COMPARATIVE STUDY OF NITI AAYOG’S EPC CONTRACT WITH

FIDIC’S MODEL FOR DESIGN BUILD AND TURNKEY PROJECTS

24th & 25th June 2021, Online on WEBEX from 2.00 pm - 5.00 pm IST

WHY THIS WEBINAR IS IMPORTANT FOR YOU?
• It is a very challenging situa on in India and the rest of the world to manage EPC
Turnkey Projects during these globally turbulent mes. The risks of execu ng these
projects may increase or decrease depending upon terms of contract chosen by
Government or Public bodies and Corporate clients or private Developers to award
these Contracts to EPC Contractors.
• The present trend is very clear, many large Infrastructure projects are awarded by
the Government or Public bodies by incorpora ng EPC Model created by
NITI AAYOG on behalf of Govt of India. While as many Corporate clients and private
Developers are going for Contracts which are generally based on FIDIC models for
Design & Build or Turnkey Projects.
• It is necessary that EPC Contractors, Project professionals and PMC consultants
understand both the models and their risk profiles to price the proposals properly
and implement them with correct understanding of inherent risks in working with
Public or Private projects.
• With Covid Pandemic s ll raging in India and around the world, all the stakeholders
are s ll grappling with unforeseen adverse effects of these global Force Majeure
Events. Hence cri cal study of NITI AAYOG'S EPC Model and FIDIC's Design & Build
or Turnkey Contract is essen al at this juncture to come out of this Covid created
calamity unscathed and even be successful.
WHAT WILL YOU BENEFIT FROM THIS WEBINAR?
1. You will realise the precau ons necessary during the bidding of these projects with full
Design and Engineering responsibility of crea ng projects Fit For Purpose, capable of
delivering expected performance. You will understand the importance of other
Contractual provisions in FIDIC which are suppor ng or limi ng the relief available to
any party under Excep onal circumstances.
2. You will learn when to invoke Contractual provisions for Scope of Design, Change order
or Varia on requests and seeking Extension Of Time with jus fiable reasons. You will
start looking at Contract with wider perspec ve of Risk Assessment and mi ga on and
create or seek more balanced Contract in future.
3. You will be able to interpret Force Majeure or Excep onal Events related provisions in
both the models and the extent of risk you are facing or the nature of relief that may
be available in the Contract.
4. You will understand when Claims do arise during execu on and how to defend them
or resist them under the contract & the Dispute Se lement Mechanism available in
both the types of Contracts.
5. You will develop a compara ve perspec ve to deal with global Contract models in
Interna onal EPC projects and awareness of Na onal Contract models for Govt or
Public body EPC projects.

Faculty Profile

Dr (Prof.) Ajit Patwardhan,

Course Director
Dr. Ajit Patwardhan, a professional Post Graduate Engineer from Indian Ins tute of Technology, Powai, with almost 50 years of
experience in India and Gulf in various fields of Construc on Projects and Infrastructure Development with Training and Consultancy
focus in last 20 years on Infrastructure Projects.
He held high posi ons at senior level for 25 years in Design, Engineering and Construc on in India and Gulf. He has progressed to become Professor, Dean
and Advisor at pres gious Construc on Management Ins tute of NICMAR. He completed his Ph.D. from Pune University in Infrastructure Risk Management.
He has conducted more than 200 Training Programs across India & Gulf, involving Major Construc on Corporate, State Governments, and Public Bodies
in Infrastructure field. He has covered many topics in this field including EPC Turnkey Projects Execu on, Contract & Claims Management and Interna onal
FIDIC Contracts. He was appointed Consultant in 2013 by World Bank as Contract Management Expert for Infrastructure Projects funded by them in India.
Since April 2020,he is advising E&Y as Subject Expert on Contract Management.In last one year Dr Ajit Patwardhan has conducted 15 Online Webinars
dealing with all aspects Project execu on during Covid 19 pandemic, at Na onal conferences and Corporate workshops including Interna onal audience at
World Bank and Bloomasia.

Who Should Attend This Webinar?

WHO SHOULD ATTEND? SUITABLE FOR WHICH SECTOR

Contract Managers and Contract Engineers Real estate and Commercial Construc on

Projects Directors and Project Managers Highway Construc on and Bridges

Procurement Managers and Purchase Engineers Sea Ports and Air Ports
Planning Managers and Planning Engineers Urban Infrastructure & Metro Rails
Consultants and PMC Engineers Industrial Projects and Warehouses

Procurement Experts in Funding Agencies Oil & Gas and Petro Chemical Industries

Public Sector Managers and Govt. officers Power Genera on and Transmission

Tendering and Es ma on Engineers Renewable sources of Energy

Business Managers and Cos ng Engineers Water Supply & Sanita on projects
Subcontractors, Vendors and Suppliers Any field related to Construc on projects

Contact Us :
Email : ashraf@bloomasia.co.in Mobile: +91 9773646785 Web : www.bloomasia.co.in
 COMPARATIVE STUDY OF NITI AAYOG’S EPC CONTRACT WITH
FIDIC’S MODEL FOR DESIGN BUILD AND TURNKEY PROJECTS
24th & 25th June 2021, Online on WEBEX from 2.00 pm - 5.00 pm IST
SESSION PLAN
DAY 1
SESSION 1 02:00 PM to 03:30 PM
The introduc on to NITI Aayog's EPC CONTRACT Model. Recent
history and Evolu on of EPC contracts in INDIA.
Long history of FIDIC's Rainbow suite of Contract models with
latest 2017 edi ons of Red, Yellow and Silver books.
SESSION 2 03:45 PM to 05:15 PM
Compara ve study of NITI AAYOG'S model with FIDIC's Yellow &
Silver book Commentary - PART 1, consis ng of, Defini ons,
Interpreta ons, Unforeseen difficul es, Employer and Contractor's
obliga ons, Performance Security, Delay damages, Design and
Drawings approval Change of Scope and Provisional and final
Cer ficate etc.
Note: All sessions will be interactive with examples and cases
Contact Us :
Email : ashraf@bloomasia.co.in Mobile: +91 9773646785
DAY 2
SESSION 1 02:00 PM to 03:30 PM
Compara ve study of NITI AAYOG'S model with FIDIC's Yellow &
Silver book Commentary -PART 2,consis ng of, Contract price,
Interim and Final payment, Escala on, Authori es Engineer and
his Determina on, Force Majeure, Suspension and Termina on,
Liability and Indemnity, IPR Copyrights, Power of Authority to
purchase at Risk & Cost.
SESSION 2 03:45 PM to 05:15 PM
Importance of Legal Framework while interpre ng both Contract
models under Indian Contract Act & other laws.
Significance of Disputes Resolu on under Indian Arbitra on Law
and at Interna onal level as provided by FIDIC models.
Web : www.bloomasia.co.in