Friday 17 March 2023

Clarksons have recently seen a number of US developers making the decision to proactively pursue a multi-contracting route for the construction of offshore wind farms. This strategy has been driven by a desire for better visibility on both risk and costs than that offered by the more traditional option of single sourcing Engineering, Procurement, Construction and Installation (EPCI), which results in paying a premium for others to take on most of a project’s risk.

Fully story here.