Welcome to the Oil, Gas & Petrochemical Community. This community was started by the members of IACCM in the industry to talk about issues particular to them. Since this is a highly regulated industry, please be mindful of that when making postings.
The Petrochemical, Oil and Gas Community of IACCM is a global group of contracts and commercial practitioners from companies in the Petrochemical, Oil and Gas industries. The community has been brought together to provide help to solve problems raised by its members related to the activites associated with commercial and contract management in the Petrochemical, Oil and Gas industries. The Community will create and share knowledge (always within legal and ethical boundaries) with an emphasis on sharing best practices. The Community will:-
(1)Build a vibrant network of contracts and commercial practitioners in the Petrochemical, Oil and Gas industries.
(2) Offer networking events whenever possible to our community.
(3) Provide standards and best practices for use by our community.
(4) Provide Ask the Expert Calls.
(5) Review available training and provide quality IACCM training in the Petrochemical, Oil and Gas industries
(6) Provide Subject Matter Experts and a “body of knowledge” for our community.
(7) Provide breakout forums at IACCM conferences for Petrochemical, Oil and Gas industry subjects.
IACCM and State of Flux warmly invite you to join this webinar which will share findings of State of Flux's latest global research into SRM best practice. The theme this year is on SRM as a business change programme. Organisations that want to unlock the full potential of collaborative, innovative and mutually beneficial supplier relationships need a corporate culture that embraces this. As it is senior executives that drive culture, SRM therefore needs to be driven from the top. Join us to hear more on this from Alan Day, Chairman and Founder of State of Flux and Mel Shutes, Head of SRM.
This year's survey of the top negotiated terms indicates a continuing challenge for the contracts and legal community.
A new year, but continued pressure to deliver savings. That statement summarizes where many Procurement groups find themselves as we enter 2016. So to the casual observer, nothing has changed.
Based on recent IACCM research, commercial issues lie at the heart of around 70% of all the 'troubled' projects. This practical session will look at three areas; people, process and systems and how their interactions can impact the effectiveness of your contract management strategy. This webinar will feature Contract and Commercial Management (CCM) experts Paul Branch of BT Services, Ben Sharp of CPA Global and moderator Katherine Kawamoto of IACCM, who will share their experiences and ideas as to what we can do as CCM professionals how they can be optimized to reduce the incidence of such issues. Excellence In Contract Management: The Role of People, Process & Systems in Delivering Contract Value Speakers: - Paul Branch, Head of Deal Assurance at BT Americas - Ben Sharp, Managing Attorney at CPA Global, - Katherine Kawamoto, Vice President of North America and Strategic Initiatives at IACCM
It is no longer a hypothesis that our current processes used to establish commercial relationships are flawed - on both the buy and sell side. Yet we keep trying to optimize each side of the process (which logically may mean we are increasing the value destruction) and don't identify the flaws that continue to diminish value for both sides. Most of the time is spent on the pre-nuptial agreement, trying to anticipate all the things that may go wrong (self-fulfilling prophecies perhaps?) and how to protect our own interests. Far more time should be spent on establishing a good relationship and working on the marriage in order to multiply the total value for both partners. In the first of a two-part series, Anne will challenge long held assumptions based on Theory X that drive the wrong behavior and propose going even beyond Theory Y (Best Practices) to Theory Z (Next Practices). She will explore how both the buy side and sell side approach the contracting process today, when the leverage shifts between the two parties and how to improve the way we work with our trading partners. If you are interested in learning how to address changes in processes and competencies to create a relationship that will result in a sustainable marriage, then this is a session you will not want to miss. In Part II of this two part series, we will address how to build a sustainable relationship after the marriage takes place. In addition, if you are interested in joining a small working group to address these issues, that opportunity will be available to you. The second part of this webinar will take place on February 18th.
I have recently joined IACCM, currently in to Procurement & Contracts Management for a Construction Company of Oil & Gas, Petrochemicals Projects -Middle East.
Hello, Do you have a contract model of EPC Progressive Lump Sum contracts you can share with me? I would really appreciate your help. Tienes un modelo de Contratos tipo EPC por Ajuste Alzado Progresivo que puedes compartir conmigo? Seria de gran ayuda. Thanks and regards Alan
Does anyone have examples where they do not do Denied Party Screening of vendors such as low risk low value contracts below XX threshold?
We are sampling the following industries: Oil and Gas, Mining, Power and Utilities, emerging Smart Cities, and Infrastructure. Entries must be submitted by 17:00 CST/22:00 GMT on Friday March 13. Good Luck! Here's the survey link again: http://t.co/qRT52Sk7Uq
Please, can someone tell me what the key issues a contract professional should look and take care of in a Research & Development Contract
Looking for Articles on "Salvage' and Lloyds Open Form. If anybody has anything on this please advise.
Anybody have an example of a good warranty procedure for an EPC Contract Management ?
There is a lot of debate today on oil prices going down and where it will stabilise. Our commnunity need to understand the risks and how to deal with it as members of organisations and as individuals with careers to protect. Obviously, growth of consumption in Europe is flat and will be so. In US, shale gas is a game changer which leaves Asia and Africa as growth drivers. There are huge challenges in dealing with these countries and risks. I would like to start an active debate on this
I was wondering if there are any benchmarks in the number of Contract per FTE that a Contracting gruop can handle
Hello everyone, currently I am considering a project for my MBA dissertation. Ideally been a commercial manager, I want to choose a contracts or commercial issue to research. I work in the Oil & Gas industry, so a even narrower issues would be better. All feedback is welcome.
Please cut and paste the link below into your browser - very good article from Westney on projects and the "illusion of accuracy". http://www.westney.com/publications/Westney%202014%20Annual%20Perspective.pdf
Petrochemical, Oil and Gas Community - CHARTER