Document background
The Engineering Procurement And Construction Agreement is a crucial document used for large-scale construction and infrastructure projects in the Philippines where a single contractor takes full responsibility for all engineering, procurement, and construction aspects of the project. This type of agreement is particularly important in the Philippine context due to the country's growing infrastructure needs and increasing foreign investment in construction projects. The document addresses key requirements under Philippine law, including compliance with the Government Procurement Reform Act (for public projects), the National Building Code, and environmental regulations. It provides comprehensive coverage of project execution, from initial design through to commissioning, including detailed provisions for risk allocation, payment mechanisms, performance guarantees, and dispute resolution. The agreement is structured to ensure clarity of obligations while maintaining flexibility to accommodate project-specific requirements within the Philippine regulatory framework.
