EPC Contract Risk Survey Form
EPC Contract Risk Survey Form – Please complete this survey to help us evaluate and understand key risk factors in engineering, procurement, and construction contracts.
Overall, how would you rate the risk level of this EPC contract?
*
1
2
3
4
5
How clear and unambiguous are the contract terms and scope definitions?
*
Very unclear
1
2
3
4
Very clear
5
1 is Very unclear, 5 is Very clear
How likely are delays due to procurement or supply chain issues?
*
Very unlikely
1
2
3
4
Very likely
5
1 is Very unlikely, 5 is Very likely
Which of the following best describes the reliability of key suppliers or subcontractors?
*
Highly reliable
Generally reliable
Somewhat reliable
Unreliable
How well-defined are the project’s technical requirements and specifications?
*
Poorly defined
1
2
3
4
Fully defined
5
1 is Poorly defined, 5 is Fully defined
Please rate the following risk factors for this EPC contract.
*
Rows
Low
Medium
High
Schedule risk
1
2
3
Cost overrun risk
4
5
6
Safety risk
7
8
9
Regulatory/compliance risk
10
11
12
How confident are you in the project team’s ability to manage unforeseen risks?
*
Not confident
1
2
3
4
Very confident
5
1 is Not confident, 5 is Very confident
Are there clear processes for dispute resolution and claims management?
*
Yes, clearly defined
Somewhat defined
Not defined
How would you rate the financial stability of the contracting parties?
*
Very unstable
1
2
3
4
Very stable
5
1 is Very unstable, 5 is Very stable
Please provide any additional comments or observations regarding risk in this EPC contract.
Submit Survey
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