Shrink sheet assertions are unsigned declarations of authorization that indicate that the customer`s confirmation of the assertion conditions is demonstrated by the opening of the shrinking sheet grouping or by any other pooling of the product, by the use of the product or by any other specific instrument. Determine the optimal pricing model – participants should also carefully analyze and determine the optimal pricing model. This may include a „fixed price“ for the entire EPC, a „fixed price“, i.e. a fixed price subject to escalation for certain price increases, such as for example. B an increase in steel costs, or a „target price“ which is a cost reimbursement model determined by an open book estimation process. Each of these pricing models has a significant impact on risk, so it is important that project participants understand and evaluate the most appropriate model for the project. Both agreements are usually reached before funding is found for the project. Given the strong correlation between EPC contracts and licensing agreements and lenders` common requirements for the banking capacity of these project documents, these differences over time can pose a number of problems. Below, we identify some of these problems and then discuss possible solutions to deal with them. Even in cases where the EPC provider is not the technology provider, it may be willing to package the technology if it is able to enter into direct agreements with the technology licensor, as discussed above.
A second consideration for the EPC Contractor is the compensation of intellectual property provided for in the Technology License Agreements, on the one hand, and in the EPC Contract, on the other, and if and to what extent they differ. . . .