of warranty claims, is established as a set period post-acceptance or delivery. Explicit contract specifications mitigate ambiguities, balancing owner and contractor interests while managing project risks effectively. These provisions ensure project quality and functionality, fostering a transparent and cooperative partnership.
Duration approx. 5 Min.
Tier: advanced
A part of Contracts – Mastering EPC Key Clauses course.