PTAG Presentation for OPG on Force Majeure Management at the OCNI Conference
PTAG’s Managing Director, Michael Dubreuil, presented today on Force Majeure Management – During COVID-19 Pandemic Recovery at the OCNI Virtual Conference for Ontario Power Generation (OPG).
[PDF] Presentation Recap – OCNI-OPG-Seminar-Force-Majeure-Management-–-During-Covid-19-Pandemic-Recovery-August-2020Download
The New Normal requires “new ways” of operating that requires all parties; Owners, Consultants, Contractors, Engineers, and Equipment Suppliers to find new and innovative ways of optimizing cost and schedule to mitigate the impact of COVID-19 and work towards a sustainable recovery.
Excusing a party from its contractual obligations for a force majeure event is the exception. “Contract liability is strict liability. It is an accepted maxim that pacta sunt servanda, contracts are to be kept.
This discussion explores three fundamental methods to help ensure that as projects resume – the threats to safety, quality schedule and cost are minimized and opportunities for improvements in each of these core areas are explored and realized.
These methods are:
- Transparent Communications
- Collaboration and Integration
- Rigorous Change Management
Using industry research and experience, we outline how these methods build trust to develop the ideas to mitigate the impact of COVID-19 Force Majeure events.