Menu
Full-scope support for successful contract negotiations
We apply in-depth technical and commercial evaluations to optimise your contractual strategy and strengthen your position during negotiations with suppliers. Typically, our team plays a leading role throughout the tender phase.
Specialist in major contracts negotiation and management, programme management, and asset management.
Drawing on our considerable commercial knowledge base, we assist our global clients with Wind Turbine Generation (WTG) Service Agreements, Balance of Plant (BOP), Operator O&M Agreements and other contracting support services to achieve market-leading outcomes for their projects in the operational phase.
Project engagements take account of project and country-specific commercial, legal/statutory, operational, and technological factors to improve project Internal Rate of Returns (IRRs) and mitigate issues that could impact performance and cost in the operational life of an asset.
Operational expenditure (OPEX) can equate to 25-30% of the total lifetime cost of a wind farm – even more when it concerns an offshore asset. The majority of these costs fall under one single contract – the Service and Maintenance Agreement (SMA).
This article explores the SMA from the owner’s perspective and addresses key questions that often arise during its negotiations.
Are you an offshore wind farm developer currently, or soon to be, negotiating a wind turbine service agreement (TSA) for a US project?
This article addresses the US-specific considerations you should take into account when negotiating such a service agreement. It identifies the considerable differences between contract negotiation in mature markets, such as Europe, and new markets, such as the US as well as he factors that affect them.
Copyright © 2024
