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Understanding and Negotiating EPC Contracts explains the fundamental commercial principles and pitfalls of 'turnkey' contracting for major infrastructure projects anywhere. It is a comprehensive guide providing practical analysis of the issues and challenges in complex construction projects. Exhaustive in scope, the book enables professionals and non-professionals to understand the commercial, legal and financial elements of large construction projects and places readers in a stronger position to assess short and longer-term needs of clients and constituents.The book serves as a guide for all types of capital investments ranging from nuclear, wind, solar, natural gas and coal-fired power plants to high speed rail roads, bridges, tunnels, airports and LNG import and export facilities.