Project managers, technical assessors and risk evaluation teams work hard in their roles at keeping costs under control and avoiding supplier contracts that could turn bad for both sides. The reasons are worth stating aloud; a bad contract decision could bankrupt the supplier, delay the project build and cause ripple effects through insurance claims, loss of trust and blemished industry reputations.
With the energy cost per MW for offshore wind estimated at around £140/MWh, according to a 2012 report published by The Crown Estate, it’s vital not just for the industry at large, but for individual solution providers to align themselves correctly towards to common goal of reduced risk and long term wins.
Leading think tank Wind Energy Update conducted six surveys in 2012, researched and produced two widely regarded offshore wind construction business intelligence reports and now have brought together their learning’s at their London based B2B conference . Offshore wind pre-contract supplier assessment, both the technical and financial options are revealed.
The detailed topics on cooperative agreements, contractual strategies and financial assessment are explored at the event. In depth discussion on technical and financial assessment solutions are part of the executive learning syllabus; which in turn is all geared towards successful project delivery.
[mappress]
Press release, February 7, 2013; Image: Vattenfall