The IChemE Burgundy Book Contract Review Checklist - Essential Edition

IChemE Burgundy Book Contract Review Checklist — Essentials Edition (8 High-Risk Clause Areas)

Price: £15

Written by a Chartered Commercial, Contract & Procurement Manager with 25+ years across procurement, quantity surveying, contract management, and claims — on both the Contractor and Client/Operator sides of major CAPEX/OPEX projects (Offshore Wind, Oil & Gas, Chemical, and Onshore Construction, UK and international). Full member of CIOB and CaSA, fully versed in all IChemE, forms of contract.

Description:

A fast, focused due-diligence checklist for anyone reviewing an IChemE Target Cost (Burgundy Book) contract — the pain/gain-share form used across process plant and chemical engineering projects.

Covers the eight clause areas that drive the most disputes, built around the mechanism that makes target-cost contracts genuinely different to review: the Target Cost & Payment section covers Allowable/Disallowable Cost definitions, pain/gain share ratios, and how the Target Cost is adjusted — the single biggest source of dispute on a target-cost contract, and the part most reviewers under-check.

Built for commercial managers, contracts managers, and quantity surveyors who need to get the target-cost mechanics right before signature, not argue about them at final account.

Bullet features:

• Covers Risk & Ground Conditions, Care of the Works & Insurance, Limitation of Liability & Remedies, Delays & Force Majeure, Variations & Claims, Target Cost & Payment, Termination, and Dispute Resolution
• Every item mapped to IChemE Burgundy Book (2nd edition) clause references
• Dedicated focus on Allowable/Disallowable Cost and pain/gain share drafting — the most commonly disputed area of any target-cost contract
• Colour-coded risk flags (High / Watch / Info)
• Negotiation & drafting notes on every line
• Delivered as an editable Word (.docx) document
• Not legal advice — a practical first-pass commercial review tool