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Week11a ContractManagement 2023

contracts

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8 views

Week11a ContractManagement 2023

contracts

Uploaded by

FLAT PİE
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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NAME424 Shipyard Organization

SHIPBUILDING CONTRACTS

Week 11
Contract Stages

(1) Tender
▲ Required information
● Requirements specification or brief technical specification
● Preliminary general arrangement
▲ Role of the brokers

(2) Response and Proposal


▲ Required information
● Technical specification
● Key plans – General arrangement, midship section, principle
diagrams, capacity diagram, etc.
● Makers’ list,
●Price, payment schedule and delivery date and conditions
Contract Stages

(3) Negotiations and Protocol of Agreement (or Recapitulation)

(4) Shipbuilding contract


▲ Route-1 - Newbuilding contract
( AWES type contract )
▲ Route-2 - Re-sale contract
( SALE FORM)
Contract Stages

(5) Contracts and its Enclosures


▲ The main contract
● Main text ( agreement )
● Text of Advance Payment Guarantee
● Shipbuilder’s Warrantee Text
● Protocol of Delivery and Acceptance
● Suppliers List
▲ Technical and/or Shipbuilding Standards
▲ Key plans
Contract Stages

(6) Critical Issues – Contract


● Flag state related problems
● Payments milestones and their verification
● Final payments and delivery
● Owner’s representative’s rights
● Force Majeure issues
● Shipbuilding guarantee coverage
● Delivery documentation
● Resolution of technical disputes (role of class &
independent third party )
● Default Related Clauses (& their implementation procedures)
● Assignment Clause
● The law of the Contract – Courts or Arbitration
● Conditions in Advanced Payment Guarantee
● Conditions in Shipbuilding Warrantee
Contract Stages

(7) Critical Issues – Technical Specification


● Class notation implications – Procurement Specifications
● Implication of listed international and national rules,
convention and other requirements
● Construction and coating standards (or acceptable
tolerance )
● Inspection procedures
● Control function and its effects
● Flag Authority related rules and inspections
● List of required certificates
● Use of shipyard standards
● Trial procedures / Quality standards
● Issues not clarified in technical specifications
Contract Stages

(8) Second Hand Purchase


● SALEFORM and its options
● Importance of class records review
● Importance of certificates and validity date
● Inspection / Dry-docking related issues
● “As is, where is” concept & its dangers
AWES TYPE

AWES TYPE
SALEFORM

SALEFORM
End of Week 11

Questions ?

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