Float Ownership in Lump-Sum Turnkey EPC Projects and Offshore and Mega-Infrastructure Projects
Below are the float ownership approaches recommended for four project types:
LSTK EPC projects in power and energy: project-owned float
Offshore and mega-infrastructure projects: a detailed float allocation clause
Collaborative NEC projects: project-owned float with a clear float ownership/time allocation clause
Contractor-driven fast-track projects: contractor-owned float
