CHAPTER 8 ENGINEERING AND CONSTRUCTION AGREEMENTS: FORM OF CONTRACT

• Jurisdiction: United States

Mining Agreements: Contracting for Goods & Services
(Sep 2015)
CHAPTER 8
ENGINEERING AND CONSTRUCTION AGREEMENTS: FORM OF CONTRACT
John Reynolds
Managing General Counsel
Fluor Corporation
Greenville, South Carolina

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JOHN R. REYNOLDS is a Vice President and Managing General Counsel for the Fluor Corporation, with lead responsibility for Infrastructure, Mining, Industrial Services, Global Services (AMECO and TRS), Construction and Fabrication, and Procurement areas of the company. John also has the responsibility for Enterprise Risk Management and managing the Law Department in the Greenville office. With over 30 years of experience with Fluor, John has supported and worked with all of the business groups. He is a graduate of the University of Alabama with a BS in Commerce and Business Administration, a Juris Doctor, and a Masters of Business Administration, a member of the Alabama and South Carolina State Bars, and a member of International Association of Defense Counsel.

Engineering and Construction:

Form of Contract

John Reynolds, Fluor Corporation

September 24, 2015

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Introduction

"If you don't know where you are going, any road will get you there."

Lewis Carol

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Mining Projects

• Remote

• Urge

• Complex

• Expensive

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PROJECTS THEN:	PROJECTS TODAY:
• Welcomed	• Complex Compliance
• Limited Support	• Global Collaboration
• Foreign Labor	• local Content
• Social Outreach	• Social Media
• One-off, Stick Built	• Modularized

A Changing World

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Outline

• Owner and Contractor - Tension or Harmony

• Owner/Contractor Roles

• Overview - Basic Contract Structures

• Positives and Negatives - A Matter of Balance

• Strategy Considerations in Today's Market

• Complicating Factors - Multiple Owners, Lenders

• Risk Allocation and Management

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Tension or Harmony?

WHAT OWNERS WANT

• Control, flexibility

• Quality, innovation

• Operability, reliability

• Social responsibility, safety, anti-corruption, local content, environmental...