To meet the rising global demand for energy, projects continue to grow larger, requiring more companies in different regions, with energy production increasingly undertaken through joint ventures. Complex contract relationships are created due to involvement of multiple contractors, sub-contractors, suppliers with P&U companies. 9.15% is the average impact to bottom line performance that results from weakness in contract management.
Along with a reputation risk associated with environmental impacts, legal risk remains a serious issue. Furthermore, because of high energy volatile price financial risks are one of the highest that might bring harm to a company. Not being able to predict financial expenses led utility companies to unpredictable cost waste and further impact on final revenue.
This TBM Evolution event will enable participants to achieve effective results in conducting legal support in Contract Risk Management and get insights of the best practices. Get the full picture of Contract Risk Management process from different perspectives (legal, financial, procurement) and its effect on future company’s development. Also learn how to operate in the current liquidity market conditions with safer conditions for the company revenue.
VPs, Heads, Directors, and Managers:
• Legal & Corporate
Power & Utilities, Contractors, Sub-Contractors, Suppliers
Do you think you experience and knowledge can contribute to the agenda?
Are you interested in presenting a case study on behalf of your company?